Caixabank's Q3 net profit rises 3% on lower provisions
Corrects headline period to Q3, not Q2
MADRID, Oct 31 (Reuters) -Spain's Caixabank CABK.MC said on Thursday its net profit rose 3% in the third quarter from the same period in 2023 thanks to lower provisions and still higher lending income.
The lender reported a net profit of 1.57 billion euros ($1.70 billion) in the July to September period, slightly above the 1.51 billion euros expected by analysts.
The bank also announced a fifth share buy-back programme worth 500 million euros that would start after November 19.
Its board also approved an interim dividend of 40% of the consolidated net profit for the first half of 2024, amounting to 1.07 billion euros or 14.88 cents gross per share, in line with its 50%-60% pay-out policy.
One interim dividend will be paid during November, amounting to between 30% and 40% against first half profits, and a final dividend to be paid in April 2025, subject to shareholder approval.
Caixabank's net interest income (NII), a measure of earnings on loans minus deposit costs, in the quarter rose 2% year-on-year to 2.79 billion euros, slightly higher than analysts' forecasts of 2.75 billion euros. NII rose 0.1% against the previous quarter.
($1 = 0.9056 euros)
Reporting by Jesús Aguado; editing by Inti Landauro
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
