CaixaBank earns 3,145 million in 2022, despite reducing results due to the merger with Bankia

CaixaBank earns 3,145 million in 2022, despite reducing results due to the merger with Bankia

This is almost 30% more than in 2021 and the increase is mainly due to the increase in margins in a scenario of rising rates. The merger with Bankia, however, has weighed down the results by 40%.

Euskaraz irakurri: CaixaBankek 3145 milioi irabazi ditu 2022an, Bankiarekin egindako bat-egitearen eragina gorabehera

CaixaBank has had a net profit of €3.145 billion in 2022, a 29.7% more than the previous year, reports the group this Friday in a statement.

The entity’s banking business —core revenues— has grown by 5.8%, mainly driven by a rise in interest rate spreads. Income and expenses from insurance contracts and bank commissions (1.7%) have also grown by 33%.

However, the entity directed by Jose Ignacio Goirigolzarri has seen its results diminished by the merger with Bankia: is down 39.8%.

The Board of Directors will propose to the Shareholders’ Meeting to pay a dividend of 0.2306 euros per share in April, which is 58% more than the previous year (0.1463) and represents 55% of net profit. This is the highest distribution paid among the large Spanish banks if the percentage of the result is taken into account.


Source: Eitb

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