CaixaBank

  • Pillars of the 2025-2027 Strategic Plan

    The year 2025 marked the start of the 2025–2027 Strategic Plan. A Plan that focuses on business growth and transformation, while maintaining CaixaBank's commitment to society.

    As a result of the deployment and execution of this new Strategic Plan, CaixaBank aims to achieve the targets set for 2027.

  • Key financial and capital targets: 2025-27 ambition

    Sustainable profitability while investing in the business

    % RoTE

    • >16% 2027e

    • >15% 2025e-27e average

    % C/I

    • Low

      40s 2027e

    2025e-27e CAGR 

    • NII

      ~0%

    • Revenues from services

      Mid-single-digit growth

    • Costs

      ~4% Growth

    High distribution capacity

    • % CASH PAYOUT 2025e-27e including an interim dividend each year

      50-60%

    • Additional distribution excess capital 

      >12.5%

    While maintaining a strong capital position — %CET1 management target

    11.5-12.5%

    In 2025: 11.5-12.25% to reflect phase-in of the new CCyB in Spain

    Principales objetivos financieros y de capital: Objetivos 2025-27

    Profitable growth on prudent underwriting

    2025e-27e CAGR 

    • Business volume o/w

      >4%

    • Performing loans

      ~4%

    • Customer funds

      >4%

    % NPL

    • ~2% YE27e

    % CoR

    • <0.30% 2025e-27e
      annual average

  • Raising our 2025-27 ambition –on better volumes, macro, and rate outlook vs. initial expectations

    Sustainable profitability while investing in the business

    % RoTE

    • ~20% vs. >16% ID

    • >18% vs. >15% ID 25-27e avg.

    % C/I

    • Low

      40s 2027e

    2025-27e CAGR

    • NII

      ↑ ~4% vs. ~0% ID 2027e(1): ~12.5 Bn

    • Rev. from services

      ↑ MSD reiterated vs. ID

    • Costs

      ↑ ~4% reiterated vs. ID

    High distribution capacity

    Capital and distribution targets reiterated

    • % CASHPAYOUT(2)

      50-60%

    • Umbral para distribuciones adicionales(3) 2026-27(4)

      12.5% % CET1

    11.5-12.5%

    % CET1 MANAGEMENT TARGET
    FROM 1-JAN 26(5)

    Principales objetivos financieros y de capital: Objetivos 2025-27

    Sustainable profitability while investing in the business

     2025e-27e CAGR

    • Business volume o/w

      ~6% vs. >4% ID

    • Performing loans

      ~6% vs. ~4% ID

    • Customer funds

      ~6% vs. >4% ID

    YE27e

    % NPL

    • <1.75% vs. ~2% ID

    2025-27e annual avg.

    % CoR

    • <0.25% vs. <0,30% ID

    (1) vs. > 11 Bn en ID. (2) Includind an interim dividen each year. (3) Subject to ECB and BoD approval. (4) 12.25% in FY25. (5) 11.5%-12.25% in FY25.