0725 GMT - CaixaBank reported third-quarter results with earnings ahead of expectations on better revenue and loan-growth acceleration, Keefe, Bruyette & Woods say in a note after the Spanish lender's update. "We think this is a decent set of results but it doesn't change the equity story," analysts Hugo Cruz and Ben Maher write. The group announced a 500 million-euro share buyback in line with expectations, which will start once the current one completes, and improved its guidance to a level already penciled in by consensus. CaixaBank's CET 1 ratio--a measure of capital strength--was slightly below expectations at 12.44%, partly reflecting the buyback and higher risk-weighed assets. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 31, 2025 03:26 ET (07:26 GMT)
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