0949 GMT - CaixaBank's latest results show decent earnings but are perhaps unexciting, Keefe, Bruyette & Woods's analysts Hugo Cruz and Ben Maher say. The Spanish bank's 2025 guidance was broadly in line and revenue beat the company consensus by over 2%, they note. The bank posted a 2% year-on-year increase in loans and a 2% rise in deposits, they add. CaixaBank will continue to trade solidly because of its leading market position in Spain, where the macroeconomic outlook is attractive and loan growth is accelerating, they write in a research note. Shares are down 0.95% at 5.86 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
January 30, 2025 04:49 ET (09:49 GMT)
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