Bankinter Full Year 2024 Earnings: Revenues In Line With Expectations
Bankinter (BME:BKT) Full Year 2024 Results
Key Financial Results
- Revenue: €612.2m (down 74% from FY 2023).
- Net income: €221.9m (down 73% from FY 2023).
- Profit margin: 36% (up from 35% in FY 2023). The increase in margin was driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bankinter Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Banks industry in Spain.
Performance of the Spanish Banks industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
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About BME:BKT
Bankinter
Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.
High growth potential established dividend payer.