Caja Ingenieros earns 26.5 million euros in 2025, an 11% increase

Caixa Ingenieros earned €26.5 million in 2025, an 11% increase, achieving record results for the third consecutive year. However, the global context of uncertainty has also affected the bank's accounts: "Interest rates have been falling, and that has affected us. We are a bank, and therefore we are not immune to what is happening in the market. Our scenario for 2026 is for interest rates to remain at the closing rate, which we have offset with expenses," stated the bank's CEO, Juanjo Llopis, during the results presentation this Tuesday. These results were the first of a full year with Llopis as CEO, who took over from Joan Cavallé at the beginning of the year. "We have achieved a new record result for the bank, which makes us very proud and allows us to face the future with strength and confidence," Llopis explained. Business volume rose to €9.269 billion, an 8% year-on-year increase; net interest income fell 2.8% to €74.1 million in a context of declining interest rates; and gross income declined 0.66% to €122.4 million, according to the results published Tuesday by the cooperative group. The year ended with 220,080 members, a 1.7% increase, representing an additional 4,000 members in absolute terms. "We are a community-focused bank, and that's what drives our membership growth. We've gone from having 31 company-owned branches to just two shared ones," the group explained. Of the 33 branches, 10 are in Barcelona, ​​12 in the rest of Catalonia, and 11 in the rest of Spain. Credit investment increased by 5.1% to €2.079 billion, with the majority going to personal loans (€1.482 billion, up 2.5%). Business lending rose by 12.4% to €597 million. New loan originations increased by 10% to €626 million. Llopis explained that they encountered a "particularly competitive" market in this sector, in a year in which banks increased mortgage lending. Forecasts for 2026

"Looking ahead to 2026, uncertainties persist, and we are in a period of high volatility, mainly due to geopolitical tensions, wars, tariffs, the focus on taxation, and sovereign debt markets; but everything will depend on how long the conflict with Iran lasts," he noted. In fact, the CEO has anticipated a possible interest rate hike should the conflict in the Middle East drag on. This will be the year that culminates the group's current strategic plan, the so-called 'Transform 2026 Plan'. The credit union expects to close the year with around 230,000 members and a business volume of approximately €10 billion. The institution also forecasts that profitability (ROE) will fall to 9.35% and the non-performing loan ratio to 2.4%.

Llopis has stated that the conflict in Iran will shape the year's performance. "If this goes on for not just weeks, but months, interest rates and inflation could increase... and that could affect the economy," he warned. The executive opined that it will be necessary to pay "close attention" to this week's meetings of the Fed and the European Central Bank.

Furthermore, the president of the institution, Fèlix Masjuan, has renewed his term at the helm of Caixa Ingenieros for another four years. In Masjuan's words, the results presented this Tuesday "reflect the strength and solvency" of the institution.