View ValuationBankinter 将来の成長Future 基準チェック /26Bankinter利益と収益がそれぞれ年間7.5%と8.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17.5% 7.4%なると予測されています。主要情報7.5%収益成長率7.42%EPS成長率Banks 収益成長10.1%収益成長率8.7%将来の株主資本利益率17.48%アナリストカバレッジGood最終更新日30 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • 11hBankinter, S.A. to Report First Half, 2026 Results on Jul 23, 2026Bankinter, S.A. announced that they will report first half, 2026 results on Jul 23, 2026Declared Dividend • Jun 21Dividend of €0.13 announcedShareholders will receive a dividend of €0.13. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.3%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is well covered by earnings (37% payout ratio) and is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 07Bankinter, S.A. to Report Q1, 2026 Results on Apr 23, 2026Bankinter, S.A. announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Feb 23Bankinter, S.A., Annual General Meeting, Mar 26, 2026Bankinter, S.A., Annual General Meeting, Mar 26, 2026.お知らせ • Sep 30Bankinter, S.A. to Report Q3, 2025 Results on Oct 23, 2025Bankinter, S.A. announced that they will report Q3, 2025 results on Oct 23, 2025お知らせ • Feb 24Bankinter, S.A., Annual General Meeting, Mar 27, 2025Bankinter, S.A., Annual General Meeting, Mar 27, 2025. Location: edificio mutua madrilena, paseo de la castellana 33, madrid Spainお知らせ • Jan 11Bankinter, S.A. to Report Fiscal Year 2024 Results on Jan 23, 2025Bankinter, S.A. announced that they will report fiscal year 2024 results on Jan 23, 2025お知らせ • Sep 30Bankinter, S.A. to Report Q3, 2024 Results on Oct 24, 2024Bankinter, S.A. announced that they will report Q3, 2024 results on Oct 24, 2024お知らせ • Jul 02Bankinter, S.A. to Report First Half, 2024 Results on Jul 18, 2024Bankinter, S.A. announced that they will report first half, 2024 results on Jul 18, 2024Board Change • May 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Teresa Rodriguez was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: €0.21 (vs €0.20 in 1Q 2023)First quarter 2024 results: EPS: €0.21 (up from €0.20 in 1Q 2023). Revenue: €576.0m (up 7.2% from 1Q 2023). Net income: €193.1m (up 7.9% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 19Upcoming dividend of €0.087 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of British dividend payers (6.2%). In line with average of industry peers (6.8%).Declared Dividend • Mar 06Fourth quarter dividend of €0.087 announcedShareholders will receive a dividend of €0.087. Ex-date: 26th March 2024 Payment date: 28th March 2024 Dividend yield will be 6.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.9% over the next 3 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.Board Change • Mar 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Feb 24Fourth quarter dividend of €0.087 announcedShareholders will receive a dividend of €0.087. Ex-date: 26th March 2024 Payment date: 28th March 2024 Dividend yield will be 6.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (51% payout ratio) and is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €644.4m (up 33% from 3Q 2022). Net income: €266.8m (up 68% from 3Q 2022). Profit margin: 41% (up from 33% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Banks industry in the United Kingdom are expected to remain flat.Board Change • Oct 04Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 22Second quarter 2023 earnings released: EPS: €0.27 (vs €0.13 in 2Q 2022)Second quarter 2023 results: EPS: €0.27 (up from €0.13 in 2Q 2022). Revenue: €689.5m (up 71% from 2Q 2022). Net income: €233.2m (up 100% from 2Q 2022). Profit margin: 34% (up from 29% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: €0.21 (vs €0.17 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.17 in 1Q 2022). Revenue: €514.0m (up 16% from 1Q 2022). Net income: €185.0m (up 20% from 1Q 2022). Profit margin: 36% (up from 35% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 21Upcoming dividend of €0.072 per share at 5.7% yieldEligible shareholders must have bought the stock before 28 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (4.9%).Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €5.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Banks industry in the United Kingdom. