Report

CaixaBank : Solid Q3 2018 results & new strategy plan in line of sight!

>Solid operating results and reassuring message - CaixaBank on Friday reported a better-than-expected set of Q3 2018 figures with net profit of € 470m (vs consensus € 215m).The positive surprise stemmed mainly from the fact that the quarter was marked by the release on provisions on a major credit exposure (€ 275m resulting in a positive impact of € 198m whereas the consensus forecast provisions of € 137m) while revenues and costs were close to estimates at € 2.2...
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.

Other Reports on these Companies
Other Reports from Oddo BHF
Martial Descoutures ... (+2)
  • Martial Descoutures
  • Oliver Metzger
Christophe Chaput ... (+2)
  • Christophe Chaput
  • Johanna Jourdain
Martial Descoutures ... (+2)
  • Martial Descoutures
  • Oliver Metzger

ResearchPool Subscriptions

Get the most out of your insights

Get in touch