Spanish banks could lose -2.4% profits in 2019

An important research firm reduced its profits forecastof the Spanish banking in 2019 to  -2.4% According to Alphavalue, this firm believes that the seven largest Spanish banks by market capitalization will earn € 17.447 billion in 2019.

The figure is -2.4% below the analysts’ previous forecasts. The entity also down slightly -0.2%, its estimates of net profit for 2020.