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.48 per share.Buying Opportunity • Mar 01Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €8.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.Buying Opportunity • Feb 11Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €8.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 9.2% per annum over the same time period.Buying Opportunity • Jan 09Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €8.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period.Reported Earnings • Jul 23Second quarter 2022 earnings released: EPS: €0.13 (vs €0.085 in 2Q 2021)Second quarter 2022 results: EPS: €0.13 (up from €0.085 in 2Q 2021). Revenue: €406.0m (up 8.7% from 2Q 2021). Net income: €116.7m (up 52% from 2Q 2021). Profit margin: 29% (up from 21% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 6.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €448.7m (up 10% from 1Q 2021). Net income: €154.3m (up 33% from 1Q 2021). Profit margin: 34% (up from 29% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 1.2% growth forecast for the industry in the United Kingdom.Buying Opportunity • Apr 09Now 21% undervaluedOver the last 90 days, the stock is up 7.3%. The fair value is estimated to be €6.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 19% share price gain to €5.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Banks industry in the United Kingdom. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.52 per share.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €0.44 (up from €0.19 in FY 2020). Revenue: €1.58b (up 25% from FY 2020). Net income: €397.4m (up 128% from FY 2020). Profit margin: 25% (up from 14% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 2.7% growth forecast for the banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.Buying Opportunity • Feb 25Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €6.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14% per annum over the last 3 years.Reported Earnings • Jan 23Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €1.57b (up 24% from FY 2020). Net income: €397.4m (up 156% from FY 2020). Profit margin: 25% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Over the next year, revenue is forecast to grow 19%, compared to a 3.3% growth forecast for the banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS €0.12The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €443.9m (up 27% from 3Q 2020). Net income: €110.4m (flat on 3Q 2020). Profit margin: 25% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €4.57, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Banks industry in the United Kingdom. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.13 per share.Reported Earnings • Apr 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €362.1m (up 9.6% from 1Q 2020). Net income: €116.4m (up 15% from 1Q 2020). Profit margin: 32% (up from 31% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.18 (vs €0.60 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.48b (down 22% from FY 2019). Net income: €174.1m (down 68% from FY 2019). Profit margin: 12% (down from 28% in FY 2019). Cost-to-income ratio: 48.5% (down from 52.4% in FY 2019). Non-performing loans: 2.55% (down from 2.73% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.Is New 90 Day High Low • Feb 10New 90-day high: €4.98The company is up 24% from its price of €4.01 on 11 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.21 per share.Is New 90 Day High Low • Jan 06New 90-day high: €4.77The company is up 25% from its price of €3.81 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Banks industry, which is also up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.64 per share.Is New 90 Day High Low • Dec 17New 90-day high: €4.58The company is up 7.0% from its price of €4.28 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.04 per share.