Bankinter SA

Chart & Performance

D1W1MN

P/E

7.84

P/S

1.45

EPS

0.94

Div Yield, %

6.13%

Shrs. gr., 5y

—

Rev. gr., 5y

17.44%

Revenues

4.58b

+105.15%

Net income

845m

+50.80%

CFO

658m

Dividend

Jun 24, 20240.11172 EUR/sh

Earnings

Jan 23, 2025

Profile

Bankinter, S.A. provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers salary, non-salary, professional, basic, currency, pension, business, and current accounts, as well as deposit products; and mortgages and loan products, as well as financing services. The company also provides saving and investment products, including profiled funds, sustainable investment funds, other managers funds, pension funds, and themed funds, as well as funds for beginners; regular investment plans; and advisory, customized investment, wealth management, and alternative investment products and services. In addition, it offers accident, home, life, funeral, health, mortgage payment protection, property, personal, and motor insurance products, as well as business insurance products. Further, the company provides various services, such as estate administration, switch, asset management, accounts management, and transfer services, as well as real estate and brokerage services. The company also offers retail, personal, private, commercial, and corporate banking products, as well as remote banking services. As of December 31, 2021, it operated through a network of 446 branches and 379 agents. The company was formerly known as Banco Intercontinental Español, S.A. and changed its name to Bankinter, S.A. in July 1990. The company was founded in 1965 and is headquartered in Madrid, Spain.

URL

https://www.bankinter.com/

IPO date

Dec 14, 1989

Employees

6,460

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	4,578,112 105.15%	2,231,567 11.46%	2,002,206 8.46%
Cost of revenue	312,056	445,952	339,112
Unusual Expense (Income)
NOPBT	4,266,056	1,785,615	1,663,094
NOPBT Margin	93.18%	80.02%	83.06%
Operating Taxes	384,053	224,835	139,276
Tax Rate	9.00%	12.59%	8.37%
NOPAT	3,882,003	1,560,780	1,523,818
Net income	844,787 50.80%	560,203 40.96%	397,433 128.24%
Dividends	(405,834)	(252,479)	(210,769)
Dividend yield	7.79%	4.48%	5.21%
Proceeds from repurchase of equity	27	(367)	2,616
BB yield	0.00%	0.01%	-0.06%
Debt
Debt current		1,952,948
Long-term debt	100,623	6,548,914	7,736,416
Deferred revenue		(59,200)	7,620,927
Other long-term liabilities	107,688,702	(5,761,221)	(7,736,416)
Net debt	(16,716,751)	(21,888,221)	(28,079,470)
Cash flow
Cash from operating activities	658,419	(8,034,976)	7,050,834
CAPEX	(21,713)	(72,250)	(67,323)
Cash from investing activities	(44,234)	(234,051)	(63,908)
Cash from financing activities	(105,807)	(752,846)	341,847
FCF	(12,162,468)	275,720	1,505,999
Balance
Cash	2,154,473	13,351,217	24,024,898
Long term investments	14,662,901	17,038,866	11,790,988
Excess cash	16,588,468	30,278,505	35,715,776
Stockholders' equity	5,336,617	5,236,616	5,031,323
Invested Capital	107,675,025	102,851,881	102,298,242
ROIC	3.69%	1.52%	1.57%
ROCE	3.77%	1.65%	1.55%
EV
Common stock shares outstanding	898,620	898,592	897,715
Price	5.80 -7.50%	6.27 39.02%	4.51 41.38%
Market cap	5,211,996 -7.49%	5,634,172 39.16%	4,048,695 41.24%
EV	(11,504,755)	(16,136,926)	(24,030,775)
EBITDA	4,348,125	1,865,703	1,740,881
EV/EBITDA
Interest	1,464,226	230,884	171,069
Interest/NOPBT	34.32%	12.93%	10.29%