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2Q25 Results 30 JULY 2025
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2 Disclaimer Presentation prepared with Group data at closing of 30 June 2025, unless otherwise indicated. The purpose of this presentation is purely informative and should not be considered as a service or offer of any financial product, service or advice, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by CaixaBank, S.A. (“CaixaBank”) or any of the companies mentioned herein. The information contained herein is subject to, and must be read in conjunction with, all other publicly available information. Any person at any time acquiring securities must do so only on the basis of such person’s own judgment as to the merits or the suitability of the securities for its purpose and only on such information as is contained in such public information set out in the relevant documentation filed by the issuer in the context of such specific offer or issue and after taking any professional or any other advice as it deems necessary or appropriate under the relevant circumstances and not in reliance on the information contained in this presentation. CaixaBank cautions that this presentation might contain forward-looking statements concerning the development of our business and economic performance. Particularly, both the financial and non-financial information from CaixaBank Group (“Group”) related to results from investments has been prepared mainly based on estimates (including environmental, social or governance (“ESG”) performance targets). While these statements are based on our current projections, judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. Such factors include, but are not limited to, the market general situation, macroeconomic factors, regulatory, political or government guidelines and trends, movements in domestic and international securities markets, currency exchange rates and interest rates, changes in the financial position, creditworthiness or solvency of our customers, debtors or counterparts, as well as our ability to meet ESG expectations or undertakings, which may depend largely on the actions of third parties, such as our decarbonisation targets, etc. These risk factors, together with any other ones mentioned in past or future reports, could adversely affect our business and the levels of performance and results described, including those related to ESG performance. Other unknown or unforeseeable factors, and those whose evolution and potential impact remain uncertain, could also make the results or outcome differ significantly from those described in our projections and estimates. Statements as to historical performance, historical share price or financial accretion are not intended to mean that future performance, future share price or future earnings for any period will necessarily match or exceed those of any prior year. Nothing in this presentation should be construed as a profit forecast. In addition, it should be noted that although this presentation has been prepared based on accounting registers kept by CaixaBank and by the rest of the Group companies it may contain certain adjustments and reclassifications in order to harmonise the accounting principles and criteria followed by such companies with those followed by CaixaBank, as in the specific case of Banco Português de Investimento (“BPI”), so that, the relevant data included in this presentation may differ from those included in the relevant financial information as published by BPI. 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All of them are encouraged to consult the documentation and public information communicated or registered by CaixaBank with the National Securities Market Commission (Comisión Nacional del Mercado de Valores, “CNMV”). In particular, it should be noted that this document contains unaudited financial information. In relation to Alternative Performance Measures (APMs) as defined in the guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority on 5 October 2015 (ESMA/2015/1415), this presentation uses certain APMs, which have not been audited, for a better understanding of the company's financial performance. These measures are considered additional disclosures and in no case replace the financial information prepared under the International Financial Reporting Standards (IFRS). Moreover, the way the Group defines and calculates these measures may differ to the way similar measures are calculated by other companies. Accordingly, they may not be comparable. Please refer to the Glossary section of the relevant CaixaBank’s Business Activity and Results Report for a list of the APMs used along with the relevant reconciliation between certain indicators. This presentation has not been submitted to the CNMV or to any other authority in any other jurisdiction for review or for approval. Its content is regulated by the Spanish law applicable at the date hereto, and it is not addressed to any person, or any legal entity located in any other jurisdiction and therefore it may not be compliant with the relevant regulations or legal requirements as applicable in any such other jurisdiction. Notwithstanding any legal requirements, or any limitations imposed by CaixaBank which may be applicable, permission is hereby expressly refused for any type of use or exploitation of the content of this presentation, and for any use of the signs, trademarks and logotypes contained herein. 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3 CONTENTS Highlights
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4 1H25 Net income €2,951 M +10.3 % yoy(3) Improved FY25 guidance Highlights Highlights Strong H1 performance supports improved guidance Revenues from services: MSD(4) CoR(5): ~25 bps % RoTE(6): >16% » High volume growth − powering revenues (1) In Spain. (2) Refer to the Appendix (Glossary) for definition. (3) 1H25 Net income +1.0% yoy and 17.6 % RoTE ttm PF with 2024 banking levy accrued on a linear basis (for consistency with accrual in 2025). (4) Mid-single-digit growth yoy. Improved vs. former guidance of “low-to-mid-single digit growth”. (5) Improved vs. former guidance of <30 bps. (6) Improved vs. former guidance of c.16%. % RoTE ttm(3) 18.5% # of clients(1) 360K yoy Performing loans +5% yoy Deposits +7% yoy Wealth mgmt. AuMs(2) +8% yoy » NII (-0.4% qoq) stabilises – expect 2Q to be cycle low » Revenues from services (+5.4% 1H yoy) and CoR (24 bps, ttm) better than guidance » Record low %NPL (2.3%) with high coverage (70%; overlays unused qoq) » Solid capital (12.5% CET1) and ample liquidity (217% LCR)
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5 H I G H L I G H T S Iberian economies set to outperform despite uncertain global backdrop (1) 2Q25 GDP data for Spain is already available: +8.8% vs. 4Q19. (2) CaixaBank Research forecasts (July 2025) for 2025e and beyond. (3) Source: INE, Labour Force Survey. 2Q25. (4) 2Q25 vs. 2Q24 increase in employment. Source: INE, Labour Force Survey. 2Q25. (5) Households’ disposable income. Source: INE. 1Q25 vs. 1Q24. (6) Source: INE. 1Q25 seasonally adjusted. (7) Source: INE, Tourism Expenditure Survey. May 2025 ttm. (8) Source: Bank of Spain. FY24. (9) Exports of goods. Source: Aduana and INE. FY24. (10) Difference between respective debt to GDP ratios, in p.p. Includes household and NFC non-consolidated debt in loans and debt securities. Source: Eurostat. 1Q25. 2025e (1) 2024Spain: growth expected to be driven by consumer spending and investment recovery Contribution to GDP growth by component, pp 1.6 0.8 0.4 0.4 1.7 0.3 0.7 -0.3 Consumption Public expenditure Investment External demand Population growth(3) Robust labour market(4) disposable income(5) High savings rate(6) Tourism revenues(7) Exports of other services(8) Low exposure to US exports(9) Low private sector leverage(10) +1% yoy +584K yoy +5% yoy 13% +8% yoy +9% yoy 1% GDP -31 pp vs. Eurozone KEY GROWTH ENGINES: 8.2% 8.0% 5.8% Portugal Spain Eurozone Real GDP growth(2), 2015 base 100 126 118 90 100 110 120 130 15 17 19 21 23 25e 27e 128 118 90 100 110 120 130 15 17 19 21 23 25e 27e % yoy: 2025e: 2026e: Spain +2.4% +2.0% Eurozone +1.2% +1.1% % yoy: Portugal 2025e: +1.6% 2026e: +2.0% Spain Eurozone Portugal Eurozone SPAIN AND PORTUGAL ARE EXPECTED TO KEEP GROWING WELL ABOVE THE EUROZONE 1Q25 vs. 4Q19 Real GDP(1), %
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6 H I G H L I G H T S Steady rollout of our strategy − focused on growth and transformation (1) Performing loans plus customer funds. (2) Combined market share including private sector loans and deposits (households and non-financial businesses); mutual funds (CaixaBank AM); pension plans; and savings insurance in Spain. Based on latest available data from Bank of Spain, INVERCO, and ICEA (June 2025). Sector data for savings insurance are internal estimates. (3) In Spain. Based on latest available data from TGSS (June 2025). (4) Individual clients in Spain with 3 or more product families with the bank. (5) Individual clients with at least one access to Digital Banking in the last 6 months. (6) Individual clients in Spain. +28% in adult individual clients. (7) To individual clients in Spain. (8) In Spain. Mainly code developers. GROWING # OF CLIENTS AND BUSINESS VOLUME: COMMERCIAL MOMENTUM CONSOLIDATES IN 2Q TRANSFORMATION: LEVERAGING IT TO BOOST COMMERCIAL ACTIVITY AND CUSTOMER EXPERIENCE # Clients in Spain, million Business volume (1), €Bn 18.2 18.3 18.7 Jun-23 Jun-24 Jun-25 982 1,019 1,086 Jun-23 Jun-24 Jun-25 # Digital clients (5) in Spain, million 11.4 11.8 12.4 Jun-23 Jun-24 Jun-25 Digital onboarding, 1H 25 (6) +45 % yoy Digital sales , 1H25 (7) Tech hires (8) (last 9 months) ~500 25.3% Market share in business volume(2) 35.5% Market share in payrolls + pension deposits(3) 71.7% Relational clients(4) Rapid adoption of GenAI → reduction in average customer response times, NPS improvement… AI tools now available to the entire workforce New App architecture to unlock its full potential: simpler, faster and more effective. With New AI features from 2Q25 While preserving our unique way of banking World’s Best Bank for Sustaining Communities 2025 by Global Finance 360 K yoy +6.6% yoy 600 K yoy +22 % yoy Best bank in Spain in 2025 by Euromoney and Global Finance Best Bank for Diversity and Inclusion in Europe and Best Bank for ESG in Portugal 2025 by Euromoney Best digital bank in Spain and Portugal in 2025 by Euromoney
