Caixa Ontinyent Allocates 3.8 Million Euros to Social Work Amidst Record Profits

The financial institution approves its 2025 accounts with a 22% net profit increase, strengthening capitalization and social initiatives.

Generic image of money and finance.
IA

Generic image of money and finance.

Caixa Ontinyent has approved its 2025 fiscal year accounts, reporting a net profit of 13.8 million euros, a 22% increase from the previous year, and will allocate 3.8 million euros to social work.

The ordinary general assembly of Caixa Ontinyent, attended by 65% of its members, has greenlit the accounts for the 2025 fiscal year. These show a pre-tax profit of 17.0 million euros, representing a 12% increase compared to the previous year. After tax payments, amounting to 3.2 million euros, the net profit reaches 13.8 million euros, up 22%.
The distribution of these profits will strengthen the entity's capitalization, with 80% allocated to reserves. Simultaneously, social work initiatives are boosted, receiving 20% of the budget, raising it to 3.8 million euros. Business volume reached 2,802 million euros, a 5% growth, while the non-performing loan ratio decreased to 1.81%, with a coverage of 107.75%.
Regarding the current fiscal year's performance, data from April 2026 indicates a positive growth dynamic. Customer resources have increased by 1.74% year-on-year, reaching 1,188 million euros, and total investment grew by 6.35%, standing at 1,446 million euros. Notable is the rise in financing for businesses and housing access, with increases of 10.22% and 16.80% respectively.
The general assembly also approved the strategic lines for the year, focusing on people and sustainability. These include enhancing customer management and experience, blending in-person service with digital channels, and maintaining a solid financial position. The aim is also to foster a more agile operational model, strengthen innovation, expand the brand into new territories, and ensure sustainable growth.
Technological development, operational resilience, and investment in human capital are fundamental pillars, alongside adapting the organizational model towards more flexible structures. Social work, with a consolidated budget of 3.8 million euros, will enhance its impact on the territory through initiatives in education, training, sustainability, and support for vulnerable groups.