Unicaja obtained a net profit of 451 million between January and September, a figure that represents a year-on-year increase of 58% and improves the 446.3 million that analysts expected. All the margins of its account register double-digit growth, and it also benefits from a relief in the burden of provisions thanks to the clean-up exercise carried out in recent years.
In business terms, the volume of performing or non-doubtful loans fell by 5.2%, to 46,944 million, despite the fact that new production grew by 17.9% in the first nine months of the year. The bank indicated that there is a “seasonal” decrease of 2.9% in financing with individuals, who in recent months have accelerated the early repayment of mortgages. Its share of mortgage formalizations reached 4.4% of the national total.
In customer resources, the balance managed within the balance sheet increases by 4.3%, up to 91,335 million; and 6.9% in off-balance sheet resources (investment funds, pensions or insurance), whose volume amounts to 22,185 million. In investment funds, he highlighted that they had achieved a market share of 8% in net subscriptions at the end of September.
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