Forward rates seen lifting Spanish banks’ 2027–2028 earnings
Citi analysts say forward interest rates imply further earnings increases for Spanish banks, citing a forward curve with 2%–3% average upside to net profit consensus for 2027 and 2028, with greater increases for CaixaBank and Bankinter.
Forward interest rates currently suggest further earnings increases for Spanish banks, Citi analysts say.
The latest forward curve implies between 2% and 3% average upside to Visible Alpha's net profit consensus forecasts for 2027 and 2028, with greater increases for CaixaBank and Bankinter.
Valuat…