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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.003 | 0.17% | 1.758 | 1.71 | 1.79 | 1.758 | 1.72 | 1.745 | 29,571 | 18:15:27 |
From May 2019 to May 2024
By Pietro Lombardi
Shares in CaixaBank SA (CABK.MC) fell in early trade Friday after the bank's fourth-quarter results missed analysts' expectations.
Net profit for the period rose almost 11% on year to 217 million euros ($249.1 million), undershooting analysts' expectations of a EUR335 million net profit, according to a consensus forecast provided by the bank.
Caixa shares traded 5.4% lower at 0817 GMT.
"All in, this was a weak set of results," Goldman Sachs said
Net interest income--the difference between what lenders earn from loans and pay for deposits, and a key profit driver for retail banks--was EUR1.24 billion, up from the EUR1.20 billion it reported in the same period last year.
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.
Nathan Allen contributed to this story.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
February 01, 2019 03:49 ET (08:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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