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7 H I G H L I G H T S Fast-tracking business evolution with new and innovative solutions Enhancing value propositions and commercial capabilities (1) In Spain. (2) Loans for used cars and used/new motorcycles via Facilitea, plus leasing of used cars. (3) Launched in December 2024. (4) Including vehicle financing through CaixaBank, Facilitea, and the dealership network, as well as car leasing. (5) Jan-Jul 2025. (6) Both for Android (launched in May 2023) and for iOS (launched in June 2025). (7) Internal estimate based on STMP and Redsys data (June 2025 ttm). (8) Based on INE data. March 2025. Examples of recent initiatives New RE portal launched in May Selective offering, financing, and fully digital New mobility platform(3) → 8.3K vehicles listed ~€2 Bn new financing for vehicles, 1H25(4): +34% yoy 1st bank in Spain to offer the service(6) 30.3% market share in merchant PoS terminals(1,7) >30K employees trained to serve senior clients Broadened financial and non-financial ecosystem ~11.7 K Vehicles financed, 1H25(1,2) ~40 % Penetration in ≥ 65y old clients(1,8) ~42 K Listed properties(1) ~720 K Transactions ytd(1,5)
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8 H I G H L I G H T S An engine of growth among the young and digital Strong growth in # of clients… Imagin clients, in millions 2.7 3.5 3.8 YE21 Jun-24 Jun-25 +11% yoy Unique proposition blending full digital experience with incumbent advantages 9.9 16.3 20.0 YE21 Jun-24 Jun-25 +23% yoy A PILLAR FOR CLIENT ACQUISITION % of new client acquisition via imagin(2) ~50% ~55% 8.5% Market share in payrolls(3) Adult clients with recurrent income flows deposited into imagin COMPLETE RANGE OF SOLUTIONS Business volume (1) breakdown, 30 June 2025 in % of total €20 Bn 74% Client funds 62% Sight deposits 7% Term deposits 5% Wealth mgmt. Client loans 26% 18% Mortgages 8% Consumer loans (1) Customer loans + funds. (2) In % of total new customer onboarding in Spain (CaixaBank + imagin) in the last 12 months. (3) In Spain. CaixaBank’s total market share (including imagin): 36.2%. Based on data from TGSS. June 2025. (4) As % of total 16-34-year-old mobile banking users in Spain. Source: GfK DAM (June 2025). Peer group: Bankinter, BBVA, ING, Revolut, SAB, SAN. NOTE: Refer to the Appendix for additional details about imagin. …and business volume Business volume (1), €Bn 24% 19% 18% 10% 9% 5% 40% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 MOBILE BANKING LEADER Mobile banking penetration among 16-34-year -olds in Spain (4), %
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9 H I G H L I G H T S Rising demand fuels double-digit increase in loan origination NEW LENDING (1) €Bn (Group ex BPI) 376 bps1H25 FB LOAN YIELD(2), bps New residential mortgages New consumer lending New business lending (6) 2.8 3.9 1Q24 2Q24 4.5 5.2 1Q25 2Q25 +46% +35% yoy +16% qoq 3.0 3.1 1Q24 2Q24 3.4 3.4 1Q25 2Q25 +10% +10% yoy flat qoq 10.5 10.9 1Q24 2Q24 +26% 11.0 16.0 1Q25 2Q25 +46% yoy +45% qoq New lending (Group ex BPI), €Bn ~90% clients with income flows paid into CABK deposits(5) 93% at fixed rate(3) 27% market share in new lending(4); strict underwriting criteria New lending to SMEs(7) accounted for ~55% of 1H25 originations (1) New mortgages, consumer, and business loans. (2) Group ex BPI. Yields are compiled from long-term lending production data (loans and credit facilities, including those that are syndicated) of CaixaBank, S.A. (Spain) and MicroBank, excluding public sector. (3) Breakdown of 1H25 new mortgage production: 93% at fixed rate, 6% floating, and 1% hybrid. (4) Market share in new mortgages in Spain (trailing 3 months as of May 2025). Based on data from Bank of Spain. (5) % over personal loans by CaixaBank. (6) Includes loans, syndicate loans, and credit facilities (excluding factoring and confirming) from Business Banking, RE business, Corporate Banking in Spain, and International Branches. (7) Business Banking segment in Spain. +27% 34.2 43.4 1H24 1H25
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10 H I G H L I G H T S -5.0% -2.9% 0.5% 4.0% Dec-23 Jun-24 Dec-24 Jun-25 Loan-book growth accelerates across all key segments PERFORMING LOANS(1), 30 June 2025 €369 Bn +4.9% ytd +3.9% qoq o/w: BUSINESS LENDING +4.1% ytd +3.3% qoq Performing business loans in Spain and Portugal (3), % yoy(2) Performing residential mortgages, % yoy(2) -3.0% -0.4% 1.4% 3.4% Dec-23 Jun-24 Dec-24 Jun-25 (1) Refer to Appendix for additional details. Evolution affected by positive seasonality in “Other loans to individuals” related to public pension advances. Total performing loans adjusted for that effect: +3.8% ytd, +2.9% qoq. (2) Cumulative growth of the stock over the last 12 months. (3) Excludes CIB branches in countries other than Spain and Portugal. +3.0% ytd +1.8% qoq RESIDENTIAL MORTGAGES 2.0% 4.9% 7.2% 8.9% Dec-23 Jun-24 Dec-24 Jun-25 CONSUMER LENDING Performing consumer loans, % yoy(2) +6.0% ytd +3.1% qoq
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11 H I G H L I G H T S Strong H1 drives customer funds above €700Bn supported by both wealth management and deposits – complemented by seasonal uplift CUSTOMER FUNDS(1), 30 June 2025 o/w: DEPOSITS & OTHERS(2) WEALTH MANAGEMENT(3) +2.9% ytd +2.5% qoq+5.8% ytd +4.8% qoq 26.2% MARKET SHARE IN DEPOSITS + WM % in Spain(4) CUSTOMER FUNDS UP YTD driven by net inflows into deposits and WM complemented by 2Q-end seasonality and rebound in markets post March-April correction Customer funds waterfall ytd, €Bn 685.4 717.7 +7.0 +0.7 +24.7 Dec-24 Jun-25 +4.7% GROWTH ACCELERATION CONTINUES Wealth management balances(3) + Deposits, % yoy ex market effects on wealth management(5) 0.8% 3.7% 5.8% 6.1% Dec-23 Jun-24 Dec-24 Jun-25 Additionally: (+) market contribution in the last 12 months despite markets’ impact in Q1 +€8 Bn (1) Refer to Appendix for additional details. (2) Deposits (including retail securities issuances), “Other funds”, and “Other managed resources”. Affected by positive seasonality in June. (3) Mutual funds (including portfolios and SICAVs), pension plans, and savings insurance. (4) Combined market share including deposits of households and non-financial businesses, mutual funds (CaixaBank AM), pension plans and savings insurance. Based on latest available data from Bank of Spain, INVERCO, and ICEA (June 2025). For savings insurance, sector data for June are internal estimates. (5) Growth considering cumulative net inflows over the last 12 months only, excluding any market impacts during that period. Net inflows into wealth mgmt. (ex markets) Market effect (wealth mgmt.) Deposits & others(2) €718 Bn +4.7% ytd +3.9% qoq
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12 H I G H L I G H T S (1) Mutual funds (including portfolios and SICAVs), pension plans, and savings insurance. (2) Includes managed portfolios and SICAVs. (3) Includes unit linked. (4) Combined market share including mutual funds, pension plans, and savings insurance. Peer group includes: BBVA, Ibercaja, SAN. Based on latest published information by ICEA and INVERCO. June 2025 for CaixaBank (for savings insurance, sector data are internal estimates); March 2025 for peers. (5) As of June 2025, based on latest available data from ICEA and INVERCO (for savings insurance, sector data is internal estimate). (6) Source: Bloomberg. SUSTAINED GROWTH IN NET INFLOWS Net inflows into wealth management(1) (ex market effects), €Bn 6.4 5.0 7.0 +40% +9% Net inflows into wealth mgmt. (ex market effects)/month, €Bn Market volatility: VIX index(6) NET INFLOWS BOUNCE BACK AFTER MARCH-APRIL MARKET CORRECTION 1.2 0.4 1.4 Jan-Mar. Avg. Apr. May-Jun. avg. 10 20 30 40 50 J-24 M-24 M-24 J-24 S-24 N-24 J-25 M-25 M-25 J-25 2024 avg. 2025 avg. 1H24 2H24 1H25 73% Mutual funds(2) and pension plans 27% Savings insurance(3) Wealth management delivers another strong semester with net inflows holding firm amid market volatility #1 IN WEALTH MANAGEMENT IN SPAIN Market share by total WM AuMs(4), % 29% 13% 12% 6% Peer 1 Peer 2 Peer 3 Market share by product(5) Pension plans 34% #1 Savings insurance 38% #1 Mutual funds 23% #1 Uniquely equipped to serve structurally growing demand +16%
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13 H I G H L I G H T S Protection insurance premia up double-digits underpinned by commercial dynamism and product innovation Protection insurance premia(1) 30 June 2025, % yoy +12.3% LIFE-RISK PORTFOLIO: MyBox in % of total premia(4) 54% 61% Jun-24 Jun-25 INCREASING WEIGHT OF MYBOX 81% PRODUCTION: MyBox in % of 1H25 ttm new protection premia MyBox CONTINUED DEPLOYMENT OF CLIENT - FOCUSED INNOVATIVE OFFERING Convenient, predictable cost, and with more complete coverage → lower churn rate Addressing uncovered needs and raising demand in face of longevity (e.g. MyBox LifeCare; MyBox Retirement self-employed; MyBox tranquility senior) POSITIVE PRODUCTION DYNAMICS BOLSTERED BY MYBOX OFFERING AND INCREASED LOAN ORIGINATION Life-Risk 45% Non-Life 55% OTHER 9% HEALTH 19% €750 M HOME 13% AUTO 14% 1H25 ttm new protection premia(2): breakdown by segment, % CONTINUOUS MARKET SHARE GAINS Market shares in Spain in % and yoy in bps(3) LIFE- RISK HOME INSUR. HEALTH INSUR. PERSONAL ACCIDENT INSUR. 27.7% +76 bps 30.4 % +30 bps 10.5% +29 bps 12.4 % +167 bps (1) 1H25 earned premia on an annualised basis. Includes VidaCaixa life-risk premia (excluding BPI Vida e Pensoes) plus SegurCaixa Adeslas non-life premia sold through the bancassurance network. (2) CABK ex BPI and considering life-risk and non-life risk premia sold through the bancassurance channel. All insurance products (including single premium with multiannual tenor) are presented on an annual basis to facilitate comparisons across all product lines. Historical series were restated to reflect measurement enhancements. (3) In Spain. Based on latest available data from ICEA (March 2025 except for accident insurance which data corresponds to YE24). (4) VidaCaixa earned life-risk premia (excluding BPI Vida e Pensoes) on an annualised basis. LIFE-RISK: +12.8% NON-LIFE: +11.9% o/w:
