Report
Benoit Valleaux ...
  • Steven Gould

Bankinter : Solid 2022 performance and confidence for 2023 … but it is already priced in!

>Solid quarter in underlying terms, still driven by NII and a reasonable CoR - Bankinter reported broadly solid Q4 2022 figures at the operating level (underlying) with net income of € 130m (+-2% vs consensus) – the performance was once again (as at the nine-month stage) driven by favourable momentum (repricing/rates) on interest income (+8% vs cons) and slightly lower-than-expected provisions (-3% vs cons), this despite a higher cost base (+8% vs cons). The performan...
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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