CAIXY Caixabank (PK)

MADRID--Spain's Caixabank SA (CABK.MC) Thursday said first-quarter net profit multiplied by seven compared with the same period a year ago, due to extraordinary gains.

MAIN FACTS: 
 

--January-March net profit rose to 335 million euros from EUR48 million a year earlier.

--Loan-loss provisions rose to EUR1.95 billion from EUR960 million, but were more than offset by extraordinary gains of EUR2.22 billion, compared with EUR74 million in the first quarter of 2012.

--Net interest income rose 12% to EUR992 million, the bank said.

--Caixabank's non-performing loans ratio rose to 9.4%, up from 5.3% a year earlier.

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