業績と収益の成長予測BATS-CHIXE:BKTE - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,6291,367N/AN/A1812/31/20273,4501,283N/AN/A1812/31/20263,2351,177N/AN/A173/31/20262,7651,111N/AN/AN/A12/31/20252,7251,090-743-599N/A9/30/20252,6551,033N/AN/AN/A6/30/20252,6341,0211,4341,578N/A3/31/20252,6171,022N/AN/AN/A12/31/20242,5339531,8011,941N/A9/30/20242,437891N/AN/AN/A6/30/20242,427900-595-499N/A3/31/20242,354867N/AN/AN/A12/31/20232,315845568658N/A9/30/20232,257799N/AN/AN/A6/30/20232,097692-8,263-8,186N/A3/31/20231,913570N/AN/AN/A12/31/20221,821545-8,105-8,035N/A9/30/20221,689493N/AN/AN/A6/30/20221,6484452,5802,645N/A3/31/20221,623416N/AN/AN/A12/31/20211,5813786,9847,051N/A9/30/20211,594374N/AN/AN/A6/30/20211,4903317,6147,687N/A3/31/20211,286189N/AN/AN/A12/31/20201,2671748,4528,538N/A9/30/20201,161161N/AN/AN/A6/30/20201,3162295,9756,108N/A3/31/20201,547416N/AN/AN/A12/31/20191,496437N/A156N/A9/30/20191,682501N/AN/AN/A6/30/20191,658508N/A-2,846N/A3/31/20191,728493N/AN/AN/A12/31/20181,867514N/A176N/A9/30/20181,855511N/AN/AN/A6/30/20181,807504N/A853N/A3/31/20181,735502N/AN/AN/A12/31/20171,676484N/A2,229N/A9/30/20171,637458N/AN/AN/A6/30/20171,605437N/A4,008N/A3/31/20171,547502N/AN/AN/A12/31/20161,490482N/A1,779N/A9/30/20161,388476N/AN/AN/A6/30/20161,336465N/A335N/A3/31/20161,327386N/AN/AN/A12/31/20151,309376N/A270N/A9/30/20151,270346N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: BKTEの予測収益成長率 (年間7.5% ) は 貯蓄率 ( 3.4% ) を上回っています。収益対市場: BKTEの収益 ( 7.5% ) UK市場 ( 11.4% ) よりも低い成長が予測されています。高成長収益: BKTEの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: BKTEの収益 ( 8.7% ) UK市場 ( 4.6% ) よりも速いペースで成長すると予測されています。高い収益成長: BKTEの収益 ( 8.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: BKTEの 自己資本利益率 は、3年後には低くなると予測されています ( 17.5 %)。成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/01 11:18終値2026/06/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bankinter, S.A. 19 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。36 アナリスト機関Javier Esteban LarioBanco de Sabadell. S.A.Jesús Gómez DominguezBanco SantanderCecilia Romero ReyesBarclays33 その他のアナリストを表示
お知らせ • 11hBankinter, S.A. to Report First Half, 2026 Results on Jul 23, 2026Bankinter, S.A. announced that they will report first half, 2026 results on Jul 23, 2026
Declared Dividend • Jun 21Dividend of €0.13 announcedShareholders will receive a dividend of €0.13. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.3%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is well covered by earnings (37% payout ratio) and is expected to be covered in 3 years' time (53% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 07Bankinter, S.A. to Report Q1, 2026 Results on Apr 23, 2026Bankinter, S.A. announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Feb 23Bankinter, S.A., Annual General Meeting, Mar 26, 2026Bankinter, S.A., Annual General Meeting, Mar 26, 2026.
お知らせ • Sep 30Bankinter, S.A. to Report Q3, 2025 Results on Oct 23, 2025Bankinter, S.A. announced that they will report Q3, 2025 results on Oct 23, 2025
お知らせ • Feb 24Bankinter, S.A., Annual General Meeting, Mar 27, 2025Bankinter, S.A., Annual General Meeting, Mar 27, 2025. Location: edificio mutua madrilena, paseo de la castellana 33, madrid Spain
お知らせ • Jan 11Bankinter, S.A. to Report Fiscal Year 2024 Results on Jan 23, 2025Bankinter, S.A. announced that they will report fiscal year 2024 results on Jan 23, 2025
お知らせ • Sep 30Bankinter, S.A. to Report Q3, 2024 Results on Oct 24, 2024Bankinter, S.A. announced that they will report Q3, 2024 results on Oct 24, 2024
お知らせ • Jul 02Bankinter, S.A. to Report First Half, 2024 Results on Jul 18, 2024Bankinter, S.A. announced that they will report first half, 2024 results on Jul 18, 2024
Board Change • May 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Teresa Rodriguez was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: €0.21 (vs €0.20 in 1Q 2023)First quarter 2024 results: EPS: €0.21 (up from €0.20 in 1Q 2023). Revenue: €576.0m (up 7.2% from 1Q 2023). Net income: €193.1m (up 7.9% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 19Upcoming dividend of €0.087 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of British dividend payers (6.2%). In line with average of industry peers (6.8%).
Declared Dividend • Mar 06Fourth quarter dividend of €0.087 announcedShareholders will receive a dividend of €0.087. Ex-date: 26th March 2024 Payment date: 28th March 2024 Dividend yield will be 6.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.9% over the next 3 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.
