Caixabank Sa Unsp/Adr (CAIXY) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Caixabank Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.456 Good morning and welcome to Casablanca Results presentation for the second quarter and 00:00:04.456 -- 00:00:06.998 the first half of 2025. 00:00:06.998 -- 00:00:12.084 As usual, we are joined today by our CEO, Gonzalo Gortazar, and our CFO, Javier 00:00:12.084 -- 00:00:17.049 Pano. In terms of logistics, we plan to spend about 30 minutes with the presentation 00:00:17.049 -- 00:00:22.334 and 45 minutes to one hour with the Q&A, which, as you know, is live. 00:00:22.334 -- 00:00:26.238 And after the call, my team and I will be at your full disposal. 00:00:26.238 -- 00:00:29.545 So without further ado, Gonzalo, the floor is yours. 00:00:29.545 -- 00:00:33.267 Thank you, Martha, and good morning, everybody. 00:00:34.690 -- 00:00:39.976 Second quarter of the year, we see strong performance, and obviously what we are doing 00:00:39.976 -- 00:00:44.421 as a consequence is improving guidance. I think the highlight is the volume growth. 00:00:44.421 -- 00:00:46.921 You've seen the numbers. 00:00:47.004 -- 00:00:52.449 We're gaining clients, performing loans 4.8% year-on-year, deposits 00:00:52.449 -- 00:00:54.191 7% 00:00:54.191 -- 00:00:59.093 up, wealth management, despite the volatility in the markets, up 8%. 00:00:59.093 -- 00:01:04.181 It's quite remarkable knowing where we're coming from and 00:01:04.181 -- 00:01:05.643 just 00:01:05.643 -- 00:01:10.009 reminding you the discussions we had at the time of presenting our plan in November about 00:01:10.009 -- 00:01:11.972 growth and whether it was feasible or not. 00:01:11.972 -- 00:01:17.180 What we're seeing is that growth is happening much faster and in a stronger form 00:01:17.180 -- 00:01:22.207 than we all expected, which is good news. And this is part 00:01:22.207 -- 00:01:27.2...