This is almost 30% more than in 2021 and the increase is mainly due to the increase in margins in a scenario of rising rates. However, the merger with Bankia has reduced results by 40%.
Euskaraz irakurri: CaixaBankek 3.145 million irabazi ditu 2022an, Bankiarekin egindako bat-egitaren eragina gorabehera
Caixa Bank made a net profit of €3.145 billion in 2022, a 29.7% more than last year, the group said in a statement Friday.
The entity’s banking business — core revenue — grew 5.8%, mainly due to a increase in interest margins. Income and expenses from insurance contracts and bank commissions (1.7%) also increased by 33%.
However, the entity led by Jose Ignacio Goirigolzarri saw its results decline due to the merger with Bankia: decreases by 39.8%.
The Board of Directors will propose to the General Meeting to pay a dividend of 0.2306 euros per share in April, which is 58% more than last year (0.1463) and represents 55% of the net profit. This is the highest payment among the major Spanish banks if the percentage of the result is included.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
