The bank, which raises its solvency goal to 12%, plans to generate 9,000 million of capital until 2024. It includes dividends with a pay-out of more than 50% and the launch of a share repurchase of 1,800 million. It aspires to increase its profitability to 12% in a scenario of rate hikes and to improve efficiency by 10 points, up to 48%. It has reacted with a rise of 5.17% on the stock market.
The president of CaixaBank, José Ignacio Goirigolzarri, has assured that the bank will perform better on the Stock Market than other entities in the coming years, during the horizon of the new strategic plan until 2024 presented this Tuesday.Goirigol
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