CaixaBank Will Please Investors With Bottom-Line Beat -- Market Talk

Dow Jones
01-30

0940 GMT - CaixaBank's results should satisfy investors, Citi analyst Marta Sanchez says. The Spanish bank had set a high bar, but even so net profit came in 9% ahead of expectations while 2025 guidance will also be well received, she says. A share buyback of more than $500 million and a final dividend of 28.64 European cents a share are also broadly in line with expectations, Sanchez writes in a research note. Citi reiterates its buy recommendation. Shares are down 0.95% at 5.86 euros. (cristina.gallardo@wsj.com)

 

(END) Dow Jones Newswires

January 30, 2025 04:41 ET (09:41 GMT)

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