Bankinter S.A.

Bankinter is the parent company of a group engaged in banking activities. Services provided include: investment banking; capital market services; financial services insurance; international services such as foreign exchange transactions and travelers' checks; wholesale corporate banking; and retail and private banking services. Co. offers its products and services through the following channels of distribution: branch network; telephone banking, interactive (software) banking; agents; and Internet banking. As of Dec 31 2014, Co. had assets totalling Euro57,332,974,000 and deposits totalling Euro29,966,129,000.
  • TickerBKT
  • ISINES0113679I37
  • ExchangeMadrid Stock Exchange
  • SectorBanks
  • CountrySpain
Esther Castro

BANKINTER: MENSAJES DE LA CONFERENCE CALL RDOS. 2T’20 (ANÁLISIS BANCO SABADELL)

 El foco de atención ha estado en el repunte del CoR este 2T’20 hasta referencias totales de c. 140 p.b. vs 70 p.b. de guidance’20 de cierre de año (el cual mantienen en la banda alta del rango de entre 50 p.b. y 70 p.b.). La Compañía ha indicado que prefiere adelantar la práctica totalidad del impacto en este trimestre, una vez que ha actualizado el escenario macro base del Banco de España. Esto es una caída de PIB en España de -11,6% en 2020 y una recuperación del +9,1% en 2021. Así, y basándonos en el escenario de sensibilidad de la Compañía de que cada caída de -100 p.b. de PIB, las provi...

Esther Castro

BANKINTER: 2Q’20 RESULTS (ANÁLISIS BANCO SABADELL)

2Q’20 vs. 2Q’19 Results N.I.I.: € 304.62 M (+4.1% vs. +6.2% BS(e) and +3.9% consensus); Total Revenues: € 426.95 M (-14.5% vs. -16.2% BS(e) and -20.1% consensus); Operating Profit: € 222.45 M (-5.8% vs. -6.4% BS(e) and -15.7% consensus); Net Profit: € -21.15 M (€ 164.02 M in 2Q’19 vs. € 59.41 M BS(e) and € 62.0 M consensus); 2Q’20 vs. 1Q’20 Results N.I.I.: € 304.62 M (-1.0% vs. +0.9% BS(e) and -1.2% consensus); Total Revenues: € 426.95 M (-2.1% vs. -4.1% BS(e) and -8.5% consensus); Operating Profit: € 222.45 M (-10.0% vs. -10.6% BS(e) and -19.5% consensus); Net Profit: € -21.15 M (130.29 in 1Q...

Esther Castro

BANKINTER: RDOS. 2T’20 (ANÁLISIS BANCO SABADELL)

Rdos. 2T'20 vs 2T'19: M. Intereses: 304,62 M euros (+4,1% vs +6,2% BS(e) y +3,9% consenso); M. Bruto: 426,95 M euros (-14,5% vs -16,2% BS(e) y -20,1% consenso); M. Neto: 222,45 M euros (-5,8% vs -6,4% BS(e) y -15,7% consenso); BDI: -21,15 M euros (164,02 M euros en 2T'19 vs 59,41 M euros BS(e) y 62,0 M euros consenso). Rdos. 2T'20 vs 1T'20: M. Intereses: 304,62 M euros (-1,0% vs +0,9% BS(e) y -1,2% consenso); M. Bruto: 426,95 M euros (-2,1% vs -4,1% BS(e) y -8,5% consenso); M. Neto: 222,45 M euros (-10,0% vs -10,6% BS(e) y -19,5% consenso); BDI: -21,15 M euros (130.287161165768 en 1T'20 vs 59,...

Research Department

INFORME DIARIO 23 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ARCERLOR MITTAL, CELLNEX, GLOBAL DOMINION, IAG, PROSEGUR. EUROPA: DAIMLER, NOKIA Resaca después del acuerdo Caídas en los principales selectivos europeos en torno al -1% después de las subidas protagonizadas por la aprobación del acuerdo. En el Euro STOXX todos los sectores cerraron en negativo salvo Servicios Financieros e Inmobiliario, con Media y Energía presentando el peor comportamiento relativo. Por el lado macro, en Europa, desde el BCE C. Lagarde reconoció que el acuerdo pudo haber sido mejor. En EE.UU. las ventas de viviendas de segunda ...

