CaixaBank SA (OTCPK:CIXPF)
$ 6.4 0.7 (12.28%) Market Cap: 45.17 Bil Enterprise Value: 40.02 Bil PE Ratio: 8.10 PB Ratio: 1.14 GF Score: 58/100

Q2 2019 Caixabank SA Earnings Call Transcript

Jul 26, 2019 / 09:30AM GMT
Release Date Price: $2.74
Edward O;Loghlen
CaixaBank, S.A. - Director of IR

' -

Good morning, and welcome to CaixaBank's Second Quarter of 2019 Financial Results. With us today is the usual management team of Mr. Gonzalo Gortázar, the CEO; and Javier Pano, the CFO. We plan to spend around 30 minutes of presentation followed by a live Q&A of an estimated 45 minutes. (Operator Instructions)

Without further ado, let me hand it over to our CEO, Gonzalo Gortázar.

Gonzalo GortÃ;zar Rotaeche
CaixaBank, S.A. - CEO & Executive Director

¡ -

Thank you, Eddie. Good morning to you all. I'll get directly into the summary of the quarter. Obviously, results are down due to the restructuring agreement, but I think it's important. And there's weakness in core revenues. We've changed our guidance. You've seen all of that. I think it's important to keep in mind that our business is associated with clients and that these 2 quarters -- and this particular quarter has been extremely successful in our activity with clients.

Performing loans are up 2.3%

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot