Investing.com - Caixabank reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Caixabank announced earnings per share of €0.09 on revenue of €3.46B. Analysts polled by Investing.com anticipated EPS of €0.0702 on revenue of €2.72B.
Caixabank shares are up 28% from the beginning of the year and are trading at €3.090 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 1.49% from the start of the year.
Caixabank follows other major Financial sector earnings this month
Caixabank's report follows an earnings beat by Santander on Tuesday, who reported EPS of €0.141 on revenue of €12.31B, compared to forecasts EPS of €0.125 on revenue of €12.1B.
BBVA had beat expectations on Friday with first quarter EPS of €0.24 on revenue of €5.94B, compared to forecast for EPS of €0.17 on revenue of €5.34B.
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