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 January 19, 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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