Oct 30, 2024 / 08:30AM GMT
Operator
Good morning and thank you for attending Unicaja third quarter sales presentation. First, let me confirm you that today before market opened, we have published this presentation and the rest of the financial information in the CNNV and our corporate website, Pablo Gonzalez, our Chief Financial Officer will go through the slides and then we will move to the Q&A. Pablo whenever you want.
Pablo Gonzalez Martin - Unicaja Banco SA - Chief Financial Officer
Thank you, (inaudible) and good morning to everyone. I will start in slide 4 with the main highlights of the quarter. Regarding business activity during the third quarter, the commercial activity, gradual improvement has continued.
Total customer funds are growing by 3.6% year-on-year and of balance sheet funds, almost 7%.Performing loans fell in the quarter. However, if we exclude the seasonal impact from the pension advances, private sector performing loans were flat for second quarter in a row. Profitability has continued improving during this quarter again. Banking margin grows by 18% in the first
Q3 2024 Unicaja Banco SA Earnings Call Transcript
Oct 30, 2024
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