CaixaBank raises guidance after FY profit growth, record-low bad‑loan ratio

30th Jan 2026 10:03

(Sharecast News) - Spain's largest domestic bank CaixaBank said on Friday that net profits had risen in 2025, prompting the group to lift its full-year dividend and upgrade growth and profitability expectations.

CaixaBank posted a 1.8% rise in FY net profits to €5.89bn, delivering a 17.5% return on tangible equity and lifting its dividend 15% to €0.50 per share. It also cut its non‑performing loan ratio to a record low of 2.1%, down from 2.6% a year earlier, as its NPL balance fell by €1.61bn and coverage improved to 77%.

The Valencia-based bank also said it had exceeded first‑year targets of its 2025-27 strategic plan, prompting it to upgrade growth and profitability expectations, but stop short of supplying new guidance.

CaixaBank added 390,000 net customers in Spain during the year, taking its Iberian client base to 20.7m, while business volume rose 6.9% to €1.1trn, supported by a 7% increase in the performing loan book to €376.18bn.

Customer funds climbed 6.8% to €731.94bn, while assets under management jumped 10.9% to €202.86bn, helped by €15.95bn of net inflows into mutual funds, savings insurance products and pension plans.

Net interest income fell 3.9% to €10.67bn amid lower rates, though quarterly performance improved in the second half. Gross income rose 2.5% to €16.27bn, while operating costs increased 5% to €6.42bn.

"2025 has been a great year for CaixaBank, in which we have surpassed the targets we set at the beginning of the year, with stronger business growth and an even stronger financial position. As a consequence, we have raised the growth and profitability targets set in our Strategic Plan," chief executive Gonzalo Gortázar said in a statement.

As of 1005 GMT, Caixabank shares were up 3.64% at €10.83 each.

Reporting by Iain Gilbert at Sharecast.com