CaixaBank, S.A. (CAIXY) Stock

About CaixaBank, S.A.

CaixaBank, S.A., together with its subsidiaries, provides various banking products and services for individuals and businesses in Spain, Portugal, and internationally. It operates through four segments: Retail Banking, Business Banking, Private Banking, and CIB segments. The company offers retail, private, business, institutional, corporate and investment, premier, InTouch, and international banking; payment methods; savings and investment products; financing; life, life-risk, and non-life insurance; traditional financial and independent advice, and broker services; ATMs; pension fund management; asset and wealth management; securitisation fund management; consumer finance; IT services; and back-office administration services. It also engages in the management of collective investment institutions; holding of property assets; venture capital company; promotion of business and entrepreneurial initiatives; development of digital projects; vehicle and equipment leasing; project management, maintenance, logistics, and procurement; marketing of products and cashless platforms; mortgage loan management; digital business; hotels; private security of goods and people; shopping center real estate; administration, management, development, and operation of real estate; and reinsurance activities. The company was formerly known as Criteria CaixaCorp, S.A. and changed its name to CaixaBank, S.A. in July 2011. CaixaBank, S.A. was founded in 1904 and is based in Valencia, Spain.

CaixaBank, S.A. is headquartered in ES.

CaixaBank, S.A. (CAIXY) stock trades at $4.95 with a market capitalization of $103.40B. The stock is valued at a price-to-earnings (P/E) ratio of 15.21, price-to-book of 2.47, price-to-sales of 4.65. Over the past 52 weeks the stock has ranged between $2.93 and $4.96, and currently trades at or near its 52-week high. It pays a dividend yielding 5.25%.

On profitability, CaixaBank, S.A. generates a return on equity (ROE) of 15.83%, above the typical market range of roughly 12-15%, return on capital employed of 4.19%, an operating margin of 44.10%, a net profit margin of 30.64%.

In its most recent fiscal year, CaixaBank, S.A. reported annual revenue of $24.1B, net profit of $5.9B. Over the last 5 fiscal years, revenue grew at an average annual rate of 17.0%, and net profit grew at an average annual rate of 33.7%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 1.37, a current ratio of 0.10, total assets of $663.8B, $45.8B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

CAIXY has an average daily trading volume of 289,762 shares, a beta of 0.11 (historically less volatile than the overall market).

Official website: www.caixabank.com