1021 GMT - CaixaBank could see some small positive revisions to consensus estimates, including some revenue upgrades, JPMorgan analysts say. This is because the Spanish bank posted slightly better-than-expected net interest income and much better-than-expected fees, they say. CaixaBank's position in Spain has been strengthened by its merger with Bankia, and it is benefiting from a good diversification of its revenue, the analysts write in a research note. Persisting wage and cost inflation could pose risks in the longer term, they add. Shares are down 0.7% at 5.87 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
January 30, 2025 05:21 ET (10:21 GMT)
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