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14 H I G H L I G H T S BPI: on a successful journey of growth and profitability −with ample untapped potential ahead in a growing market Net income, 1H25 €235 M BPI Segment(1) VOLUME GROWTH CONSISTENTLY BEATING THE MARKET WIDESPREAD MARKET SHARE GAINS 2017-25, bpsMarket share in Portugal(5), % 8.0% 10.8% 19.3% 2018 2019-24 avg. Jun-25 ttm INCREASED PROFITABILITY RoTE(2,7), % 63.7% 53.5% 39.2% 2018 2019-24 avg. Jun-25 ttm EFFICIENCY IMPROVEMENT % recurrent C/I (2,7), % LOW % NPL WELL BELOW THE SECTOR % NPL(2) , eop 4.2% 2.2% 1.6% 2018 2019-24 avg. Jun-25 Sector(8) 2.9% (1) Contribution of the banking activity in Portugal to the Group’s consolidated results, excluding among other items, earnings from equity investments in BFA and BCI. (2) BPI segment. (3) Performing loans plus customer funds. YE17 customer funds exclude Portuguese treasury bond placements. (4) Sector ex BPI. Sector data based on latest available data from the Bank of Portugal (May 2025). (5) Source: Bank of Portugal, latest available data (May 2025). (6) Households and non-financial businesses. (7) 2022 figure restated under IFRS 17/9. 2018-21 figures as reported historically (IFRS 4). (8) % NPLs in credit to the resident private sector (households and non-financial businesses), based on latest available information published by Bank of Portugal (March 2025). 2018: 1st year with full year consolidation of BPI into CaixaBank Group 49.5 64.7 68.7 YE17 Jun-24 Jun-25 Business volume(2,3), €Bn eop +6.1% +39% → vs. +20% sector(4) 87.0% NPL coverage Leveraging on strong fundamentals to keep seizing potential in a growing market Mortgages Business loans Deposits(6) Savings insurance +229 +363 +284 +84 +377 11.6% 14.8% 11.2% 10.6% 18.1% Loans(6)
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15 CONTENTS P&L and Balance Sheet
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16 P & L A N D B A L A N C E S H E E T €M 2Q25 2Q24 % yoy % qoq Net interest income 2,636 2,791 -5.6% -0.4% Revenues from services(1), o/w: 1,303 1,252 +4.0% +1.9% Wealth management 483 431 +12.0% -1.3% Protection insurance 287 297 -3.2% +0.1% Banking fees 532 524 +1.5% +6.1% Other revenues 90 161 -44.0% +4.7% Dividends(2) 5 93 -94.4% -90.1% Equity accounted 76 65 +16.0% +5.7% Trading income 67 76 -12.0% -3.7% Other op. income & expenses(3) (57) (73) -21.5% -46.9% Revenues 4,030 4,205 -4.2% +0.5% Total operating expenses (1,599) (1,520) +5.2% +1.2% Pre-impairment income 2,431 2,685 -9.5% -0.0% Loan-loss charges (178) (218) -18.7% -8.8% Other provisions (62) (103) -39.3% +44.9% Gains/losses on disposals and other (24) (44) -45.8% Pre-tax income 2,167 2,320 -6.6% -0.9% Tax, minority & other(4) (685) (649) +5.5% -4.4% Net income 1,482 1,670 -11.3% +0.8% Net income PF(5) 1,482 1,547 -4.2% +0.8% Pro memoria Fees 986 953 +3.5% +2.5% Insurance service result 317 299 +5.8% +0.0% Net income up qoq −with steady growth in revenues from services, even lower CoR, and easing NII headwinds (1) Equivalent to the sum of “Net fees” and “Insurance service result”. Refer to the Appendix for additional details. (2) 2Q24 included €45M from BFA dividend (vs. €50M recognised in 1Q25) and €43M from TEF dividend, which ceased following the full divestment in June 2024. (3) 2Q25 includes +€22M from the reversal of the solidarity levy in Portugal. (4) 1Q25 and 2Q25 include impact from banking tax (-€148M per quarter) and write-up of off-balance sheet TLCFs and deductions (+€84M in 2Q25 and +€67M in 1Q25). (5) 2Q24 and % yoy PF with 2024 banking levy accrued on a linear basis throughout the year. (6) Including, among other, positive one-off at BPI (+€16M). CONSOLIDATED INCOME STATEMENT REVENUES NII pressures abating as diminishing funding costs, rising volumes, and positive ALCO contribution increasingly offset loan index resets Sustained growth in revenues from services • Wealth management: up double-digit yoy on higher AuMs; qoq mainly reflects impact from market correction in March-April • Protection insurance revenues supported by (+) organic trends with yoy masked by (+) non-recurrent factors in 2Q24(6) • Banking fees recover yoy while growing strongly qoq with support from CIB activity and gradual stabilisation of recurrent fees Other revenues mainly reflect absence of TEF dividend post divestment and recognition of BFA dividend in 1Q; other operating income and expenses affected by one-offs COSTS Costs evolve in line with guidance PROVISIONS & OTHER Lower LLCs with CoR at reduced levels Other provisions back to normalised range Tax, minority & other: includes impact from banking tax and DTA write-up
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17 P & L A N D B A L A N C E S H E E T NII stabilises earlier than anticipated − 2Q expected to mark this cycle low 185 182 177 171 168 163 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 NII pressures abate 2,781 2,791 2,794 2,741 2,646 2,636 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 €5,572 M 1H24 €5,282 M 1H25-5.2% -0.4% -5.6% NII evolution, €M NIM evolution bps (1) qoq includes +€12M from day-count effect. (2) Includes impact from loan index resets and deposit repricing, NII from insurance, cash balances, and financial intermediaries. (3) NII from loan and deposit volume growth. Refer to the Appendix (glossary) for additional details. (4) Includes NII from structural deposit hedges, bond portfolio, and wholesale funding. (5) Excluding for CaixaBank ex BPI structural deposit hedges and FX and international branch deposits. NOTE: the correct breakdown of 1Q25 NII evolution qoq, as presented on page 16 of 1Q25 Results presentation, should have been: -€23M day-count; -€193M client yields; +€27M business volume; +€94M ALCO. 2,646 2,636 (164) +57 +97 1Q25 2Q25 Client yields and others(2) ALCO(4) Business volume(3) Growing support from: higher volumes lower funding costs hedging strategy QoQ NII BRIDGE (1) − €M CUSTOMER SPREAD AND YIELDS MAINLY REFLECT INDEX RESETS – bps 387 378 363 347 335 317 364 358 343 331 320 309 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 Customer spread ex hedges and FX(5) Customer spread 462 459 447 427 403 375 98 101 104 96 83 66 75 81 84 80 68 58 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 Net loan yields Client funds costs Client funds costs ex hedges and FX(5) NII IMPROVEMENT EXPECTED TO ACCELERATE FROM 2H26 e
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18 P & L A N D B A L A N C E S H E E T Deposit strength offers rising support for NII Steady growth in deposit balances mainly reflecting growing non-interest-bearing balances 286.1 282.6 282.1 282.2 284.6 289.7 78.5 87.5 98.4 105.5 105.3 106.6 364.7 370.1 380.5 387.7 389.9 396.4 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 +7.1% T otal Interest- bearing Non- interest- bearing 2Q, % qoq +1.6% +1.3% +1.8% Non-interest bearing Interest bearing Total deposits breakdown(1), averagequarterly balance in €Bn Interest-bearing client deposits(1) in % of total (quarterly average) 25.9%23.7% 27.2% 27.0% 26.9% 21.5% GRADUAL REDUCTION Acceleration of deposit cost reduction as indexed deposits rapidly reflect rate resets Interest-bearing client deposits average yield(2) per quarter in % 2.98% 2.95% 2.87% 2.59% 2.28% 1.92% 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 (1) Including FX and excluding employee deposits, international branch deposits, retail securities, and other outside the commercial network scope. Note that the historical series has been affected by non-material revisions to reflect better information and improvements in the calculation. (2) % yield (quarterly average) over remunerated interest-bearing deposits as detailed in note 1, excluding hedges. (3) Indexed balances in % of total on-balance sheet client funds (excluding insurance) that are being remunerated (including FX, international branch deposits, employee deposits, retail securities and other and excluding hedges). End-of-period as of 30 June 2025. (4) Source: Bloomberg. Quarterly average €STR(4): qoq in bps -5 -23 -44 -48 -53 Indexed in % of interest- bearing balances(3) ~50% 0
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19 P & L A N D B A L A N C E S H E E T +16% ytd +€3.5Bn new structural hedges in 1H25, for a total of €53.5 Bn; stable qoq New rate backdrop (+) to rollover and reload hedges Hedges remain a key tool to manage NII sensitivity ~€15 Bn legacy hedges at ~0% maturing by 1Q27 Long-term rate outlook favours reinvestment strategy −while short-term rates remain broadly aligned with Strategic Plan’s assumptions AN EVOLVING RATE ENVIRONMENT: CURRENT YIELD CURVE AND SPREAD BACKDROP OFFER VALUE AND NEW OPPORTUNITIES FOR ALCO MANAGEMENT DFR evolution: current market forwards(1) vs. market forwards as of end-Sep. 2024 (Strategic Plan base case), in % (1) As of 25 July 2025. (2) Latest data point: 25 July 2025. (3) Refer to the Appendix for additional details. (4) Structural hedges over core deposits (non-sensitive to rates), receiving fixed rate and paying floating rate. (5) Excludes SAREB bonds. STRUCTURAL DEPOSIT HEDGES UP YTD – STABLE Q oQ Structural hedges over deposits(3,4), €Bn and in % over total deposits 25.0 37.0 50.0 53.5 53.5 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 6% 9% 12% 13% 12% +7% ytd INCREASED AND HIGHER -YIELDING ALCO BOOK ALCO portfolio(3,5) in €Bn and yield in % 64.5 63.3 64.2 68.8 74.3 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 ALCO portfolio +15.9 % ytd Yield up to 1.4% ~€22 Bn maturities in 2025-27 at 0.8% average yield EU 10Y Bond vs. Euribor 12M(2), monthly average in % 1.1% 1.0% 1.1% 1.2% 1.4% -1.0 -0.5 0.0 0.5 1.0 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 1.5 2.5 3.5 4.5 Jan-24 Jan-26 Jan-28 Jan-30 Jan-32 Jan-34 Current Sep-24 (SP base case)
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20 P & L A N D B A L A N C E S H E E T Revenues from services up +5.4% yoy in 1H25 −with evolution in 2Q affected by non-recurrent factors and market volatility (1) Refer to the Appendix for additional details. (2) Adjusted excluding positive one-off at BPI in 2Q24 (+€16M). (3) Unadjusted figures: -0.7% 1H yoy; -3.2% 2Q yoy. (4) Vs. former guidance of “Low-to-mid single-digit growth”. REVENUES FROM SERVICES (1) €M Wealth management Protection insurance Banking fees FY25e Revenues from services guidance IMPROVED(4) MID -SINGLE -DIGIT GROWTH YOY Wealth mgmt. +12.0% yoy -1.3% qoq Protection +2.4% yoy adj.(2,3) +0.1% qoq Banking fees +1.5% yoy +6.1% qoq Strong growth in WM yoy on higher AuMs; qoq affected by market volatility Protection revenues supported by commercial dynamism, masked by non-recurrent factors and change in product mix Banking fees up in 1H and in 2Q both yoy and qoq on strong CIB growth and recurrent fee recovery +14.3% % yoy +1.5% 1,019 1,034 579 575 851 973 2,449 2,581 1H24 1H25 +2.1% adj.(2,3) +5.4% +6.1% adj.(2) +4.0% 5.4% adj.(2) 495 524 494 536 502 532 282 297 275 285 287 287 420 431 456 501 490 483 1,197 1,252 1,225 1,321 1,278 1,303 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 +1.9%
