CaixaBank's Targets Provide High Degree of Confidence -- Market Talk

Dow Jones
30 Jan

1001 GMT - CaixaBank's targets, announced at its latest Investor Day, are achievable and should boost investors' confidence on the Spanish bank's future performance, RBC Capital Markets analysts Pablo de la Torre and Benjamin Toms say. However, the analysts caution that they are struggling to find future incremental catalysts for CaixaBank's shares. The bank expects loan demand recovery in Spain to speed up its lending growth, which the analysts describe as achievable. Shares are down 1% at 5.86 euros. (cristina.gallardo@wsj.com)

 

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January 30, 2025 05:02 ET (10:02 GMT)

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