Research Department

IBERIAN DAILY 23 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ARCERLOR MITTAL, CELLNEX, GLOBAL DOMINION, IAG, PROSEGUR. MARKETS YESTERDAY AND TODAY Stock market hangover following the EU deal After rallying on the approval of the recovery fund deal, the main European indices fell by around -1%. Within the Euro STOXX all sectors closed in the red, save for Financial Services and Real Estate, with Media and Energy being the worst relative performers. On the macro side, in Europe, from the ECB, C. Lagarde admitted that the agreement could have been improved. In the US, second-hand home sales increased as expected. In Mexico, May’s retail sa...

Matthieu DRIOL

Short term view - BANKINTER : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €7.079. The background trend would be questioned should prices rise above €8.286.

Matthieu DRIOL

Analyse court terme - BANKINTER : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 7,079 €. La tendance de fond serait remise en cause en cas de franchissement de 8,286 €.

Matthieu DRIOL

Analyse court terme - BANKINTER : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 7,079 €, puis 6,734 €. Le franchissement de 8,286 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - BANKINTER : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €7.079, then €6.734. Passing €8.286 would question the continuation of the fall.

Matthieu DRIOL

Analyse moyen terme - BANKINTER : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

Bankinter Sa: 1 director bought

A director at Bankinter Sa bought 7,800 shares at 3.860EUR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Esther Castro

BANKINTER: MENSAJES DE LA CONFERENCE CALL RDOS. 2T’20 (ANÁLISIS BANCO SABADELL)

 El foco de atención ha estado en el repunte del CoR este 2T’20 hasta referencias totales de c. 140 p.b. vs 70 p.b. de guidance’20 de cierre de año (el cual mantienen en la banda alta del rango de entre 50 p.b. y 70 p.b.). La Compañía ha indicado que prefiere adelantar la práctica totalidad del impacto en este trimestre, una vez que ha actualizado el escenario macro base del Banco de España. Esto es una caída de PIB en España de -11,6% en 2020 y una recuperación del +9,1% en 2021. Así, y basándonos en el escenario de sensibilidad de la Compañía de que cada caída de -100 p.b. de PIB, las provi...

Esther Castro

BANKINTER: 2Q’20 RESULTS (ANÁLISIS BANCO SABADELL)

2Q’20 vs. 2Q’19 Results N.I.I.: € 304.62 M (+4.1% vs. +6.2% BS(e) and +3.9% consensus); Total Revenues: € 426.95 M (-14.5% vs. -16.2% BS(e) and -20.1% consensus); Operating Profit: € 222.45 M (-5.8% vs. -6.4% BS(e) and -15.7% consensus); Net Profit: € -21.15 M (€ 164.02 M in 2Q’19 vs. € 59.41 M BS(e) and € 62.0 M consensus); 2Q’20 vs. 1Q’20 Results N.I.I.: € 304.62 M (-1.0% vs. +0.9% BS(e) and -1.2% consensus); Total Revenues: € 426.95 M (-2.1% vs. -4.1% BS(e) and -8.5% consensus); Operating Profit: € 222.45 M (-10.0% vs. -10.6% BS(e) and -19.5% consensus); Net Profit: € -21.15 M (130.29 in 1Q...

Esther Castro

BANKINTER: RDOS. 2T’20 (ANÁLISIS BANCO SABADELL)

Rdos. 2T'20 vs 2T'19: M. Intereses: 304,62 M euros (+4,1% vs +6,2% BS(e) y +3,9% consenso); M. Bruto: 426,95 M euros (-14,5% vs -16,2% BS(e) y -20,1% consenso); M. Neto: 222,45 M euros (-5,8% vs -6,4% BS(e) y -15,7% consenso); BDI: -21,15 M euros (164,02 M euros en 2T'19 vs 59,41 M euros BS(e) y 62,0 M euros consenso). Rdos. 2T'20 vs 1T'20: M. Intereses: 304,62 M euros (-1,0% vs +0,9% BS(e) y -1,2% consenso); M. Bruto: 426,95 M euros (-2,1% vs -4,1% BS(e) y -8,5% consenso); M. Neto: 222,45 M euros (-10,0% vs -10,6% BS(e) y -19,5% consenso); BDI: -21,15 M euros (130.287161165768 en 1T'20 vs 59,...

