CaixaBank Guides for Softer Profitability as Rates Boost Fades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
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Source: WSJ
Profitability Forecast: CaixaBank anticipates a decline in profitability over the next three years due to lower interest rates impacting its income, despite growth from service revenues.
Revenue Growth Expectations: The bank projects low-single-digit revenue growth annually from 2025 to 2027 as part of its medium-term growth strategy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