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21 P & L A N D B A L A N C E S H E E T … AND WELL BELOW PEER AVERAGE Costs evolve as guided while C/I ratio remains at very low levels COSTS EVOLVE IN LINE WITH GUIDANCE Operating costs, €M yoy qoq +5.2% +1.2% 1,508 1,520 1,535 1,545 1,580 1,599 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 BREAKDOWN BY MAIN CATEGORY % C/I REMAINS AT LOW LEVELS… 44.6% 41.6% 39.9% 38.9% 37.8% 38.0% 37.3% 37.7% 38.6% Jun-23 Dec-23 Jun-24 Dec-24 Jun-25 % C/I ttm(1) % C/I ttm (1) Historical series (Jun. 23 – Dec. 24) PF adjusted to exclude impact from banking levy in 2023 and 2024, for consistency with 2025. (2) Weighted average, based on latest reported data by peers. Peer group: top 10 banks by market cap included in the SX7E index as of 30 June 2025. PF(1) 38.6% 51.1% Euro peer avg. (2) €M and % 2Q25 % yoy % qoq 1H25 % yoy PERSONNEL 994 +6.1% +1.4% 1,975 +6.0% GENERAL EXPENSES 408 +5.3% +0.2% 816 +5.1% DEPRECIATION 196 +0.6% +2.4% 388 -0.5% TOTAL 1,599 +5.2% +1.2% 3,179 +5.0%
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22 P & L A N D B A L A N C E S H E E T Step improvement in credit quality metrics: % NPL hits record low on broad-based gains, with strong coverage and declining CoR LOWER NPL s AND RECORD -LOW % NPL ON SUPPORTIVE ORGANIC TRENDS AND ACTIVE MANAGEMENT − NPLs(1) (€Bn) and % NPL(1) 13.6 10.7 10.5 10.2 10.1 9.6 3.0 5.0 7.0 9.0 11. 0 13. 0 D-21 D-22 D-23 D-24 M-25 J-25 3.59% 2.73% 2.74% 2.61% 2.54% 2.33% % NPL by segment, 30 June 2025 (1) Includes non-performing contingent liabilities (€507 M by end of June 2025). NPL evolution in 2Q25 affected by portfolio sales. (2) % NPLs in credit to the resident private sector, based on latest available information published by the Bank of Spain (May 2025). The ratio PF ex CABK stands at 3.3%. (3) Includes other loans to individuals (excluding consumer lending), loans to the public sector, and contingent liabilities. (4) Ratio between total impairment allowances on loans to customers and contingent liabilities over non-performing loans and advances to customers and contingent liabilities. The ratio of total impairment allowances over total loans and advances to customers and contingent liabilities stands at 1.6% as of 30 June 2025 (vs. 1.8% as of March 2025 and December 2024). (5) Evolution of unassigned collective provisions: stable qoq and +€2M ytd. (6) Vs. former guidance of <0.30%. Mortgages 2.2% -40 bps ytd Consumer loans 2.9% -21 bps ytd Business loans 2.6% -11 bps ytd Other(3) 1.9% -44 bps ytd MAINTAINING HIGH COVERAGE, ABOVE HISTORICAL AVERAGE, WITH OVERLAYS UNUSED Q oQ − %NPL coverage(4) % NPL sector(2) ~3.1 % 59% 69% 70% 2014-23 avg. Dec-24 Jun-25 €6.7 Bn Total provision funds o/w: €341 M Unassigned collective prov.; unchanged qoq(5) LOWER CoR WITH IMPROVED GUIDANCE FY25e CoR guidance IMPROVED(6) ~0.25% 268 218 238 332 195 178 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 CoR ttm (%) LLCs (€M) €372 M 1H25-23.5% 2Q25 annualised 0.18 % €487 M 1H24 0.29% 0.29% 0.28% 0.27% 0.25% 0.24%
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23 P & L A N D B A L A N C E S H E E T Ample liquidity reserves Well positioned to seize opportunity from the expected re-leveraging of core economies % LCR(1) 217% % NSFR 150% % ASSET ENCUMBRANCE 13.1% % LTD 85.1%Comfortable liquidity metrics 30 June 2025 (eop) LIQUIDITY SOURCES(3) (1) % LCR at 30 June 2025. 12-month average % LCR as of 30 June 2025: 207%. (2) Customer demand plus time deposits (excluding retail securities) minus loans. +€6.1 Bn ytd. (3) From 1Q25, liquidity sources include other eligible available assets beyond ECB deposit facilities and HQLAs. (4) Based on latest Pillar 3 available data: June 2025 for CaixaBank and March 2025 for peers weighted average. Peer group includes top 10 entities (excluding CaixaBank) in the SX7E index by market cap as of 30 June 2025. (5) CaixaBank’s %LCR 12M avg. and % NSFR eop as of March 2025 at 206% and 148%, respectively). (6) Deposits covered by the Deposit Guarantee Fund (deposits €100,000 per account holder) in % of total deposit balances. COMMERCIAL GAP(2) €54 Bn 116 228 61 51 HQLAs Eligible available assets ex HQLA Covered bond issuance capacity Total (3) LIQUIDITY RATIOS WELL ABOVE PEER AVERAGE… €Bn, 30 June 2025 % LCR (12-month average)(4,5) % NSFR (eop)(4,5) 142% 207% Peer avg. 121% 150% Peer avg. …WITH A STRONG AND STABLE DEPOSIT BASE Stable retail deposits + wholesale operational deposits in % of total deposit balances(4) 52% 68% Peer avg. Retail deposits(4) Insured deposits(6) in % of total deposits(4) Wholesale deposits(4) 76% 24% 61% +6% yoy
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24 P & L A N D B A L A N C E S H E E T Comfortable MREL position and buffers reflecting prudent management as well as continuous and successful market access MREL STRUCTURE VS. REQUIREMENTS Group MREL stack as of 30 June 2025 PF(1) vs. requirements(2), % of RWAs CONTINUED AND SUCCESSFUL MARKET ACCESS 12.47% 14.30% 16.86% 24.94% 1.83% 2.56% 8.08% 3.30% 8.68% 10.51% 12.94% 16.69% 24.42% 28.24% CET1 Tier 1 Total Capital Sub. MREL PF MREL PF MREL stack / components(1) SREP and MREL Requirements for 2025(2) REGULATORY RATIOS PF (4) M-MDA BUFFER PF (3) 382 bps €9.2 Bn 12.25% 14.08% 16.65% 24.72% 28.02% MDA BUFFER (4) 379 bps Currency breakdown Breakdown of 2025 issuances by currency in % of total in € eq. 64 % EURO 36 % USD Broader investor reach unlocks better market access and supports more competitive funding conditions (1) % Sub. MREL and % MREL PF including €2.6Bn SNP issued in July 2025. Reported % Sub. MREL and % MREL at 23.87% and 27.17%, respectively. MREL ratios exclude early redemptions announced in July 2025: JPY7,000M SNP (€43M eq.), and €1Bn SP. (2) SREP requirements for 2025 with P2R at 1.75%, O-SII buffer at 0.50%, countercyclical buffer at 0.12% and systemic risk buffer in Portugal at 0.07% (note that the implementation of the counter-cyclical buffer in Spain will increase the requirement by 37 bps). (3) MDA (CET1) and M-MDA buffer PF including Jul-25 SNP issuances, based on management capital ratios and SREP requirements as detailed in note 2. Regulatory MDA buffer at 357 bps and regulatory M-MDA buffer PF at 360 bps. (4) From 2025 onwards, and according to supervisory expectations, banks that contemplate extraordinary distributions must deduct any CET1 surplus above the established threshold. Ratios based on management criteria do not include such deduction. % Sub. MREL and % MREL PF including Jul-25 SNP issuances. Reported regulatory % Sub. MREL and % MREL at 23.65% and 26.95%, respectively. (5) CABK ex BPI. It includes SNP private placement for €150M (3.5NC2.5). (6) Of which USD 3Bn (€2.6 Bn eq.) issued in Jul-25. (7) In 1Q25, €836M of the 5.25% €1.25Bn AT1 Perp-non call March 2026 was repurchased through a tender offer, leaving €414M outstanding. Net AT1 issuance in 1Q25 was €0.2 Bn. €Bn eq. 2025 Issuances(5) SP 1.5 SNP(6) 3.7 Tier 2 1.0 AT1(7) 1.0 TOTAL 7.2 €7.2 Bn eq. Total issued
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25 P & L A N D B A L A N C E S H E E T €500 M €500 M €2,028 M [€885-1,181 M] +8.4% yoy CREATING SHAREHOLDER VALUE Robust capital generation supports strong business momentum High-quality growth and optimisation to keep driving sustainable shareholder value (1) Mar-25 updated with the latest officially reported data. Refer to the Appendix for 1Q25 % CET1 qoq bridge presented under the current breakdown criteria. (2) Includes capital accretion from net income and DTA consumption. (3) Jun-25 PF including €2.6Bn SNP issued in July 2025. Reported leverage ratio at 5.6%. (4) Jun-25 RoRWA ttm PF with 2024 banking levy accrued on a linear basis and excluding BIV day-1 impact. Reported RoRWA ttm at 2.5%. (5) Book value (eop) divided by number of outstanding shares (excluding treasury shares). (6) Based on ORI 25 July 2025, 26.6 million shares have been already acquired for €198.0M, equivalent to 39.6% of the maximum consideration (vs. figures as of 30 June 2025 of 15.5% executed and 10.6 million shares acquired for €77.6M). (7) Corresponding to the payout target for the interim dividend (30-40% of 1H25 net income), to be paid in November 2025. Relevant resolution from the Board of Directors and final amount of the interim dividend to be defined in October when approving results as of 30 September 2025. (8) Calculated as the difference between (i) the ratio of RWAs over RWAs calculated using full standardised approach and (ii) the 72.5% output floor fully loaded. Based on 1Q25 Pillar 3 reporting. Peer group includes top 10 entities (excluding CaixaBank) in the SX7E index by market cap as of 30 June 2025. Note that CaixaBank has not made use of the transitional provisions under CRR3. As a result, 2025 figures reflect the full impact of implementing this regulation. 29.3 30.1 CET1, € Bn 235.4 241.8 RWA, € Bn Mar -25 Jun -25 EARNINGS -DRIVEN CAPITAL GENERATION ABSORBS SEASONALLY -HIGH RWA GROWTH WHILE SUSTAINING SHAREHOLDER RETURNS − % CET1 qoq(1), % and bps 5.7% 5.6% Leverage ratio PF (3) CET1 surplus > target 22 bps → €523 M RWA growing < loans RWA +2.7% qoq vs. perf. loans +3.9% qoq RoRWA ttm PF(4) 2.3% vs. 1.9% 2022-24 avg. BVPS(5): €5.29 5th SBB completed in Mar-25 FY24 final dividend paid in Apr-25 6th SBB launched in Jun-25(6) FY25 Interim dividend(7) to be paid in Nov-25 BIV: NO OUTPUT FLOOR IMPACT Gap vs. 72.5% output floor FL(8), pp 12.46% 12.47% +69 bps (40 bps) +4 bps (33 bps) Dividend accrual @60% & AT1 coupons Capital accretion(2) Markets & Others Organic RWAs 12.8 12.4 9.5 4.5 -2.6 -3.4 -4.4 -4.9 -12.1 -15.1 -18.2 P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 NON - MATERIAL DIFFERENCE BETWEEN BIV DAY -1 AND FL
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26 F Y 2 5 e G U I D A N C E A N D C A P I T A L T A R G E T S Improved guidance for revenues from services, CoR, and RoTE 2025 % CET1 Management target 2025 % Cash payout target 50-60% 2025 % CET1 threshold for additional distribution(4) 12.25% 11.5% - 12.25% CoR(2) Revenues from services (1) Operating costs NII RoTE(3) ~0.25%0.27% FY24 FY25e Up mid - single -digit €4,995 M +4.6% yoy Up c.5%€6,108 M +4.9% yoy Down mid - single -digit €11,108 M +9.8% yoy >16%18.1% Improved vs. previous guidance (1) Upgraded vs. previous guidance of “Up low-to-mid single-digit”. (2) Improvedvs. previous guidance of “<0.30%”. (3) Upgraded vs. previous guidance of “~16%”. (4) Subject to ECB and BoD approval.
