Unicaja Banco SA (UNJCF)
OTHER OTC:UNJCF
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Earnings Data
Report Date
Jul 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.08Last Year’s EPS
0.08Same Quarter Last Year
Moderate Sell
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed broadly positive momentum: commercial growth, strong mutual fund and digital sales, improving asset quality, robust capital/liquidity metrics, and modest YoY profit growth. Management acknowledged cost pressures (wage inflation, hiring, customer acquisition costs), short‑term NII drag due to day‑count/volume effects and repo balances, and higher uncertainty from geopolitical risks, but reaffirmed guidance and signaled cautious optimism supported by conservative provisioning and plans to increase shareholder remuneration.Company Guidance
Accelerating Business Volumes and Customer Funds
Business volumes accelerated to over 3% year‑on‑year. Total customer funds rose 3.9% YoY (on‑balance sheet +1.6%, +2.4% ex‑public sector) and off‑balance sheet funds increased 10.6% YoY.
Strong Mutual Funds and AUM Momentum
Mutual funds grew ~16–17% YoY (AUM up 11% YoY overall); mutual fund balances rose from EUR 14bn to nearly EUR 17bn over 12 months. Net inflows reached EUR 468m (9% market share). Fees from mutual funds increased 19% YoY and mutual funds/insurance now represent 19% of total revenues.
Loan Book Growth and New Production
Total performing loans increased 2.4% YoY and 0.8% QoQ. Private sector loans +1% QoQ; corporate loans +3% QoQ. New lending to private sector rose 10% YoY to EUR 2.5bn, with consumer lending and SME/mortgage improvements highlighted.
Digital Sales and Customer Acquisition Progress
Digital share: 65% of consumer loans granted digitally (vs 49% prior year); digital consumer loans EUR 160m (+82% YoY). Digital weight in mutual fund sales rose from 25% to 36% (EUR 230m, ~50% YoY). Over 1 million clients using Bizum; salary account acquisitions doubled, adding >12,000 new salary accounts this quarter.
Profitability Maintained with Modest YoY Improvement
Net income for the quarter EUR 161m, +1.4% YoY. Revenues EUR 520m, +1% YoY. Net interest income +1.3% YoY; fees +3% YoY. Profit before tax EUR 232m.
Exceptional Asset Quality and Low Cost of Risk
Net NPA ratio 0.7%. NPL ratio 2%, down 20% YoY with coverage up to 80% (from 70% a year ago). NPAs down 26% YoY with coverage ~79%. Cost of risk fell to 20 bps (one of the lowest since merger) and provisions this quarter EUR 43m, -19% YoY.
Solid Capital, Liquidity and Balance Sheet Metrics
CET1 ratio stable at 16% in March 2026 while allocating capital to dividends and lending growth. MREL nearly 27% with an MDA buffer >680 bps. Liquidity strong: NSFR 159% and LCR 292%. Loan‑to‑deposit ratio 69%.
Shareholder Remuneration and Tangible Book Value
Paid EUR 443m in 2025 dividends (70% payout, 9% yield). Plan to increase shareholder remuneration up to 95% of net income for 2026. Tangible book value per share adjusted for dividends up 9% YoY.
Guidance Reaffirmed with Upside Potential
Reconfirmed 2026 targets: NII to exceed 2025, net fees low‑single digit growth, costs mid‑single digit increase, cost of risk expected <30 bps, business volumes target ~3% growth, and net income expected to exceed EUR 632m.
Improving Returns
Return on tangible equity 10% (12% adjusted for excess capital). Return on CET1 adjusted for excess capital 17% in Q1 2026.
UNJCF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UNJCF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $3.09 | $3.17 | +2.59% |
Feb 03, 2026 | $3.43 | $3.23 | -5.66% |
Oct 31, 2025 | $2.63 | $2.62 | -0.57% |
Jul 29, 2025 | $2.32 | $2.52 | +8.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Unicaja Banco SA (UNJCF) report earnings?
Unicaja Banco SA (UNJCF) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).
What is Unicaja Banco SA (UNJCF) earnings time?
Unicaja Banco SA (UNJCF) earnings time is at Jul 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is UNJCF EPS forecast?
UNJCF EPS forecast for the fiscal quarter 2026 (Q2) is 0.08.