Caixabank's Q3 net profit rises 70% on higher lending income

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MADRID, Oct 27 (Reuters) - Spain's Caixabank (CABK.MC) said on Friday its net profit rose 70% in the third quarter from the same period in 2022 as higher interest rates boosted lending income despite a decline of its loan portfolio...

Analysts polled by Reuters expected a net profit of 1.38 billion euros...

Against that background, Caixabank's net interest income, earnings on loans minus deposit costs, rose 71% year-on-year in the quarter to 2.74 billion euros, above the 2.53 billion euros analysts expected...

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