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27 CONTENTS Appendix
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28 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Interest rate sensitivity management: T argeting 12-24M NII sensitivity of ±5% to ±100 bps parallel shift in interest rates (1) Data as of 30 June 2025. (2) % of on-balance sheet client funds (excluding insurance) remunerated (including FX, international branch deposits, employee deposits, retail securities and other and excluding hedges). (3) Hedges executed by end of Jun 2025 in % of total deposits at 30 June 2025. (4) Excluding AT1. (5) In % of total on-balance sheet client funds, excluding insurance. Note that the historical series was affected by non-material revisions to reflect better information and improvements in the calculation. (6) Structural hedges over core deposits (non-sensitive to rates), receiving fixed rate and paying floating rate (€STR). (7) Including hybrid mortgages (which have a fixed interest rate for a period of time and floating afterwards). Excludes fixed-rate loans maturing or repricing in <1 year. (8) It compares to €80.2 Bn by YE24 and it includes ALCO book (€74.3Bn) and SAREB bonds (€15.8 Bn). (9) Excludes SAREB bonds (1.9% yield, 0.2 years duration). When including those SAREB bonds, total yield at 1.5% and duration at 3.1 years. (10) Including EU, Austria, Belgium, France, Italy, the Netherlands, and core SSAs. (11) Mainly includes US Treasuries, Investment Grade corporates, and others. % OF FLOATING LIABILITIES % OF FIXED ASSETS % of interest -bearing on balance -sheet client funds (2) 28% o/w 50% indexed % of deposits with hedge to floating (3) 12% % of floating wholesale funding (4) 99% Fixed -rate mortgages (7) vs. YE21 +€39 Bn % of loan -book at fixed rate (7) 33% Bond portfolio (8) €90.2 Bn o/w 79% at fixed rate 32% 38% 40% 43% 40% J-24 S-24 D-24 M-25 J-25 INTEREST -BEARING PLUS DEPOSITS WITH HEDGE TO FLOATING − in % of total on-balance sheet client funds(5) DEPOSITS WITH STRUCTURAL HEDGE TO FLOATING (6) 5.0 1.7 13.3 2.5 3.0 3.0 3.0 3.0 3.0 5.0 3.0 3.0 3.0 2.0 1Q26 4Q26 1Q27 2Q27 3Q27 4Q27 1Q28 2Q28 3Q28 4Q28 1Q29 2Q29 3Q29 4Q29 Maturities as of 30 June 2025, €Bn Yield, in % 3.0 -0.2 -0.1 3.0 2.7 2.7 2.7 2.5 2.3 2.0 2.2 2.2 1.9 2.0 ALCO BOOK (9) 6.3 6.0 6.4 7.2 10.0 58.1 57.3 57.7 61.6 64.3 64.5 63.3 64.2 68.8 74.3 J-24 S-24 D-24 M-25 J-25 FV-OCI AC€Bn Yield(9): 1.4% Duration(9): 3.7 years Maturity profile as of 30 June 2025, €Bn 4.7 8.9 8.0 13.7 10.4 11.1 6.3 6.5 1.8 0.7 2.2 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 >2034 Yield, in % -0.1 0.4 1.6 1.1 1.5 1.5 1.7 1.9 2.4 3.0 3.1 Breakdown by main exposure ytd, pp Spain 54% EU (10) 34% Portugal 3% Other (11) 9% -4 +6 -2 Key drivers to reduce sensitivity(1)
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29 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Carrying amount Fair Value (FV) Carrying amount – FV(3) Deposits 464.4 438.9 25.5 Debt securities issued & other 58.7 59.8 (1.1) Financial liabilities at amortised cost 523.1 498.7 24.4 Carrying amount Fair Value (FV) FV – Carrying amount Loans and advances 385.4 398.6 13.1 Debt securities 82.2 79.9 (2.4) Financial assets at amortised cost 467.7 478.5 10.8 ASSETS(2) (1) Does not include insurance business. (2) Net of associated derivatives except cash flow hedging. (3) For liabilities, when the carrying amount exceeds the fair value it implies a positive impact on economic value. LIABILITIES(2) +€35.2 BnTOTAL (ASSETS AND LIABILITIES) As of 30 June 2025, €Bn As of 30 June 2025, €Bn Carrying amount Fair Value (FV) Carrying amount – FV(3) Deposits 434.4 411.2 +23.2 Debt securities issued & other 62.1 63.2 (1.1) Financial liabilities at amortised cost 496.5 474.4 +22.1 Carrying amount Fair Value (FV) FV – Carrying amount Loans and advances 366.2 381.4 +15.2 Debt securities 75.6 72.5 (3.1) Financial assets at amortised cost 441.9 454.0 +12.1 ASSETS(2) LIABILITIES(2) TOTAL (ASSETS AND LIABILITIES) As of 31 December 2024, €Bn As of 31 December 2024, €Bn +€34.2 Bn Fair value of assets and liabilities(1) measured at amortised cost
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30 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Group customer loans and funds (1) Unsecured loans to individuals, excluding loans for home purchases. Includes personal loans as well as revolving credit card balances; excluding float. (2) Includes retail securities issuances (€647M as of 30 June 2025). (3) Refer to the Appendix (Glossary) for definition. LOAN BOOK Breakdown, €Bn CUSTOMER FUNDS Breakdown, €Bn 30 Jun 25 % ytd % qoq I. On-balance-sheet funds 520.6 +5.0% +4.1% Deposits 432.5 +5.5% +4.6% Demand deposits 370.5 +7.6% +7.2% Time deposits(2) 62.0 -5.5% -8.5% Insurance 82.1 +2.6% +2.2% o/w unit linked 24.3 +3.6% +3.2% Other funds 6.1 +4.2% -5.2% II. Off-balance-sheet AuM 188.6 +3.1% +2.6% Mutual funds, portfolios and SICAVs 139.1 +4.5% +3.0% Pension plans 49.4 -0.8% +1.3% III. Other managed resources 8.5 +29.8% +28.3% Total Customer funds 717.7 +4.7% +3.9% Wealth management(3) 270.9 +2.9% +2.5% 30 Jun 25 % ytd % qoq I. Loans to individuals 185.1 +4.7% +3.7% Residential mortgages 137.3 +2.6% +1.4% Other loans to individuals 47.7 +11.5% +11.0% o/w consumer loans(1) 22.5 +5.8% +2.9% o/w other 25.2 +17.2% +19.3% II. Loans to businesses 174.2 +4.0% +3.2% o/w international CIB branches 31.0 +9.5% +8.7% Loans to individuals & businesses 359.2 +4.4% +3.5% III. Public sector 18.4 +8.4% +8.5% Total loans 377.6 +4.5% +3.7% Performing loans 368.6 +4.9% +3.9%
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31 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Loan portfolio – additional information (1) CABK ex BPI. (2) Internal estimate. CABK ex BPI. (3) Internal estimates referred to floating-rate residential mortgages of clients with income flows paid into CaixaBank. CABK ex BPI. (4) CABK ex BPI individual client mortgages, excluding those not referenced to Euribor. (5) Including COVID-19 ICO loans in Spain and COVID-19 public support lines in Portugal. (6) Loans with fixed payment schedules. It excludes products such as revolving credit facilities or reverse factoring with no pre-established payment schedules (€1.6 Bn outstanding balance by 30 June 2025). (7) Includes amortisations and cancellations. (8) Outstanding balance under Stage 3 (includes subjective NPLs, ie. NPLs for reasons other than >90 days past due) over amount of total loans granted plus the outstanding balance of revolving credit facilities. RESIDENTIAL MORTGAGE PORTFOLIO CABK ex BPI as of 30 June 2025: breakdown by date of origination, % of total • 2Q25 new mortgages(1): 93% at fixed rate; avg. 75% LTV • Floating-rate residential mortgage portfolio: o Average monthly installment estimated at €530(2) o Average affordability ratio estimated at 24%, increasing to <25% with E12M at 3% (3) after 2015 before 2012 2012-2015 54% 41% 5% % of total by origination date Total €121.1 Bn 59% 48% 51% 54% Current LTV 83% 8% 13% 49% % Fixed rate GOVERNMENT GUARANTEED LOANS (5) Outstanding balance as of 30 June 2025, €Bn Total o/w Spain (ICO) Loans to individuals 0.3 0.3 Other loans to individuals 0.3 0.3 Loans to businesses 5.6 5.2 Public sector 0.0 0.0 TOTAL 5.9 5.5 PERFORMING FLOATING MORTGAGES (4) Breakdown by level of Euribor at latest reset, in % of total as of 30 June 2025 Euribor 2.5% Euribor > 3% 2.5% < Euribor 3% 15% 47% 38% 1Q252Q25 46% 33% 21% • 81% of ICO loans(6) granted already amortised(7) • 4.4% of ICOs classified under stage 3(8)
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32 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Gross lending and provisions by stages and breakdown of refinanced loans (1) Including self-employed. GROSS LENDING AND PROVISIONS BY STAGES Group as of 30 June 2025, €Bn Group as of 30 June 2025, €Bn REFINANCED LOANS Stage 1 Stage 2 Stage 3 TOTAL (a) Loans and advances 345.6 22.9 9.1 377.6 (b) Contingent liabilities 31.4 2.1 0.5 34.0 Total (a) + (b) 377.0 25.0 9.6 411.6 Loan book exposure Stage 1 Stage 2 Stage 3 TOTAL (c) Loans and advances (0.7) (0.9) (4.9) (6.5) (d) Contingent liabilities (0.0) (0.0) (0.2) (0.2) Total (c) + (d) (0.7) (1.0) (5.0) (6.7) Provisions Total o/w NPLs Individuals(1) 2.9 1.9 Businesses 3.3 2.1 Public Sector 0.0 0.0 Total 6.2 4.0 Provisions (2.1) (2.0)
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33 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Wholesale funding: back-book volumes, costs and maturities (1) It includes ABS placed with investors (to depict the impact of wholesale issuances on funding costs of CaixaBank’s banking book). It does not include AT1 issues. Wholesale funding figures in the Quarterly Financial Report reflect the Group’s funding needs and as such do not include ABS securities nor self-retained multi-issuer bonds but include AT1 issuances. (2) Maturities refer either to the first call date for callable instruments or to the contractual redemption date for bullet instruments. (3) It includes Covered Bonds and ABS securities placed with investors. (4) Includes SP, SNP, Tier 2 and AT1. (5) Excluding AT1s. AT1s coupons are paid through Reserves with no impact on NII. Outstanding AT1 issues of €4.4 Bn have an average reset spread of mid-swap +482 bps. WHOLESALE MATURITIES (2)WHOLESALE FUNDING COSTS AFFECTING NII Group ex BPI, as of 30 June 2025 2025 2026 2027 >2027 Total €Bn 4.6 7.3 8.2 29.3 49.4 o/w Liquidity bonds(3) 1.9 0.1 3.1 6.2 11.2 o/w MREL instruments(4) (o/w AT1) 2.6 (-) 7.3 (0.4) 5.1 (0.8) 23.2 (3.3) 38.2 (4.4) Spread over 6M Euribor(5) − bps 73 93 128 149 129110 113 115 130 129 Spread over 6M Euribor, bps Volumes− Wholesale funding back-book volumes(1), €Bn Group ex BPI, as of 30 June 2025 50 52 52 48 45 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25