Board Change • Mar 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Feb 24Fourth quarter dividend of €0.087 announcedShareholders will receive a dividend of €0.087. Ex-date: 26th March 2024 Payment date: 28th March 2024 Dividend yield will be 6.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (51% payout ratio) and is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €644.4m (up 33% from 3Q 2022). Net income: €266.8m (up 68% from 3Q 2022). Profit margin: 41% (up from 33% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Banks industry in the United Kingdom are expected to remain flat.
Board Change • Oct 04Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 22Second quarter 2023 earnings released: EPS: €0.27 (vs €0.13 in 2Q 2022)Second quarter 2023 results: EPS: €0.27 (up from €0.13 in 2Q 2022). Revenue: €689.5m (up 71% from 2Q 2022). Net income: €233.2m (up 100% from 2Q 2022). Profit margin: 34% (up from 29% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: €0.21 (vs €0.17 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.17 in 1Q 2022). Revenue: €514.0m (up 16% from 1Q 2022). Net income: €185.0m (up 20% from 1Q 2022). Profit margin: 36% (up from 35% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent External Director Cristina Alvarez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 21Upcoming dividend of €0.072 per share at 5.7% yieldEligible shareholders must have bought the stock before 28 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (4.9%).
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €5.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Banks industry in the United Kingdom. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.48 per share.
Buying Opportunity • Mar 01Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €8.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.
Buying Opportunity • Feb 11Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €8.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 9.2% per annum over the same time period.
Buying Opportunity • Jan 09Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €8.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period.
Reported Earnings • Jul 23Second quarter 2022 earnings released: EPS: €0.13 (vs €0.085 in 2Q 2021)Second quarter 2022 results: EPS: €0.13 (up from €0.085 in 2Q 2021). Revenue: €406.0m (up 8.7% from 2Q 2021). Net income: €116.7m (up 52% from 2Q 2021). Profit margin: 29% (up from 21% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 6.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €448.7m (up 10% from 1Q 2021). Net income: €154.3m (up 33% from 1Q 2021). Profit margin: 34% (up from 29% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 1.2% growth forecast for the industry in the United Kingdom.
Buying Opportunity • Apr 09Now 21% undervaluedOver the last 90 days, the stock is up 7.3%. The fair value is estimated to be €6.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 19% share price gain to €5.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Banks industry in the United Kingdom. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.52 per share.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €0.44 (up from €0.19 in FY 2020). Revenue: €1.58b (up 25% from FY 2020). Net income: €397.4m (up 128% from FY 2020). Profit margin: 25% (up from 14% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 2.7% growth forecast for the banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.
Buying Opportunity • Feb 25Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €6.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14% per annum over the last 3 years.
Reported Earnings • Jan 23Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €1.57b (up 24% from FY 2020). Net income: €397.4m (up 156% from FY 2020). Profit margin: 25% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Over the next year, revenue is forecast to grow 19%, compared to a 3.3% growth forecast for the banks industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS €0.12The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €443.9m (up 27% from 3Q 2020). Net income: €110.4m (flat on 3Q 2020). Profit margin: 25% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €4.57, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Banks industry in the United Kingdom. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.13 per share.
Reported Earnings • Apr 24First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €362.1m (up 9.6% from 1Q 2020). Net income: €116.4m (up 15% from 1Q 2020). Profit margin: 32% (up from 31% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.18 (vs €0.60 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.48b (down 22% from FY 2019). Net income: €174.1m (down 68% from FY 2019). Profit margin: 12% (down from 28% in FY 2019). Cost-to-income ratio: 48.5% (down from 52.4% in FY 2019). Non-performing loans: 2.55% (down from 2.73% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.
Is New 90 Day High Low • Feb 10New 90-day high: €4.98The company is up 24% from its price of €4.01 on 11 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.21 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €4.77The company is up 25% from its price of €3.81 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Banks industry, which is also up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.64 per share.
Is New 90 Day High Low • Dec 17New 90-day high: €4.58The company is up 7.0% from its price of €4.28 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.04 per share.