CaixaBank SA

Spain's Caixabank posted on Thursday a rise of 37% in third quarter net profit to 644 million euros ($719 million) as it benefited from lower one-off losses booked in the same quarter last year.

Shares in Spanish banks Caixabank <CABK.MC> and Banco Sabadell <SABE.MC> plummeted on Friday after both lenders cut their income forecasts for 2019 because interest rates were expected to be lower for longer than expected in the euro zone.

Spain's Caixabank posted on Friday a decline of 85% in second quarter net profit to 89 million euros ($99.2 million) due to one-off restructuring costs while lending income slightly rose thanks to lower funding costs.

Spain's Caixabank said on Wednesday it would incur a charge of up to 890 million euros ($997 million) to pay for a plan to lay off around 6 percent of its Spanish workforce.

Spain's Caixabank posted a 24 percent fall in first-quarter net profit on Tuesday on lower trading income and after it cut its stake in oil major Repsol.

Spain's Caixabank on Tuesday posted a 24 pct fall in first-quarter net profit on Tuesday on lower trading income and after an unfavourable comparison after it began selling its stake in oil major Repsol in the third quarter.

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Caixabank lagged its larger Spanish rival BBVA in the fourth quarter, reporting higher provisions and a sharp net profit fall which wiped more than seven percent off its shares.

Spain's Caixabank posted on Friday a 17.8 percent rise in 2018 net profit from a year earlier, boosted by higher net interest income.

Spain's third-largest bank Caixabank <CABK.MC> has proposed to unions the layoff of 2,157 workers, or around 7 percent of the total workforce in Spain, as part of its restructuring plan, a source at the bank said on Thursday.

Caixabank <CABK.MC> plans to cut almost a fifth of its branches in Spain over the next three years in a drive to boost profitability while pursuing its digital transformation.

Spain's Caixabank said on Tuesday it aimed to increase its return on tangible equity ratio (ROTE) to above 12 percent by 2021 from 9.4 percent at end-September 2018, buoyed by a shift towards a more profitable insurance lending business.

Spain's Caixabank on Friday posted a 27.6 percent fall in third-quarter net profit from a year earlier after it booked a 453 million euro ($515 million) one-off loss due to a stake sale in Spanish oil major Repsol.

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.

Spain's High Court will investigate Caixabank <CABK.MC> for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

Spain's High Court will investigate Caixabank for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

Spain's Caixabank <CABK.MC> on Thursday said it would sell its 9.4 percent stake in Spanish oil major Repsol <REP.MC> and book a loss of 450 million euros in the third quarter.

Spain's Caixabank on Thursday said it would sell its entire 9.4 percent stake in Spanish oil major Repsol and book a loss of 450 million euros in the third quarter.

Spain's Caixabank CABK.MC posted on Friday a 36 percent rise in second-quarter net profit from a year earlier thanks to lower loan-loss provisions and a recovery in lending income.