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34 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N (1) Current presentation (by nature and service provided) introduced in 1Q24. (2) Includes €8M in 2Q25 / €17M in 1H25 mainly from unit linked products at BPI that were not affected by IFRS 17/9. (3) Including equity accounted income and dividends. (4) NII, net fees, insurance service result, and core revenues from insurance investments under the previous presentation of revenues. NII, wealth management revenues, protection insurance revenues, banking fees, and core revenues from insurance investments (the latter presented under “Other revenues”) in the current presentation by nature and service provided. (5) Mutual funds (including managed portfolios and SICAVs) and pension plans. Excluding unit linked products, mainly from BPI, that are currently included within “Life-savings insurance”. (6) Includes unit linked (previously accounted within “Insurance Service Result” with some within “Pension plan fees and other”). 2Q25 1H25 Net interest income 2,636 5,282 (a) Net fees and commissions, o/w: 986 1,948 (b) Recurrent banking fees 427 849 (c) Wholesale banking fees 105 184 (d) Mutual funds + pension plan fees and other (2) 354 710 (e) Insurance distribution fees 100 204 (f) Insurance service result, o/w: 317 633 (g) Life-risk insurance result 188 371 (h) Life-savings insurance result 96 196 (i) Unit linked result 33 66 (j) Income from investments(3), o/w: 81 206 (k) Revenues from insurance investments 68 145 (l) Other 13 60 (m) Trading 67 136 (n) Other operating income/expenses (57) (165) (o) Revenues 4,030 8,040 o/w Revenues from services 1,303 2,581 (b) + (g) o/w Core revenues(4) 4,007 8,009 (a)+(b)+(g)+(l) 2Q25 1H25 Net interest income 2,636 5,282 (a) Wealth management revenues, o/w: 483 973 (p) = (e) + (i) + (j) AuMs (5) 346 694 (e) Life-savings insurance (6) 137 279 (i) + (j) Protection insurance revenues, o/w: 287 575 (q) = (f) + (h) Life-risk insurance 188 371 (h) Insurance distribution fees 100 204 (f) Banking fees, o/w: 532 1,034 (r) = (c) + (d) Recurrent banking fees 427 849 (c) Wholesale banking fees 105 184 (d) Other revenues, o/w: 90 177 (k) + (n) + (o) Revenues from insurance investments 68 145 (l) Other income from investments (ex insurance inv.) 13 60 (m) Trading 67 136 (n) Other operating income/expenses (57) (165) (o) Revenues 4,030 8,040 o/w Revenues from services 1,303 2,581 (p)+(q)+(r) o/w Core revenues(4) 4,007 8,009 (a)+(p)+(q)+(r)+(l) ACCORDING TO NATURE AND SERVICE PROVIDED (CURRENT PRESENTATION) (1) €M ACCORDING TO ACCOUNTING HEADING €M Revenues breakdown: by nature and service provided vs. by accounting heading
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35 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Wealth management revenues Breakdown by main category, €M and % Revenues from services: breakdown Banking fees Breakdown by main category, €M and % Protection insurance revenues Breakdown by main category, €M and % • Strong growth in wealth management revenues yoy in both AuM and life-savings insurance on the back of higher net inflows • Evolution qoq affected by market volatility in March-April; market effects broadly neutral ytd • Life-risk revenues up in the quarter on positive organic trends, with evolution yoy affected by non-recurrent factors • Insurance distribution fees: affected by positive one-off at BPI in 2Q24 (+€16M) → +3.5% 2Q yoy and +4.8% 1H yoy adjusted excluding this impact • Recurrent banking fees yoy mainly driven by lower basic service fees with qoq evolution reflecting gradual stabilisation • Strong growth in wholesale banking fees benefitting from higher CIB activity 2Q25 % yoy % qoq 1H25 % yoy AuM 346 +12.0% -0.6% +13.7% LIFE SAVINGS INSURANCE 137 +12.2% -3.1% +15.8% TOTAL 483 +12.0% -1.3% +14.3% 2Q25 % yoy % qoq 1H25 % yoy LIFE-RISK INSURANCE 188 +1.7% +2.6% +0.7% INSURANCE DISTRIBUTION 100 -11.2% -4.3% -3.2% TOTAL 287 -3.2% +0.1% -0.7% 2Q25 % yoy % qoq 1H25 % yoy RECURRENT BANKING FEES 427 -5.1% +1.2% -3.3% WHOLESALE BANKING FEES 105 +41.7% +32.0% +31.0% TOTAL 532 +1.5% +6.1% +1.5%
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36 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N WEALTH MANAGEMENT 17% 28% 37% Portugal Spain Eurozone PROTECTION INSURANCE % of CaixaBank clients(2) with non-life insurance products(8), by origin Portugal Spain Eurozone 2.8% 3.0% 3.6% (1) In Spain. As of June 2025, based on ICEA and INVERCO (sector data for savings insurance are internal estimates). (2) Individual clients in Spain, by origin. (3) Including mutual funds, pension plans, savings insurance and securities. Note that synergy target for wealth management considers both increasing penetrations and margins. (4) Excluding clients shared by former Bankia network and CABK. (5) CABK clients as of March 2021 (merger date), including those shared with former Bankia. (6) Source: Eurostat. Latest available data (March 2025). (7) In Spain. Based on latest available data from ICEA (June 2025). (8) Includes home, health, dental, and auto insurance as well as other non-life insurance for self- employed. (9) Source: Allianz Global Insurance Report 2025, latest available data (2024). Spanish life-risk insurance market(7): premia in €Bn 3.5 4.0 0.7 1.5 2016 Jun-25 ttm Rest of the market CABK (VidaCaixa) 403 539 111 221 2016 Jun-25 ttm Rest of the market CABK Spanish wealth management market(1): AuMs in €Bn Non-life insurance premia in % of GDP by country or region(9) 17.9% 21.2% 27.2% Mar-21 Jun-25 Jun-25 Clients from former Bankia(4) Other CABK clients(5) % of CaixaBank clients(2) with wealth management products(3), by origin Wealth management products in % of total household savings by country or region(6) 10.8% 15.4% 20.8% Mar-21 Jun-25 Jun-25 Clients from former Bankia(4) Other CABK clients(5) Additional information on wealth management and protection insurance 2016-2025, % +34% Sector ex CABK +99% CABK +14% Sector ex CABK +108% CABK 2016-2025, %
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37 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N 1Q25 % CET1 bridge qoq presented under the current breakdown criteria % CET1 WATERFALL qoq, in % and bps 12.19% 12.46% Dec-24 BIII Mar-25 BIV BIS IV +20 bps Capital accretion(1) +65 bps Organic RWAs (15 bps) (40 bps) (3 bps) Dividend accrual @60% & AT1 coupons Markets & others (1) Includes capital accretion from net income and DTA consumption.
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38 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Additional information on imagin imagin is a digital lifestyle and financial services platform launched by CaixaBank in 2016. It was initially aimed at younger, digitally native customers but it has since evolved into a mobile-first ecosystem that combines banking products with lifestyle content, sustainability initiatives, and exclusive experiences. Through strategic repositioning, imagin has strengthened its brand identity and user engagement, aligning closely with CaixaBank’s digital transformation and ESG goals. As a result, it plays a central role in attracting and retaining fully digital clients and is considered a key lever in the Group’slong-term value creation strategy. FROM AN APP TO FULL BANKING SUITE 2021 2022 2023 2024 2025 • Accounts • Credit/debit cards • Payroll deposits • Mortgages • Student loans • Roboadvisor ‘imagin & invest’ • Neobroker, investment funds • Expanded offering for an increasingly mature and high-potential audience • Dedicated remote manager for high-value customers • Travel debit card • Bizum teens • Personal loans • Life-risk insurance • “Digital” savings • Auto loans • Travel loans KEY FIGURES Jun-25 YE24 % ytd Clients, Million 3.8 3.6 +6% o/w adults 3.0 2.8 +7% Business volume, € Bn 20.0 17.7 +13% o/w customer funds 14.7 13.7 +8% o/w customer loans 5.2 4.0 +31% % NPL 1.1 % 1.1% -3 bps A NEOBANK, WITH A COMPLETE PRODUCT OFFERING − SUPPORTED BY THE LARGEST PHYSICAL FOOTPRINT IN SPAIN
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39 A 1 . 2 Q 2 5 S U P P L E M E N T A R Y I N F O R M A T I O N Sustainability: 1H25 highlights ytd Target ADVANCING TOWARDS A MORE SUSTAINABLE ECONOMY(1) Mobilisation of sustainable finance(2) €21 Bn >€100 Bn 2025-27 Financial income generated by sustainable financing(3) 16.2% 17% 2027 % of high-carbon emission companies (NZBA scope)(4) with whom a dialogue is maintained annually to support and finance their sustainable transition 50.3% 90% 2025-27 PROMOTE SOCIAL AND ECONOMIC PROSPERITY # of people with inclusive solutions promoted by CaixaBank(5) >1.65 M Continuous monitoring of a KPI # of jobs generated with CaixaBank’s support(6) >28,800 150,000 Cumulative 2025-27 # in ranking of listed banks in Spain for senior customers(7) #1 #1 2027 % of customers aged 50-67 years with wealth management products 31% 33% 2027 > TO BE A BENCHMARK IN SUSTAINABILITY Sustainability ratings(8) vs. European peers(9) Above avg. in 5 ratings Above avg. in ≥3 ratings(10) (1) Note that this ambition includes an additional indicator, "Meeting the annual NZBA targets aligned with the 2030 pathways and establishing action plans in case of misalignment“, which is measured annually. (2) Group. Refer to the Appendix (Glossary) for definition. (3) Ex BPI. Based on year-end 2024 data and given the improved quality of available information, the target for 2027 has been revised, now set at 17% (previously 15%). (4) Clients under NZBA perimeter as of 31 December 2024, excluding individual clients, subsidiaries engaged through their parent company, and Project finance-only customers. (5) Includes social accounts, microcredits, users of mobile branches, among other. (6) Jobs generated with support from MicroBank microcredits, students supported by Dualiza, and entrepreneurs supported by “Tierra de Oportunidades”. (7) Based on NPS, last 12 months – Stiga BMKS benchmark, considering banks with market cap >€10 Bn. (8) MSCI, S&P, Sustainalytics, Fitch, and ISS. (9) Peers included in the Eurostoxx Banks Index (SX7E). (10) And, in those where this is not achieved, maintain the rating at YE24. (11) Rating upgraded to a score of 13 as of July 2025, vs. 14.7 in May 2024. (12) In collaboration with National Wealth Fund. OTHER 1H25 HIGHLIGHTS • World’s Best Bank for Sustaining Communities 2025 by Global Finance; Best Bank for Diversity and Inclusion and Best ESG Bank 2025 in Portugal (BPI) by Euromoney • Included in CDP’s 2024 Climate Change A List, as well as in the 2024 Supplier Engagement Rating A List. Sustainalytics ESG rating score improved(11) • €1 Bn green bond issuance; also leading new green financing of >€1.6 Bn(12) for Scottish Power • Agreement between MicroBank and EIF, under InvestEU, aiming to mobilise €750 M in financing for projects by self-employed individuals, entrepreneurs, and micro- enterprises in Spain • Launch of Generación+, a new range of products addressing longevity challenges, with >30,000 employees trained in senior customer service • >€2.6 Bn financing line for those affected by the floods in Andalusia; €383k donation to “Cruz Roja” Response Plan for those affected by the DANA, linked to shareholder participation in the AGM • CaixaBank’s “Social Month” with 18,200 volunteers, has carried out >2,900 activities • CaixaBank AM: 1st Spanish and European investment fund manager to be awarded by EFQM +600 seal 20 25 -20 27 SUSTAINABILITY PLAN : PRIORITIES AND KEY TARGETS Evolution ytd of main KPIs(1) vs. target, 30 June 2025 1. 2.
