Investing.com - Caixabank reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Caixabank announced earnings per share of €0.05 on revenue of €2.56B. Analysts polled by Investing.com anticipated EPS of €0.0767 on revenue of €2.42B.
Caixabank shares are up 19% from the beginning of the year and are trading at €2.880 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 1.19% from the start of the year.
Caixabank follows other major Financial sector earnings this month
Caixabank's report follows an earnings matched by Bankinter on Wednesday, January 19, 2022, who reported EPS of €0.09 on revenue of €432.4M, compared to forecasts EPS of €0.09 on revenue of €422M.
Banco de Sabadell had beat expectations on Thursday with fourth quarter EPS of €0.03 on revenue of €1.26B, compared to forecast for EPS of €0.0046 on revenue of €1.08B.
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