© Reuters. FILE PHOTO: CaixaBank’s logo is seen on top of the company’s headquarters in Barcelona, Spain January 29, 2022. REUTERS/Nacho Doce/File Photo
MADRID (Reuters) – Spain’s Caixabank said on Friday its net profit rose 76% in the fourth quarter from the same period in 2022 thanks to higher lending income and lower loan loss provisions.
The lender reported a net profit of 1.16 billion euros ($1.26 billion) in the October to December period, up from 695 million euros in the same period a year ago.
Analysts polled by Reuters expected a net profit of 1.21 billion euros.
($1 = 0.9198 euros)
