Report
Benoit Valleaux ...
  • Steven Gould

Bankinter : Q3 2022 in line with H1 (solid)…for lack of a visible impact on cost of risk

>Another good quarter, thanks to NII and the notable lack of cost of risk - Bankinter has published Q3 2022 figures that were broadly solid on the operational front with net profit of € 159m (+6% vs consensus) – the performance was once again (as was the case in H1) notably driven by the acceleration in favourable momentum (repricing/rates) on interest income (+9% vs the consensus) and lower provisions than expected (-18% vs the consensus). For the time being, the gro...
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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