CaixaBank captures 56% of all banks earn in insurance
Bancassurance contributed more than 20% to total banking profit in 2025 with the result of its insurance subsidiaries and commissions from the sale of policies.
CaixaBank's insurance business generated a profit of 1.486 billion euros in 2025, accounting for 56% of the total profit of the 13 largest banks in Spain, which was 2.639 billion euros. This represents a 13.5% increase from the previous year. The banking sector's insurance business contributed around 12% to their total results, which could rise to 20-25% when including commissions.
CaixaBank, BBVA, and Santander are among the banks with significant insurance businesses, partnering with companies such as VidaCaixa, Mutua Madrileña, Aegon, and Mapfre.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
