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Caixabank SA (CABK.MC)

CABK.MC on Madrid SE C.A.T.S.

2.78EUR
25 Mar 2019
Change (% chg)

€-0.02 (-0.75%)
Prev Close
€2.80
Open
€2.80
Day's High
€2.83
Day's Low
€2.77
Volume
16,919,597
Avg. Vol
14,328,528
52-wk High
€4.33
52-wk Low
€2.77

Latest Key Developments (Source: Significant Developments)

Banco BPI FY Consolidated Net Profit At 491 Mln Euros
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Banco BPI SA::CONSOLIDATED FY NET PROFIT OF 491 MILLION EUROS.FY NET PROFIT FROM BANKING ACTIVITY IN PORTUGAL GROWS BY 28.5 PERCENT, TO 218 MILLION EUROS YEAR ON YEAR.FY NET INTEREST INCOME RISES BY 8.8 PERCENT, TO 422.6 MILLION EUROS YEAR ON YEAR.CET 1 FULLY LOADED CAPITAL RATIO OF 13.2 PERCENT AT END-DECEMBER, UP 0.9 PERCENTAGE POINT VERSUS END-DECEMBER 2017.NPE RATIO OF 3.5 PERCENT AT END-DECEMBER.LOOKS TO REACH AN ANNUAL GROWTH RATE OF 7 PERCENT IN CORE REVENUES UP TO 2021 WHILE SIMULTANEOUSLY KEEPING RECURRENT COSTS FLAT.AIMS TO CONSOLIDATE NPL RATIO BELOW 3 PERCENT BY 2021.ESTIMATES WILL ACHIEVE A SUSTAINABLE ROTE IN PORTUGAL OF AROUND 11 PERCENT BY 2021.  Full Article

Caixabank Sees FY 2019 Recurrent Expenses To Grow Around 5 Pct YoY
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Caixabank SA ::SEES FY 2019 RECURRENT EXPENSES TO GROW AT ABOUT 5 PERCENT YOY.SAYS MOST COST SAVINGS ARE EXPECTED FROM 2020.SEES FY 2019 NII TO GROW AROUND 2 PERCENT YOY.SEES FY 2019 NPL RATIO BELOW 4 PERCENT.SEES FY 2019 FEES AND CORE REVENUES TO GROW AROUND 3 PERCENT YOY.  Full Article

Spain's Caixabank proposes laying off 2,157 workers - bank sources
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Sources at Caixabank SA ::Say has proposed to unions the lay off of 2,157 workers.  Full Article

Caixabank Closes Sale Of 80 Pct Of Its Real Estate Business To Lone Star
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Caixabank SA ::SAYS CLOSES SALE OF 80 PERCENT OF ITS REAL ESTATE BUSINESS TO UNIT OF LONE STAR FUND X AND LONE STAR REAL ESTATE FUND.INITIAL PRICE FOR 80 PERCENT OF CORAL HOMES IS 3.97 BILLION EUROS, VALUING 100 PERCENT AT 4.97 BILLION EUROS.P&L IMPACT OF THE TRANSACTION IS ESTIMATED TO BE AROUND -40 MILLION EUROS NET OF TAXES.IMPACT ON THE CET1 FULLY LOADED CAPITAL RATIO IS ESTIMATED TO BE +15 BASIS POINTS.  Full Article

Caixabank comfortable with Telefonica, Erste Bank stakes - Chairman
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Chairman Of Spain's Caixabank Jordi Gual::Says is comfortable with current stake in Telefonica <<>> and Erste Bank.  Full Article

Caixabank does not see similar branch cuts in Portugal as in Spain - CEO
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - CEO Of Spain's Caixabank Gonzalo Gortazar::Says does not foresee similar cuts in number of branches in Portugal as announced for Spain.Says the lender plans to invest around 800 million euros ($906 million) annually as part of its technological transformation plan.  Full Article

Caixabank Says Amends Integration Agreement Between Caixabank And Banca Cívica
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Caixabank SA ::AMENDS INTEGRATION AGREEMENT BETWEEN CAIXABANK AND BANCA CÍVICA.NEW TERMS ELIMINATE PREFERENTIAL RIGHT TO ACQUIRE SHARES IN CAIXABANK INITIALLY AGREED BETWEEN BANCA CÍVICA AND LA CAIXA.AMENDS TO SAY THAT FUNDACION CAJASOL NO LONGER FORMS PART OF INTEGRATION AGREEMENT BETWEEN CAIXABANK AND BANCA CÍVICA.  Full Article

Caixabank To Pay Dividend Of 0.07 Euros Gross Per Share
Thursday, 25 Oct 2018 

Oct 26 (Reuters) - Caixabank SA ::SAID ON THURSDAY THE BOARD APPROVED INTERIM DIVIDEND OF 0.07 EUROS GROSS PER SHARE.PAYMENT DATE IS SET TO NOV. 5.  Full Article

Banco BPI 9-Month Net Profit At 529 Million Euros
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Banco Bpi Sa ::9-MONTH CONSOLIDATED NET PROFIT OF 529.1 MILLION EUROS.9-MONTH FINANCIAL MARGIN 315.2 MILLION EUROS.CET 1 RATIO FULLY-LOADED 13.1 PERCENT AT END-SEPTEMBER.9-MONTH RECURRING NET PROFIT IN PORTUGAL OF 164.2 MILLION EUROS, UP 20 PERCENT YOY.  Full Article

Portugal's Market Regulator Requests Auditor To Define Banco BPI's Delisting Price
Friday, 24 Aug 2018 

Aug 24 (Reuters) - CMVM - COMISSÃO DO MERCADO DE VALORES MOBILIÁRIOS::SAID ON THURSDAY WILL REQUEST APPOINTMENT OF AUDITOR TO ESTABLISH MINIMUM PRICE TO BE OFFERED TO SHAREHOLDERS OF BANCO BPI UPON LOSS OF PUBLIC COMPANY STATUS.  Full Article

UPDATE 3-Spain's Caixabank lags BBVA in fourth quarter, knocking shares

MADRID, Feb 1 Caixabank lagged its larger Spanish rival BBVA in the fourth quarter, reporting higher provisions and a sharp net profit fall which wiped more than seven percent off its shares.