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40 A 2 . P & L : G R O U P, B Y P E R I M E T E R A N D B Y S E G M E N T Group P&L − €M (1) Equivalent to the sum of “Net fees” and “Insurance service result”. 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 1H25 1H24 Net interest income 2,636 2,646 2,741 2,794 2,791 2,781 5,282 5,572 Revenues from services (1), o/w: 1,303 1,278 1,321 1,225 1,252 1,197 2,581 2,449 Wealth management 483 490 501 456 431 420 973 851 Protection insurance 287 287 285 275 297 282 575 579 Banking fees 532 502 536 494 524 495 1,034 1,019 Other revenues 90 86 18 72 161 (482) 177 (320) Dividends 5 53 1 1 93 5 58 98 Equity accounted 76 72 37 103 65 56 147 121 Trading income 67 69 44 42 76 61 136 137 Other op. income & exp. (57) (108) (64) (73) (73) (604) (165) (677) Revenues 4,030 4,011 4,080 4,092 4,205 3,496 8,040 7,701 Total operating expenses (1,599) (1,580) (1,545) (1,535) (1,520) (1,508) (3,179) (3,028) Pre-impairment income 2,431 2,431 2,535 2,557 2,685 1,988 4,862 4,673 LLCs (178) (195) (332) (238) (218) (268) (372) (487) Other provisions (62) (43) (82) (76) (103) (91) (105) (194) Gains/losses on disposals and other (24) (7) 44 (28) (44) (8) (31) (53) Pre-tax income 2,167 2,186 2,165 2,215 2,320 1,620 4,353 3,939 Income tax (683) (715) (624) (639) (649) (614) (1,399) (1,262) Profit / (loss) after tax 1,484 1,471 1,541 1,576 1,671 1,006 2,955 2,677 Minority interests & other 2 1 2 3 1 1 3 2 Net income 1,482 1,470 1,539 1,573 1,670 1,005 2,951 2,675 Pro memoria Fees 986 962 1,001 923 953 902 1,948 1,855 Insurance service result 317 316 320 302 299 295 633 594
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41 A 2 . P & L : G R O U P, B Y P E R I M E T E R A N D B Y S E G M E N T Income statement by perimeter − €M (1) Equivalent to the sum of “Net fees” and “Insurance service result”. 1H25 % yoy 1H25 CABK % yoy 1H25 BPI % yoy Net interest income 5,282 -5.2% 4,843 -4.7% 439 -10.3% Revenues from services(1), o/w: 2,581 5.4% 2,431 6.6% 150 -10.7% Wealth management 973 14.3% 944 14.7% 29 2.6% Protection insurance 575 -0.7% 553 2.7% 21 -46.5% Banking fees 1,034 1.5% 934 1.6% 99 -0.2% Other revenues 177 98 78 6.5% Dividends 58 -40.6% 2 -96.1% 57 5.5% Equity accounted 147 21.4% 128 38.0% 20 -32.0% Trading income 136 -0.6% 127 5.8% 9 -45.9% Other op. income & exp. (165) -75.7% (158) -75.8% (7) -72.8% Revenues 8,040 4.4% 7,373 5.8% 668 -8.7% Total operating expenses (3,179) 5.0% (2,924) 5.5% (255) -0.7% Pre-impairment income 4,862 4.0% 4,449 6.0% 413 -13.0% LLPs (372) -23.5% (345) -28.5% (28) Other provisions (105) -45.7% (105) -40.2% (0) -98.7% Gains/losses on disposals and other (31) -41.5% (9) -82.6% (21) Pre-tax income 4,353 10.5% 3,990 14.5% 364 -19.9% Income tax (1,399) 10.8% (1,310) 15.3% (89) -29.8% Profit / (loss) after tax 2,955 10.4% 2,680 14.0% 275 -16.0% Minority interests & other 3 3 Net income 2,951 10.3% 2,677 14.0% 275 -16.0% Resultado atribuido al Grupo Pro memoria Fees 1,948 5.0% 1,798 6.6% 150 -10.7% Insurance service result 633 6.5% 633 6.5%
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42 A 2 . P & L : G R O U P, B Y P E R I M E T E R A N D B Y S E G M E N T Income statement by segment − €M (1) Historical data also included Telefonica until its full divestment in June 2024. (2) Capital allocation to these businesses and to investments considers both the consumption of own funds (at 11.5% of RWAs) and the applicable deductions. (3) Equivalent to the sum of “Net fees” and “Insurance service result”. • BANKING AND INSURANCE: including the results from banking, insurance, AM, real estate and ALCO activities, among others, carried out by the Group essentially in Spain. • BPI: including the results of BPI's domestic banking activity, carried out essentially in Portugal. • CORPORATE CENTER: including the stakes allocated to “Investments” segment in previous reporting (BFA, BCI, Coral Homes and Gramina Homes)(1). The results of these stakes net of the cost of financing are included. Additionally, the Group's excess capital is allocated to the Corporate Center, calculated as the difference between the Group's total equity and the capital allocated to Banking and Insurance, BPI and investments in the corporate center(2). The counterpart of the excess capital allocated to the corporate center is liquidity. The operating expenses of each segment include both direct and indirect expenses, which are allocated based on internal criteria. Specifically, expenses of a corporate nature at Group level are assigned to the Corporate Center. SEGMENT REPORTING FROM 1Q22 1H25 % yoy 1H25 % yoy 1H25 % yoy Net interest income 4,786 -5.4% 430 -11.5% 66 Revenues from services(3), o/w: 2,431 6.6% 150 -10.7% Wealth management 944 14.7% 29 2.6% Protection insurance 553 2.7% 21 -46.5% Banking fees 934 1.6% 99 -0.2% Other revenues 113 27 95.4% 36 Dividends 2 30.7% 7 -16.9% 50 -44.0% Equity accounted 142 35.0% 10 -7.4% (5) Trading income 127 5.8% 14 -20.7% (5) Other op. income & exp. (158) -75.8% (3) -86.7% (4) 8.3% Revenues 7,331 6.0% 607 -9.1% 103 -11.7% Total operating expenses (2,889) 5.5% (255) -0.7% (35) 6.5% Pre-impairment income 4,441 6.3% 353 -14.3% 68 -18.9% LLPs (345) -28.5% (28) Other provisions (105) -40.2% (0) -98.7% Gains/losses on disposals & other (24) -54.6% 0 -83.5% (7) Pre-tax income 3,967 14.5% 325 -16.9% 61 -26.3% Income tax (1,303) 14.5% (90) -28.0% (6) Profit / (loss) after tax 2,665 14.5% 235 -11.6% 55 -33.9% Minority interests & other 3 Net income 2,662 14.4% 235 -11.6% 55 -33.9% Pro memoria Fees 1,798 6.6% 150 -10.7% Insurance service result 633 6.5% Bancassurance BPI Corporate center
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43 A 3 . R A T I N G S Credit ratings 30 June 2025 27 March 2025 17 June 2025 20 December 2024 Outlook stable stable stable stable Covered bonds (1) As of 19 November 2024. (2) As of 15 January 2025. (3) As of 10 January 2025. Aa1(1) AA+ Stable(2) AAA(3) SP SNP Tier 2 A3 Baa2 Baa3 A BBB+ BBB A A- BBB A (high) A A (low) Long term Short term A3 A A- P-2 F2 A-1 A (high) R-1 (middle) Debt instrumentsIssuer Rating -
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44 A 4 . C A I X A B A N K G R O U P K E Y F I G U R E S CaixaBank Group key figures 2Q25 LEADING BANCASSURANCE FRANCHISE IN SPAIN + PORTUGAL FINANCIAL STRENGTH SUSTAINABLE AND RESPONSIBLE BANKING Clients (Total, in Million) 21 Total assets (€ Bn) 660 Customer funds (€ Bn) 718 Customer loans and advances (gross, € Bn) 378 Market share in loans to individuals and non-financial businesses(1) (%) 24% Market share in deposits from individuals and non-financial businesses(1) (%) 25% Market share in mutual funds(1) (%) 23% Market share in pension plans(1) (%) 34% Market share in savings insurance(1) (%) 38% Market share in Credit/Debit card turnover(1) (% ) 31% (1) In Spain. As of June 2025. June 2025 sector data for savings insurance are internal estimates. (2) Ratios based on management criteria. Regulatory CET1 and Total Capital ratios at 12.25% and 16.65%, respectively. (3) Based on management criteria. Regulatory MDA buffer at 357 bps. (4) Based on management criteria and PF including €2.6Bn SNP issued in July 2025. Regulatory % MREL PF at 28.02% and reported regulatory % MREL at 26.95%. Net income (1H25, €M) 2,951 Non-performing loan ratio (%) 2.3% NPL coverage ratio (%) 70% % LCR (eop) 217% % NSFR (eop) 150% CET1(2) (% over RWAs) 12.5% Total capital(2) (% over RWAs) 16.9% MDA buffer(3) (bps) 379 MREL PF(4) (% over RWAs) 28.2% DJSI - S&P Global 86/100 CDP A List Sustainable Fitch 2 MSCI ESG ratings AA ISS ESG QualityScore: E I S I G 1 I 1 I 1
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45 A 5 . G L O S S A R Y Term Definition ABS Asset-backed security. AC Amortised cost. ALCO Asset – Liability Committee. Affordability ratio Monthly mortgage instalment over monthly income flows. AGM Annual General Meeting. AI / GenAI Artificial Intelligence / Generative Artificial Intelligence. Asset encumbrance Encumbered assets/Total assets plus collateral received. AT1 Additional Tier 1. AuM / AM Includes mutual funds, managed portfolios, SICAVs, pension plans and some unit linked products at BPI that are not affected by IFRS 17/9. Avg. Average. Banking fees Sum of recurrent banking fees and wholesale banking fees. BCI Banco Comercial e de Investimentos. BFA Banco de Fomento Angola. B III / IV Basel III / IV. BoD Board of Directors. bps Basis points. Business volume Client funds plus loans or performing loans. BVPS Book Value per share. Quotient between equity less minority interests divided by the number of outstanding shares at a specific date. Glossary (I/IV) In addition to the financial information prepared in accordance with International Financial Reporting Standards (IFRS), this document includes certain Alternative Performance Measures (APMs) as defined in the guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority on 5 October 2015 (ESMA/2015/1415). CaixaBank uses certain APMs, which have not been audited, for a better understanding of the company's financial performance. These measures are considered additional disclosures and in no case replace the financial information prepared under IFRS. Moreover, the way the Group defines and calculates these measures may differ to the way similar measures are calculated by other companies. Accordingly, they may not be comparable. ESMA guidelines define an APM as a financial measure of historical or future performance, financial position, or cash flows, other than a financial measure defined or specified in the applicable financial reporting framework. In accordance with these guidelines, following is a list of the APMs used along with a glossary for abbreviations and other. Refer to the Quarterly Financial Report for additional information on APMs and a reconciliation between certain management indicators and the indicators presented in the consolidated financial statements prepared under IFRS. Term Definition CAGR Compound Annual Growth Rate. CET1 Common Equity Tier 1. C/I ratio Cost-to-income ratio. CIB Corporate and Institutional Banking. CNMV Comisión Nacional del Mercado de Valores (Spain). Commercial gap Deposits minus loans. Consumer loans (Group) Unsecured loans to individuals, excluding those for home purchases. Includes personal loans, as well as revolving credit card balances excluding float. CoR Cost of risk. Total allowances for insolvency risk (ttm) divided by gross average lending plus contingent liabilities, using management criteria. Core revenues Sum of NII, Wealth management revenues, Protection revenues, Banking fees and Equity accounted income from insurance investments. Customer spread Difference between average rate of return on loans (annualised income for the quarter from loans and advances divided by the net average balance of loans and advances for the quarter); and average rate for retail deposits (annualised quarterly cost of retail deposits divided by the average balance of those retail deposits for the quarter, ex subordinated liabilities). Deposits & other Deposits (including retail securities issuances), Other funds and Other managed resources. DFR Deposit facility rate. DPS Dividend per share. DTA Deferred tax assets. €Bn ǀ €M Billion euros ǀ Million euros. €STR Euro Short Term Rate.
