Caixabank Sa Unsp/Adr (CAIXY) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.597 Good morning, and welcome to Cashabank Results presentation for the second quarter and 00:00:04.597 -- 00:00:07.160 the first half of 2025. 00:00:07.160 -- 00:00:12.246 As usual, we are joined today by our CEO, Gonzalo Gortazar, and our CFO, Javier 00:00:12.246 -- 00:00:17.192 Pano. In terms of logistics, we plan to spend about 30 minutes with the presentation 00:00:17.192 -- 00:00:22.479 and 45 minutes to one hour with the Q&A, which, as you know, is live. 00:00:22.479 -- 00:00:26.384 And after the call, my team and I will be at your full disposal. 00:00:26.384 -- 00:00:29.663 So, without further ado, Gonzalo, the floor is yours. 00:00:29.663 -- 00:00:33.425 Thank you, Martha, and good morning, everybody. 00:00:34.848 -- 00:00:40.132 Second quarter of the year, we see strong performance, and obviously what we are doing 00:00:40.132 -- 00:00:44.576 as a consequence is improving guidance. I think the highlight is the volume growth. 00:00:44.576 -- 00:00:47.077 You've seen the numbers. 00:00:47.159 -- 00:00:52.643 We're gaining clients, performing lows 4.8% year-on-year, deposits 00:00:52.643 -- 00:00:54.345 7% 00:00:54.345 -- 00:00:59.212 up, wealth management, despite the volatility in the markets, up 8%. 00:00:59.212 -- 00:01:04.339 It's quite remarkable knowing where we're coming from and 00:01:04.339 -- 00:01:05.801 just 00:01:05.801 -- 00:01:10.167 reminding you the discussions we had at the time of presenting our plan in November about 00:01:10.167 -- 00:01:12.129 growth and whether it was feasible or not. 00:01:12.129 -- 00:01:17.337 What we're seeing is that growth is happening much faster and in a stronger form 00:01:17.337 -- 00:01:22.103 than we all expected, which is good news. And this is part 00:01:22.103 -- 00:01:27.1...