Report
Benoit Valleaux ...
  • Steven Gould

Bankinter : A solid Q2 2022 and a confident message...for the time being!

>A solid quarter due to a visible impact from the Ukraine crisis - Bankinter has reported broadly solid Q1 2022 figures on the operational front with net profit of € 117m (+5% vs consensus) – the performance was essentially driven by favourable momentum on “core” revenue (NII +5% and fees +3% vs cons.) and lower provisions than expected (-19% vs cons.). At this stage, the group is reassuring on the operational trend (notably activity and the quality of assets) despit...
Underlying
Bankinter SA

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Steven Gould

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