Research Department

INFORME DIARIO 23 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ARCERLOR MITTAL, CELLNEX, GLOBAL DOMINION, IAG, PROSEGUR. EUROPA: DAIMLER, NOKIA Resaca después del acuerdo Caídas en los principales selectivos europeos en torno al -1% después de las subidas protagonizadas por la aprobación del acuerdo. En el Euro STOXX todos los sectores cerraron en negativo salvo Servicios Financieros e Inmobiliario, con Media y Energía presentando el peor comportamiento relativo. Por el lado macro, en Europa, desde el BCE C. Lagarde reconoció que el acuerdo pudo haber sido mejor. En EE.UU. las ventas de viviendas de segunda ...

Research Department

IBERIAN DAILY 23 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ARCERLOR MITTAL, CELLNEX, GLOBAL DOMINION, IAG, PROSEGUR. MARKETS YESTERDAY AND TODAY Stock market hangover following the EU deal After rallying on the approval of the recovery fund deal, the main European indices fell by around -1%. Within the Euro STOXX all sectors closed in the red, save for Financial Services and Real Estate, with Media and Energy being the worst relative performers. On the macro side, in Europe, from the ECB, C. Lagarde admitted that the agreement could have been improved. In the US, second-hand home sales increased as expected. In Mexico, May’s retail sa...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 09/01/2020 - Bankinter

Bankinter (Achat) : RN de €551m en hausse de +4,6% en 2019 Italie : Démission du chef du mouvement 5 Etoiles, Luigi Di Maio   Ford (Achat) : Annonce une charge d'~$2,2 mds avant impôts au T4-19 liée aux retraites Seb (Achat) : CA de €7,35 mds (+8,0%, et +5,8% en organique) en 2019 Daimler (Conserver) : Pénalisé par les procédures judiciares, prévoit un EBIT de €5,6 mds (-49,5%) en 2019 Bombardier (Achat) et Alstom (Conserver) pourraient rapprocher leurs activités ferroviaires ESG - Moody's : La hausse du niveau de la mer aura des implicat...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 20/12/2019 - High Yield market - EN

High Yield Market: Low Default Rate And Exceptional Performance In 2019 Goldman Sachs (M/P): Potential $2bn Fine In 1MDB Case Intesa Sanpaolo (O/P): Sale of Its Payment Unit To NEXI (O/P) For €1bn BBVA (O/P): Impairment Charge of $1.5bn For Its US Operations Glencore (M/P): Acquisition of Orsted's Liquefied Natural Gas Business (O/P) Thyssenkrupp (O/P): Investment Plan of €800m/Year Until 2026 Wind Hellas: Fitch Affirms Its B Rating And Revises Outlook To Negative

BANKINTER SA sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of BANKINTER SA (ES), active in the Money Center Banks industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 7, 2020, the closing price was EUR 4.32 and its target price was estimated at EUR 3.15.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Bankinter - AGM 19 March 2020

In item 7, the Board proposes to approve the distribution in kind to the shareholders of 82.6% of the shares of Línea Directa Aseguradora ("LDA"), an insurance company fully owned by Bankinter. The transaction was announced in December 2019, and it aims to separate the direct insurance business from Bankinter's banking business.  After the completion of the transaction, which is expected in the third quarter of 2020, Bankinter will maintain 17.4% of the share capital and, subject to authorisation, LDA shares will be listed on the Spanish stock exchanges. All LDA shares are of the same class an...

Expert Corporate Governance Service (ECGS)

Bankinter, March 21 2019

In item 6.5, the Board proposes to increase the number of Board members from 10 to 12, to allow the appointment of 2 independent Directors: Mr. Álvaro Álvarez-Alonso Plaza (item 6.1) and Ms. María Luisa Jordá Castro (item 6.2). After the AGM, the independent representation will increase from 30% to 42% according to our guidelines  (from 50% to 58% as per the Company's self-assessment). Also taking into account the professional background of the candidates, we recommend that shareholders approve their appointment. In item 10.1, the Board proposes to approve a new remuneration policy for the 20...

Bankinter – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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