2022-24 Strategic Plan Update
AT A GLANCE
2023 highlights
High-quality net income growth
Upgraded
targets
CaixaBank
NET INCOME - FY23
CORE REVENUES - FY23
€4.8 Bn
+54% yoy
o/w 4Q: €1.2 Bn +75% yoy
€15.1 Bn
+32% yoy
o/w 4Q: €4.0 Bn +25% yoy
国 Improved profitability and efficiency
% ROTE-FY23
15.6 %
+5.9 pp yoy
% C/I - FY23
40.9 %
-9.3 pp yoy
Balance sheet strength
Creating value for our shareholders
TBVPS-YE23
€4.20
FY23 % PAYOUT (3³) | DPS (3)
60% | €0.39
And NEW SBB in 1H24e (4)
FY24 % payout: 50-60% (5)
% NPL - YE23
2.7 %
% CET1 EX IFRS9 TA - YE23
12.4 %
~Stable ytd
3.8% MDA buffer (1)
+19% vs. YE22 PF(2)
FY24e %ROTE (6) >15% | 2022-24e capital distribution capacity: ~€12 Bn
(1) MDA buffer vs. 2024 SREP (3.9% vs. 2023 SREP). (2) yoy vs. YE22 TBVPS pro-forma excluding FY22 dividend. (3) Cash payout as agreed by the BoD to be presented for approval at the next AGM. (4) It is the
intention of CABK, subject to the appropriate regulatory approval, to implement a new SBB (3rd extraordinary distribution during the Strategic Plan period), expected to begin in 1H24 and aimed at bringing YE23
% CET1 closer to 12%. Additional details, including the maximum investment, will be disclosed once the regulatory authorisation is obtained. (5) Cash payout target in the dividend plan for 2024 approved by the
BoD in February 2024. To be paid in two cash payments: an interim in November 2024 (30-40% of 1H24 consolidated net profit) and a final dividend in April 2025, subject to final approval by the AGM. (6) FY24e 16
% ROE in line with FY23.View entire presentation