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CaixaBank Reports Strong 2024 Results, Achieving Strategic Goals

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CaixaBank Reports Strong 2024 Results, Achieving Strategic Goals

The latest announcement is out from CAIXABANK ( (ES:CABK) ).

In 2024, CaixaBank achieved a net profit of 5.787 billion euros, marking a 20.2% increase from the previous year and successfully completing its Strategic Plan 2022-2024. The company exceeded its financial and qualitative goals, demonstrating growth in commercial activities, improved service quality, and efficient risk management. With the proposal of a significant cash dividend and an additional share buyback program, the bank continues to show robust liquidity and capital generation, with a focus on maintaining shareholder value and sustaining profitability. The new Strategic Plan 2025-2027 aims to build on this success by focusing on growth, transformation, and sustainability.

More about CAIXABANK

CaixaBank is a leading financial group in Spain and Portugal, serving over 20.3 million clients through a network of more than 4,100 offices. It provides a range of banking services and products, focusing on financial inclusion and supporting the economy and society. The group holds assets exceeding 630 billion euros.

YTD Price Performance: 9.01%

Average Trading Volume: 1,775,168

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €41.17B

For detailed information about CABK stock, go to TipRanks’ Stock Analysis page.

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