Kutxabank increases its benefit by 4.9 % against 2024 to 535.8 million euros

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In the result there was a positive contribution from all companies, driven by the increase in interest margin by 16.6 % to 1366.4 million euros.

Kutxabank registered in 2024 A Record figure for your benefit Just that was higher than 4.9 % that from 2023, until they were inside 535.8 million eurosAccording to the information released by the financial entity this Friday.

According to the bank, KutxabankThe objectives of the Strategic Plan 2022-2024 were exceeded at the end of the year, last year a growth of 12.3 % of its core income experienced that first exceeded 2000 million euros (2012.1 million).

In the result there was a positive contribution from all companies, driven by the increase in interest margin by 16.6 % to 1366.4 million euros.

The entity attributes the evolution of the bank in 2024 to the good behavior of all its strategic business lines and an investment strategy in growth and diversification.

Distribution to the foundations

At the end of the year, 60 % of the net result (321.5 million euros) is divided among the shareholders of the group and the rest (214.3 million), on the management of the bank’s sustainability.

Credit increase

In 2024, Kutxabank’s credit to private individuals and companies grew by 2 %to 47,938 million euros. In particular, consumer credit marked a new record, with an increase of 19.2 % compared to the same period from 2023, to 737 million. The trade credit activity grew with strength, 28 %, to 188.9 million.

The mortgage credits also increased to 4.7 % to 3406 million euros.

Source: EITB

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