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Name | Symbol | Market | Type |
---|---|---|---|
Caixabank (PK) | USOTC:CAIXY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.005 | -0.28% | 1.75 | 1.71 | 1.79 | 1.758 | 1.72 | 1.745 | 35,700 | 19:41:33 |
By Nathan Allen
CaixaBank SA (CABK.MC) said Friday that its net profit rose in the fourth quarter but still missed analysts' expectations.
Net profit in the October-December period rose nearly 11% to 217 million euros ($249.1 million) from EUR196 million a year earlier, the Spanish lender said. However, analysts had forecast profit of EUR335 million, according to a consensus compiled by FactSet.
Net interest income--the difference between what banks earn on loans and what they pay clients for deposits--edged up to EUR1.24 billion from EUR1.20 billion a year earlier, CaixaBank said.
CaixaBank declared a dividend of EUR0.10 a share to be paid in April. This brings total shareholder remuneration for the year up to EUR0.17 a share, the bank said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
February 01, 2019 01:45 ET (06:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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