CaixaBank posts record H1 profit of €3.2 billion, up 8.5%, driven by loan and fee growth

Profit and revenue growth

CaixaBank reported net profit of €3.203 billion for the first half of 2026, an 8.5% increase from the same period last year. Net interest income rose 2% to €5.390 billion, supported by higher lending volumes. Fee and commission income climbed 7.4% to €2.772 billion, with wealth management fees up 12.1% and protection insurance income up 14.5%. Gross income reached €8.338 billion, a 3.7% year-on-year rise. Second-quarter net profit stood at €1.631 billion, up 3.8% from the first quarter.

Net interest income5,390

Fee income2,772

Gross income8,338

Net interest income

5390 € million

Fee income

2772 € million

Gross income

8338 € million

Data from the article text

Commercial momentum

The bank's customer base in Spain and Portugal reached 20.9 million, after adding 1.1 million new clients in Spain over the past twelve months. Payroll accounts in Spain grew by 210,000 to 6.4 million. Total business volume expanded 7.8% to €1.2 trillion. The healthy loan portfolio rose 8.2% to €398.835 billion, with corporate lending up 10.6%, mortgages up 6.7%, and consumer credit up 11.5%. Customer funds increased 7.6% to €771.943 billion, while assets under management surged 14.9% to €216.741 billion. The digital neobank Imagin contributed 4.2 million clients and a business volume of around €24 billion.

Corporate10.6%

Mortgages6.7%

Consumer11.5%

Total healthy loans8.2%

Corporate

10.6 %

Mortgages

6.7 %

Consumer

11.5 %

Total healthy loans

8.2 %

Data from the article text

Capital and shareholder returns

CaixaBank maintained a CET1 capital ratio of 12.5% and a non-performing loan ratio below 1.8%. The bank confirmed its dividend policy of distributing 50–60% of net profit. An interim dividend of 30–40% of first-half profit, equivalent to between €961 million and €1.281 billion, will be paid in November 2026, with the exact amount to be set in October.

“We closed a half-year of strong commercial activity growth. We achieved a profit of 3.203 billion euros and maintain a profitability of 18%, figures that show we continue to execute our Strategic Plan with great success.”

Costs and efficiency

Administrative expenses and depreciation rose 4.5% to €3.320 billion, pushing the cost-to-income ratio to 39.6% from 38.6% a year earlier. The bank also booked a €304 million charge for the Spanish banking tax, up from €296 million in the prior year. Despite these headwinds, return on tangible equity (ROTE) held at 18%, in line with the bank's revised target.

“The results allow us to look to the future with confidence and continue fulfilling our main function: being at the side of clients, supporting families and businesses, and contributing to economic and social progress.”