Spanish banks

Spanish banks profitability

It’s Not Draghi’s Fault If Spanish Banks’ Profitability Is Low

Confusing costs with revenues, or assets with liabilities, is lethal if you are analysing the situation of the banks. It now appears that, according to some so-called experts, the ECB and its low interest rate policy is to blame for the weakness and lack of profitability amongst Spanish banks.

Bankia's 4Q16 results

Spain’s Bankia beats forecasts

The Corner | July 27, 2015 | Spain’s bailed-out lender Bankia saw its first-half profit rose 11.5 percent from a year ago, as it reported on Monday. Net profit rose 10.3 per cent to €311m, versus a consensus of analysts’ expectations of €277.8m. Charges against bad debts fell and offset weaker revenue from lending. 

Question mark

Spanish banks: earnings rise amid uncertainties

MADRID | May 6, 2015 | By Francisco López | Spanish banks first quarter results have been very good in terms of earnings, but a closer look at their recurrent business is not so positive. The seven banks listed on the Ibex 35 index earned € 1,677 million in the first three months of the year, up 32% from a year earlier.