Analysts

To the best of our knowledge, the following brokerage houses provide equity coverage on CaixaBank on a regular basis.

Institution Analyst
Alantra Francisco Riquel
AlphaValue David Grinsztajn
Autonomous Britta Schmidt
Banco Sabadell Esther Castro
Bankinter Rafael Alonso
Berenberg Michael Christodoulou
Bestinver Fernando Gil de Santivañes
Carraighill Seamus Murphy
Citigroup Borja Ramírez
Credit Suisse Pamela Zuluaga
Deutsche Bank Alfredo Alonso
Exane BNP Ignacio Ulargui
GVC Gaesco Beka Marisa Mazo
HSBC Domenico Santoro
JB Capital Markets Maksym Mishyn
Jefferies Benjie Creelan-Sandford
JP Morgan Sofie Peterzens
KBW Daragh Quinn
Kepler Jacques-Henry Gaulard
Mediobanca Andrea Filtri
Morgan Stanley Álvaro Serrano
Norbolsa Ane Roa
Oddo BHF Steven Gould
Redburn Gonzalo López
Renta 4 Nuria Álvarez
Santander Ignacio Méndez / Patrick Lee
Société Générale Carlos Cobo
UBS Ignacio Cerezo

The information below details the institutions that have published a report with a target price and recommendation for CaixaBank in the last 6 months.

Institution Date Recommendation  Target price
Banco Sabadell 25/01/2023 Comprar € 4.70
Credit Suisse 23/01/2023 Neutral € 4.10
Oddo BHF 20/01/2023 Hold € 4.40
Jefferies 20/01/2023 Hold € 4.20
Mediobanca 19/01/2023 Underperform € 3.30
Deutsche Bank 18/01/2023 Hold € 3.70
Kepler Cheuvreux 18/01/2023 Hold € 3.48
UBS 18/01/2023 Buy € 4.50
KBW 17/01/2023 Market Perform € 4.36
Alantra 16/01/2023 Strong buy € 4.70
Renta 4 16/01/2023 Sobreponderar € 4.45
Bestinver Securities 13/01/2023 Hold € 4.10
AlphaValue 12/01/2023 Reduce € 4.17
Autonomous 12/01/2023 Outperform € 4.64
JB Capital Markets 11/01/2023 Neutral € 4.40
Exane BNP 10/01/2023 Outperform € 5.20
Société Générale 09/01/2023 Buy € 4.10
Santander 09/01/2023 Outperform € 4.28
Morgan Stanley 05/01/2023 Overweight € 5.00
Norbolsa 22/12/2022 Comprar € 4.20
GVC Gaesco Beka 02/12/2022 Acumular € 3.80
Citigroup 02/12/2022 Buy € 4.00
JP Morgan 02/12/2022 Neutral € 3.90
Berenberg 01/12/2022 Buy € 4.25
Redburn 09/11/2022 Buy NO TP
HSBC 01/11/2022 Hold € 3.60
Bankinter 28/10/2022 Comprar € 3.70


Average target price (A.T.P.) and percentage of recommendation (buy, sell or hold) considering reports published within the last 3 months / 6 months.

A.T.P. % Buy % Neutral % Sell
3 months € 4.20 56% 37% 7%
6 months € 4.20 56% 37% 7%


Figures as of 26th January 2023

Disclaimer: All opinions, estimates, forecasts, data, and recommendations regarding the performance of CaixaBank made by analysts in the reports listed herein are theirs alone. Neither CaixaBank nor its managers have verified or tested the content of these reports.

The inclusion of these reports on CaixaBank corporate website does not imply the endorsement by the company or its constituent administrators of the content, conclusions or recommendations contained therein. The list of research reports included in this section no way represents a complete or updated collection and its publication and should not be interpreted as a request or recommendation to buy, sell or hold CaixaBank securities.

CaixaBank Group consensus estimates for 4Q22e

 

In €M 4Q22e
Net interest income 1,888
Net fees and commissions 1,014
Income and exp. from insurance 218
Gross income 2,776
Recurring operating expenses -1,502
Pre-impairment income 1,265
Loan loss provisions -369
Net profit attributable to the Group 632


Figures as of 18th January 2023
Averages based on a minimum of 20 analysts' estimates



CaixaBank Group consensus estimates for 2022-24e

 

In €M 2022e 2023e 2024e
Net interest income 6,731 8,411 8,635
Net fees and commissions 4,013 4,077 4,185
Income and exp. from insurance 849 930 1,011
Gross income 11,423 12,632

13,228

Recurring operating expenses -6,021 -6,258 -6,532
Pre-impairment income 5,365 6,367 6,696
Loan loss provisions -917 -1,495 -1,486
Net profit attributable to the Group 3,090 3,246 3,469


Figures as of 18th January 2023
Averages based on a minimum of 18 analysts' estimates

1. Consensus based on the compilation of estimates provided by analysts covering CaixaBank’s shares. Contributions from different sets of analysts may lead to estimates that differ from consensus figures published by other financial information providers.


2. Consensus estimates will be published provided the number of analysts contributing to its calculation is higher than 50% of the total number of analysts covering CaixaBank’s shares.


3. CaixaBank makes no warranty, express or implied, as to the accuracy or completeness of the referred information. The achievement of these estimates is in no way warranted by CaixaBank.


4. These estimates, which are not subject to the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), are provided as a courtesy and for possible convenience and informational purposes only. They are not intended to imply any endorsement or provide any investment advice.


5. CaixaBank shall have no liability whatsoever (in negligence or otherwise) for any damage or loss howsoever arising from any use of this information.


6. Please note that all estimates correspond to CaixaBank Group.