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46 A 5 . G L O S S A R Y Term Definition E12M Euribor 12 months. ECB European Central Bank. EOP End of period. EPS Earnings per share. Quotient between profit/(loss) attributed to the Group and the average number of shares outstanding. Equity accounted Share of profit/(loss) of entities accounted for using the equity method. ESG Environmental, Social, and Governance. EIF European Investment Fund. EU European Union. Eq. Equivalent. Ex. / Excl. Abbreviation of excluding. FB / BB Front Book / Back Book. FL Fully loaded. FV Fair Value. FX Foreign exchange. FY Fiscal year. Gains / losses on disposals & others Gains/losses on de-recognition of assets and others. Includes the following line items: Impairment/(reversal) of impairment on investments in joint ventures or associates; impairment/(reversal) of impairment on non-financial assets; Gains/(losses) on derecognition of non-financial assets and investments, net; Negative goodwill recognised in profit or loss; Profit/(loss) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations, net. GDP Gross Domestic Product. HQLAs High quality liquid assets. ICO Instituto de Crédito Oficial. Spain. INE Instituto Nacional de Estadística. Spain. Glossary (II/IV) Term Definition Insurance service result It includes the accrual of the margin on savings insurance contracts, as well as on Unit Linked products, and the recognition of income and expenses from claims corresponding to short term risk insurance. For the entire insurance business, this line item is reported net of expenses directly attributable to the contracts. JPY Japanese Yen currency. #K # Thousand. KPI Key Performance Indicator. LCR Liquidity coverage ratio. Leverage ratio Quotient between Tier 1 capital and total assets, including contingent risk and commitments weighted and other adjustments. Liquidity sources Includes total liquid assets (i.e. HQLAs and eligible available assets ex HQLAs) plus covered bond issuance capacity. LLCs / LLPs Loan-loss charges / Loan-loss provisions. LTD Loan to deposits: quotient between net loans and advances to customers using management criteria excluding brokered loans (funded by public institutions); and customer deposits on the balance sheet. LTV Loan to Value. M Million. M-MDA buffer Maximum Distributable Amount related to MREL. M/T Medium Term. MDA buffer Maximum Distributable Amount buffer. Mgmt. Management. MREL Minimum Requirement for own funds and eligible liabilities to absorb losses, includes instruments eligible for total capital, senior debt non-preferred, senior debt preferred and other instruments ranking pari-passu with the latter, at Single Resolution Board’s criteria. MSD Mid-single-digit.
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47 A 5 . G L O S S A R Y Definition Net fees and commissions Net fee and commission income. (+) Fee and commission income; (-) fee and commission expenses. New lending New mortgages, consumer and business loans in Spain. NFC Non-financial corporation. NII Net interest income. Under IFRS 17, it continues to consider revenues from financial assets affected by the insurance business, but at the same time, accounts for a cost derived from interests which come from the capitalisation of the new insurance liabilities at an interest very similar to the asset acquisition performance rate. The difference between those revenues and costs it is not significant. The margin from savings insurance contracts is accounted for in “Insurance service result”. NII from business volume, qoq Evolution qoq of NII from growth in loans and deposits. NII from loan growth calculated as the change in average loan balances multiplied by the spread between the average loan yield and the average cost of liquidity (i.e. the DFR). NII from deposit growth calculated as the change in average deposit volumes multiplied by the spread between the average DFR and the average cost of deposits. Excludes structural hedges (included in NII from ALCO). NIM Net interest margin, also balance sheet spread, difference between average rate of return on assets (annualised interest income for the quarter divided by total average assets for the quarter); and average cost of funds (annualised interest expenses for the quarter divided by total average funds for the quarter). NPL coverage ratio Quotient between total credit loss provisions for loans to customers and contingent liabilities, using management criteria; and non-performing loans and advances to customers and contingent liabilities, using management criteria. NPL ratio Non-performing loan ratio. Non-performing loans and advances to customers and contingent liabilities, using management criteria over gross loans to customers and contingent liabilities, using management criteria. NPL stock / NPLs Non-performing loans including non-performing contingent liabilities. NPS Net promoter score indicator. NSFR Net stable funding ratio. NZBA Net Zero Banking Alliance. OCI Other Comprehensive Income. Glossary (III/IV) Term Definition ORI Other Relevant Information. O-SII buffer Other systemically important institution. P# Abbreviation of Peer #. P&L Profit and Loss Account. P2R Pillar 2 Requirement. Payout Payout ratio. Quotient between dividends; and profit attributable to the Group. Performing loan book Total loans and advances to customers less non-performing loans and advances, using management criteria. PF Pro Forma. Pp Percentage points. PoS Point of sale terminal. Pre-impairment income Pre-provision profit / pre-impairment income includes: (+) Revenues; (-) Operating expenses. Protection revenues / Prot. Rev. / Protection Protection insurance revenues, including insurance service result from life-risk insurance and insurance distribution fees. Q Quarter. RE Real Estate. REV. Revenues. RoRWA Return on Risk-Weighted Assets. RoTE Return on tangible equity. Profit attributable to the Group trailing 12 months (adj. by AT1 coupon, registered in shareholder equity) over 12-month average shareholder tangible equity plus valuation adjustments. RWAs Risk Weighted Assets. SBB Share Buy-Back. Serv. Services SME Small and medium enterprises.
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48 A 5 . G L O S S A R Y Term Definition SNP Senior non preferred debt. SP Senior preferred debt. SREP Supervisory Review and Evaluation Process. SSA Sovereign, supra-national, and agencies. Sub. MREL Subordinated MREL: Minimum Requirement for own funds and Eligible Liabilities to absorb losses, includes instruments eligible for total capital and senior debt non-preferred. TLCF Tax loss carry-forward. Total operating expenses/costs Include the following items: administrative expenses; depreciation and amortisation and extraordinary expenses. Total protection insurance premia Includes VidaCaixa life-risk premia plus SegurCaixa Adeslas non-life premia sold through the bancassurance network. Presented on an annualised basis. Sustainable finance mobilisation The cumulative sustainable finance mobilisation in the 2025–2027 period is the sum of: (i) new production of sustainable financing to individuals and companies across Retail, Business, CIB, MicroBank, CPC and BPI, where the amount considered corresponds to the formalised risk limit of each transaction, including long-term, working capital and guarantee exposures, and also covers novated and tacit or explicit renewals; and (ii) sustainable intermediation through the channelling of third-party funds into sustainable investments, including: a) CaixaBank’s share in the placement of sustainable bonds issued by clients; b) the net increase, excluding market effects, in assets under management in equity and corporate fixed income products by CaixaBank Asset Management under MiFID II; c) the gross increase, excluding market effects, in sustainable assets under management by VidaCaixa under SFDR; d) intermediation of sustainable funds from third-party managers under SFDR; and e) intermediation in electric or hybrid vehicle leasing. The eligibility criteria are defined in CaixaBank’s Sustainable and Transition Finance Eligibility Guide, developed with the support of Sustainalytics. TEF Telefónica, S.A.. Glossary (IV/IV) Term Definition TGSS Tesorería general de la seguridad social. Spain. TLCF Tax loss carry-forward. Total operating expenses/costs Include the following items: administrative expenses; depreciation and amortisation and extraordinary expenses. Total protection insurance premia Includes VidaCaixa life-risk premia plus SegurCaixa Adeslas non-life premia sold through the bancassurance network. Presented on an annualised basis. Trading income Gains/(losses) on financial assets and liabilities. Includes the following line items: Gains/(losses) on de-recognition of financial assets and liabilities not measured at fair value through profit or loss, net; Gains/(losses) on financial assets not designated for trading that must be designated at fair value through profit or loss, net; Gains/(losses) on financial assets and liabilities held for trading, net; Gains/(losses) from hedge accounting, net; Exchange differences, net. ttm Trailing 12 months. US United States of America. WM/ Wealth mgmt./ Wealth management balances Includes customer funds in mutual funds, managed portfolios and SICAVs; pension plans; and insurance funds (on and off-balance sheet). WM / Wealth mgmt. / Wealth management Revenues Includes AuM fees and insurance service result from savings insurance and unit linked. Wealth: net inflows Includes inflows into wealth management products (mutual funds, managed portfolios and SICAVs; pension plans; and insurance funds, on and off-balance sheet). Y / YE Year / Year-end. YoY Year-on-year. YTD Year-to-date.
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