CaixaBank extended Google Cloud deal while CaixaBank stock held at EUR 11.98

Published on 10/12/2026 at 09:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CaixaBank had extended its Google Cloud deal through 2033 and will deploy Gemini Enterprise. CaixaBank stock was trading at EUR 11.98 on October 12, 2026 in trading.

Key points in brief

CaixaBank had extended its Google Cloud agreement through 2033 and will deploy Gemini Enterprise.
The bank reported EUR 1.631 billion in second-quarter net income, up 10.00 percent year over year.
CaixaBank stock was trading at EUR 11.98 at Lang & Schwarz on October 12, 2026 at 9:44 a.m. CEST.
Third-quarter results are scheduled for October 29, 2026.

Architektur-Render einer gläsernen Finanzzentrale bei Dämmerung mit Vorplatz — Architektur-Render einer gläsernen Bankzentrale symbolisiert CaixaBank S.A. (ISIN ES0140609019) als führende spanische Finanzinstitution, Illustration mit AI erstellt.

CaixaBank (ISIN ES0140609019) was trading at EUR 11.98 at Lang & Schwarz on October 12, 2026 at 9:44 a.m. CEST. The bank had announced on October 9 that it extended its Google Cloud agreement through 2033 and would deploy Gemini Enterprise, adding a concrete technology milestone to a year in which second-quarter net income reached EUR 1.631 billion, up 10.00 percent year over year.

Three dates define the story

On July 29, 2026, CaixaBank reported second-quarter net income of EUR 1.631 billion, up 10.00 percent year over year, according to the Yahoo Finance transcript of the results presentation.

On October 5, 2026, Citi lowered its CaixaBank price target from EUR 14.00 to EUR 13.60 while keeping a Buy rating, Markets Insider reported.

On October 9, 2026, CaixaBank announced that its expanded Google Cloud collaboration would run through 2033 and include Gemini Enterprise, according to Yahoo Finance.

What does the deal change?

The agreement covers data analytics, agentic artificial intelligence, hybrid infrastructure, security and workforce training. Gemini Enterprise is designed to help CaixaBank teams synthesize complex financial information, automate routine tasks and improve operational decision-making.

The technology announcement has a measurable operating backdrop. In the second quarter of 2026, net interest income increased 3.50 percent year over year to EUR 2.729 billion, while return on tangible equity stood at 18.00 percent, according to Capital.com. The same report said first-half net income rose 8.50 percent to EUR 3.203 billion.

Results date sets the next test

CaixaBank is scheduled to publish third-quarter 2026 results on October 29, 2026, according to Capital.com. That report will give investors a fresh measure of whether lending growth, service revenue and profitability are continuing to offset pressure from changing interest rates.

CaixaBank stock was trading at EUR 11.98 at Lang & Schwarz on October 12, 2026 at 9:44 a.m. CEST. The primary BME listing had a 52-week range of EUR 8.57 to EUR 13.56 and a market capitalization of EUR 83.3 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of CaixaBank stock.