1037 GMT - CaixaBank's revenue beat was mainly driven by better other income and impairments, which the market will look past to some extent, Jefferies says after the Spanish domestically oriented bank posted first-quarter results. The print is not much to write home about, analysts write, noting that core dynamics are progressing in line with expectations and the guidance for the year has been backed. Net interest income, a key revenue driver, fell on quarter and on year, providing some softness to the print. Shares fall 4.8% to 6.6 euros. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 06:37 ET (10:37 GMT)
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