BME:BKTBanks
Bankinter (BME:BKT): Revenue Growth Beats Market, Margin Dip Challenges Bullish Narratives
Bankinter (BME:BKT) posted revenue growth forecasts of 6.6% per year, handily outpacing the broader Spanish market’s 4.7% estimate. Earnings are projected to rise at an annual rate of 5%, but that is just shy of the Spanish market’s 5.2% pace. Current net profit margins sit at 37%, a dip from last year’s 38.8%, while the bank’s longer-term earnings growth averaged an impressive 29.6% annually over the past five years. With shares trading at €12.69, the stock sits below the estimated fair...