Kutxabank obtains a net profit of 330.5 million euros in 2022, almost 53% more

Kutxabank obtains a net profit of 330.5 million euros in 2022, almost 53% more

Kutxabank obtains a net profit of 330.5 million euros in 2022, almost 53% more

The results of the Kutxabank Group have been presented by the Chairman Anton Arriola and the CEO Javier García Lurueña. Arriola has positively assessed the entity’s ability to face the vicissitudes experienced in 2022.

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  • Euskaraz irakurri

Euskaraz irakurri: Kutxabankek 330.5 milioi euroko etekin garbia izan du 2022an, ia % 53 gehiago

The Kutxabank Group closed 2022 with a net profit of 330.5 million euroswhich means 52.7% more than in 2021, after making a tax contribution of more than 430 million euros, to which the payment of the new tax on banks has been added in 2023. This result is 21.6 million euros below that achieved in 2019, before the pandemic.

As reported by the Basque bank, its “rootedness and commitment with the economic and social improvement of the territory” have been completed with the 322.7 million euros that have been received by the shareholder banking foundations (BBK, Kutxa and Vital) charged to profits and reserves from previous years.

Kutxabank’s Board of Directors has also approved the proposal to allocate again a 60% dividend from 2022 resultsa total of 198.3 million euros.

Kutxabank’s results have been presented by the President Anton Arriola and CEO Javier García Lurueña, within the framework of the annual meeting of Group executives, which was held this morning at the Kursaal Conference Center in Donostia-San Sebastián. The meeting was also attended by the presidents of the shareholder banking foundations and the members of the Board of Directors of Kutxabank and Cajasur.

Arriola has positively valued the capacity of the entity when facing the vicissitudes experienced throughout 2022, a year in which the war between Russia and Ukraine has “totally changed the course of economic forecasts, conditioned by high inflation, which has put stress on families and companies, and has generated a notable slowdown in the economic growth”.

Source: Eitb

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