Report
Benoit Valleaux ...
  • Steven Gould

CaixaBank : Opérationnel encore mitigé au T3 mais perspectives MT toujours favorables

>Opinion Surperformance maintenue – OC porté à 3.4 € (vs 3.3 €) - La publication du T3 2021 ressort meilleure qu’attendu sur le RN publié (620 M€ incl. impact M&A vs cons 570 M€), mais encore avec une copie mitigée sur l’opérationnel underlying (déception sur les revenus vs bonne surprise sur le CdR). Le relèvement de la guidance de CdR, couplé au maintien de la solidité bilancielle (qualité d’actifs, capital…) est hélas occulté par la pression persistante sur les rev...
Underlying
CaixaBank SA

Caixabank is an investment company based in Spain. Co. is involved in investment portfolio management activities across two areas: Services and Financial Business and Insurance. In the services area, Co. provides investment solutions for companies involved in the infrastructure, energy, services and entertainment sectors. In the financial business and insurance area, Co. is engaged in the investments for international banks, insurance and specialist financial services. Co. focuses most of its banking investments in India, China, the U.S., and Central and Eastern Europe with a particular interest in retail banking. Co. is also involved in the disinvestments activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Steven Gould

ResearchPool Subscriptions

Get the most out of your insights

Get in touch