Unicaja reports net income beat in Q3, upgrades 2025 guidance By Investing.com
Update: 2025-10-31
Description
Unicaja Banco exceeded analysts' expectations with a 10% increase in net income, driven by lower loan losses and solid interest income. The bank's profits before taxes and total revenues also surpassed estimates, while operating costs met expectations. Despite a narrowing spread between loan and deposit rates, Unicaja managed to keep deposit costs in check and reduce its investment portfolio size. The bank recorded fewer loan losses than expected, maintaining a low cost of risk and a solid capital position. With these strong results, Unicaja has upgraded its outlook for 2025, aiming for higher net interest income, lower cost of risk, and improved return on tangible equity.
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