Strong Correction Unlikely for Spanish Banks -- Market Talk

Dow Jones

Jun 20, 2025

0710 GMT - There aren't any significant sector-specific risks that would justify a strong correction for Spanish banks, Renta 4 says in a research note. Though, markets at record highs call for caution, it says. "We believe corrections, if any, would be more responsive to the market environment in a context of high uncertainty (trade war, impact of tariffs, armed conflicts, escalating geopolitical tensions)," analyst Nuria Alvarez writes. The domestic profile of the lenders provides them with support in this climate, she says. The sector's earnings have proven resilient despite interest-rate cuts, supporting capital distributions and a share rally since the start of the year. The next catalyst is the publication of second-quarter results, in which some could lift their guidance. Renta 4 lowers its rating on Santander and UniCaja to hold from overweight. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

June 20, 2025 03:10 ET (07:10 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2544148028"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2544148028\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2544148028?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-20 15:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2544148028","market":"us","top_or_hot":-1,"title":"Strong Correction Unlikely for Spanish Banks -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0710 GMT - There aren't any significant sector-specific risks that would justify a strong correction for Spanish banks, Renta 4 says in a research note. Though, markets at record highs call for caution, it says. \"We believe corrections, if any, would be more responsive to the market environment in a context of high uncertainty (trade war, impact of tariffs, armed conflicts, escalating geopolitical tensions),\" analyst Nuria Alvarez writes. The domestic profile of the lenders provides them with support in this climate, she says. The sector's earnings have proven resilient despite interest-rate cuts, supporting capital distributions and a share rally since the start of the year. The next catalyst is the publication of second-quarter results, in which some could lift their guidance. Renta 4 lowers its rating on Santander and UniCaja to hold from overweight. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 20, 2025 03:10 ET (07:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strong Correction Unlikely for Spanish Banks -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrong Correction Unlikely for Spanish Banks -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-20 15:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0710 GMT - There aren't any significant sector-specific risks that would justify a strong correction for Spanish banks, Renta 4 says in a research note. Though, markets at record highs call for caution, it says. \"We believe corrections, if any, would be more responsive to the market environment in a context of high uncertainty (trade war, impact of tariffs, armed conflicts, escalating geopolitical tensions),\" analyst Nuria Alvarez writes. The domestic profile of the lenders provides them with support in this climate, she says. The sector's earnings have proven resilient despite interest-rate cuts, supporting capital distributions and a share rally since the start of the year. The next catalyst is the publication of second-quarter results, in which some could lift their guidance. Renta 4 lowers its rating on Santander and UniCaja to hold from overweight. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 20, 2025 03:10 ET (07:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4521","symbol_name":"英国银行股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544148028","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544148028","pubTimestamp":1750403400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0710 GMT - There aren't any significant sector-specific risks that would justify a strong correction for Spanish banks, Renta 4 says in a research note. Though, markets at record highs call for caution, it says. \"We believe corrections, if any, would be more responsive to the market environment in a context of high uncertainty ,\" analyst Nuria Alvarez writes. The domestic profile of the lenders provides them with support in this climate, she says. The sector's earnings have proven resilient despite interest-rate cuts, supporting capital distributions and a share rally since the start of the year. The next catalyst is the publication of second-quarter results, in which some could lift their guidance. Renta 4 lowers its rating on Santander and UniCaja to hold from overweight. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4521":"英国银行股","CAIXY":"Caixabank SA","BK4207":"综合性银行","SAN":"桑坦德银行","BBVA":"西班牙外换银行"},"translate_title":"西班牙银行不太可能出现强劲调整——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBVA":0.9,"SAN":0.9,"CAIXY":0.9},"content_text":"0710 GMT - There aren't any significant sector-specific risks that would justify a strong correction for Spanish banks, Renta 4 says in a research note. Though, markets at record highs call for caution, it says. \"We believe corrections, if any, would be more responsive to the market environment in a context of high uncertainty (trade war, impact of tariffs, armed conflicts, escalating geopolitical tensions),\" analyst Nuria Alvarez writes. The domestic profile of the lenders provides them with support in this climate, she says. The sector's earnings have proven resilient despite interest-rate cuts, supporting capital distributions and a share rally since the start of the year. The next catalyst is the publication of second-quarter results, in which some could lift their guidance. Renta 4 lowers its rating on Santander and UniCaja to hold from overweight. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 20, 2025 03:10 ET (07:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}