Skip to main content

Market Overview

Caixabank Posts Q4 Profit

Share:

Caixabank SA (OTC: CAIXY) posted a profit in the fourth quarter.

The bank swung to a quarterly net profit of EUR154 million ($174.3 million, versus a year-ago loss of EUR142 million. Analysts were expecting a profit of EUR215 million.

Its net profit climbed 96% to 620 million euros ($703 million), versus analysts' estimates of 690.5 million euros. The bank restated its accounts for 2013.

Its net interest income rose to EUR1.08 billion from EUR1.02 billion.

 

Related Articles (CAIXY)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com