Bankinter : Good start to the year in 2024
>Reassuring trends at the operating level in Q1 2024 - Bankinter reported Q1 2024 figures that were higher than expected (+5% vs consensus on net income at € 201m) and still robust at the operating level. The underlying performance on key P&L items (NII, commissions, costs, cost of risk) is reassuring and shows continuity from 2023 including in terms of NII momentum. We note:The confirmation of a certain resilience in terms of banking activity, a trend that runs ...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.
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.
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