Caixabank got a net profit of 1,470 million of euros between January and March, which is a year -on -year increase of 46.2% and exceeds the 1,077 million that the consensus of Bloomberg analysts expected. Its account would grow 6.9% of having repeated the position of 493 million ‘imposite‘That last year he accrued completely in the first quarter. This year is periodified and has paid 148 millionwhich would rise to 592 in the year if it repeats the same payment in each quarter.
The entity attributes the improvement of the account to the impulse of the activity in an environment of downward interest rates, which already narrows the margin by customers. Your profitability on your own resources (ROE) increased to 16.5% from 13.4% Comparable (it is limited to 15.4% with the linear accrual of the bank tax that must also provide in future quarters).
The CEO of the Bank, Gonzalo Gortázar, valued that the entity starts the new strategic plan with “a significant advance” in the objectives: “We are accelerating the growth of the activity; promoting the transformation of our operations and investment in the business; We have reduced doubtful balances, and we maintain high levels of liquidity and capital “the banker stressed in a statement.
The Strategic Plan 2025-2027 of the entity aspires to exceed 16% of profitability to its term with 4% annual growth in the main business rubrics -Crédito and customer resources-, to capture 800,000 net clients and distribute to the investor between 50 and 60% of the benefit via dividends, among other milestones.
In both epigraphs it grows 0.8% in just three months, compared to December 2024, and expands its expansion to 8.5% in the volume of resources of administered clients and 2.9% in the credit portfolio healthy in the interannual comparison. In addition, he managed to capture almost 340,000 new clients in Spain, the entity reported.
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