Sabadell and CaixaBank are the banks that most condition the bonus; Bankinter, the one that least does so.
BBVA prima las empresas, Unicaja usa indicadores sintéticos y Santander simplifica, pero la rentabilidad es el indicador estrella de la retribución variable. Leer
Spanish banks use different formulas to evaluate the variable remuneration of their top executives. Santander, BBVA, CaixaBank, Sabadell, Bankinter, and Unicaja have distinct approaches, with Sabadell having the most conditioned annual bonus, requiring executives to meet nine conditions, which can increase to 11 in the final calculation.
The return on tangible equity (ROTE) is a key metric for most banks, except Bankinter, which uses other indicators. In 2023, all banks paid their executives a bonus, with Santander being the most generous, paying 145% of the target variable remuneration.
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.
