October 26, 2018 / 5:11 AM / 18 days ago

Spain's Caixabank Q3 net profit down 27.6 pct due to Repsol sale

MADRID, Oct 26 (Reuters) - Spain’s Caixabank posted on Friday a 27.6 percent fall in third-quarter net profit from a year earlier after one-off losses due to its announced 9.4 percent stake sale in Spanish oil major Repsol.

Caixabank, Spain’s third largest bank, reported net profit of 470 million euros in the period July to September.

Reporting By Jesús Aguado; editing by Sonya Dowsett

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