The ordinary General Assembly of Caixa Ontinyent has greenlit the annual accounts for the past fiscal year, reflecting unprecedented financial strength. The entity, the only savings bank in Valencia, closed its balance sheet with a net profit of 13.8 million euros, marking a 22% increase compared to the previous year. Profit before tax stood at 17 million euros, up 12%.
With 65% of its general council members in attendance, the Assembly approved a strategic profit distribution: 80% will be allocated to reserves to bolster the entity's solvency, while the remaining 20% will enhance its Social Work initiatives, raising its budget to 3.8 million euros.
Caixa Ontinyent's business volume neared 2.802 billion euros by the end of the fiscal year, a 5% increase. Its risk management ratios stand out for their excellence: the non-performing loan rate has decreased to a historic 1.81% with a coverage of 107.75%, and the CET1 capital ratio climbed to 24.46%, well above the legally required levels.
In the first four months of 2026, the entity maintains year-on-year growth in total investment of 6.35% (1.446 billion euros) and customer resources of 1.74% (1.188 billion euros). Within these figures, business financing has grown by 10.22% and housing access has surged by 16.80%.
Operating profit (before provisions) for the start of the year reached 6 million euros, a 14.43% increase. Caixa Ontinyent aims to evolve its proximity banking model, balancing digital services with accessible, human face-to-face support, while streamlining its operational processes.
The 3.8 million euro injection into Social Work will fund impactful projects in the region. The most significant will be the institutional collaboration of the Caixa Ontinyent Foundation to realize the future Faculty of Veterinary Medicine of the University of Valencia (UV) at the Ontinyent Campus.
