Spain · Delayed Price · Currency is EUR Bankinter Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 saw strong, profitable growth with net profit up 7.6% year-over-year and ROTE at 20%. Asset quality and efficiency remain robust, with strategic expansion in Alternative Investments and stable guidance for 2026.
Fiscal Year 2025
-
Record net profit of EUR 1,090 million in 2025, up 14% year-over-year, driven by diversified growth, strong fee income, and digital transformation. Efficiency ratio improved to 36%, with ROTE at 20% and robust asset quality. 2026 guidance targets continued growth and stable margins.
-
Q3 2025 saw net profit rise 11% year-over-year to EUR 812 million, with strong growth across all regions and business lines, improved efficiency, and robust asset quality. Double-digit fee growth and stable margins are expected to continue, with cost of risk and capital ratios remaining strong.
-
First half 2025 saw strong growth in customer volumes, fee income, and net profit, with robust performance across Spain, Portugal, and Ireland. Cost control, digital transformation, and prudent risk management supported a ROTE above 19% and a CET1 ratio of 12.57%.
-
Q1 2025 saw robust growth in customer volumes, net income, and profitability, with strong fee income offsetting NII pressure and cost-to-income ratio improving to 36.7%. Outlook remains positive for loan growth, resilient margins, and high single-digit fee growth, despite market volatility and limited exposure to tariff-impacted sectors.
Fiscal Year 2024
-
Record net income of EUR 953 million (+13% YoY) driven by strong loan, deposit, and fee growth, with ROE at 17.9% and cost-to-income at 36%. Outlook for 2025 is positive, targeting further growth in loans, fees, and efficiency, despite expected margin compression.
-
Delivered 7% net profit growth year-on-year, driven by strong loan, deposit, and fee income expansion, with robust asset quality and efficiency. Outlook remains positive for loan and fee growth, though NII faces some rate-driven volatility.
-
Net profit rose 13% year-over-year to €473 million, driven by strong loan, deposit, and fee growth across all geographies. Efficiency improved, with cost-to-income at 36.6% and CET1 at 12.44%. Guidance for 2024 upgraded, expecting continued growth and resilient margins.