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Bankinter

LSE:0H7O
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0H7O
LSE
€7B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Bankinter, S.A. provides various banking products and services for individual and corporate customers, and small and medium-sized enterprises in Spain and internationally. The last earnings update was 59 days ago. More info.


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0H7O Share Price and Events
7 Day Returns
1.4%
LSE:0H7O
1%
GB Banks
0.6%
GB Market
1 Year Returns
-14.8%
LSE:0H7O
-8.7%
GB Banks
1.1%
GB Market
0H7O Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bankinter (0H7O) 1.4% 6.1% 6.1% -14.8% 10.5% 35.7%
GB Banks 1% 7.9% 4.8% -8.7% 17% -11.2%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • 0H7O underperformed the Banks industry which returned -8.7% over the past year.
  • 0H7O underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
0H7O
Industry
5yr Volatility vs Market

0H7O Value

 Is Bankinter undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bankinter to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bankinter.

LSE:0H7O Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 15 analysts.
= Stable Book Value * Return on Equity
= €5.57 * 12.1%
€0.67
Book Value of Equity per Share Weighted future Book Value estimates from 10 analysts. €5.57
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0H7O
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.2%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 25%) (141.75%))
1.15
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.15 * 8.18%)
10.63%

Discounted Cash Flow Calculation for LSE:0H7O using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bankinter is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0H7O Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.1% – 10.63%) * €5.57)
€0.08
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €0.08 / (10.63% - 1.23%)
€0.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €5.57 + €0.86
€6.43
LSE:0H7O Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0H7O represents 1.00245x of BME:BKT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00245x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 6.43 x 1.00245
€6.45
Value per share (EUR) From above. €6.45
Current discount Discount to share price of €7.36
= -1 x (€7.36 - €6.45) / €6.45
-14.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bankinter is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bankinter's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bankinter's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0H7O PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.57
BME:BKT Share Price ** BME (2019-04-18) in EUR €7.35
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 10.35x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bankinter.

LSE:0H7O PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:BKT Share Price ÷ EPS (both in EUR)

= 7.35 ÷ 0.57

12.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankinter is overvalued based on earnings compared to the GB Banks industry average.
  • Bankinter is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Bankinter's expected growth come at a high price?
Raw Data
LSE:0H7O PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
5.5%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.86x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

LSE:0H7O PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.85x ÷ 5.5%

2.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankinter is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bankinter's assets?
Raw Data
LSE:0H7O PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €4.99
BME:BKT Share Price * BME (2019-04-18) in EUR €7.35
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:0H7O PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:BKT Share Price ÷ Book Value per Share (both in EUR)

= 7.35 ÷ 4.99

1.47x

* Primary Listing of Bankinter.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankinter is overvalued based on assets compared to the GB Banks industry average.
X
Value checks
We assess Bankinter's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bankinter has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0H7O Future Performance

 How is Bankinter expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bankinter expected to grow at an attractive rate?
  • Bankinter's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Bankinter's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Bankinter's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0H7O Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0H7O Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 5.5%
LSE:0H7O Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 5.3%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0H7O Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0H7O Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,431 733 1
2021-12-31 2,198 597 9
2020-12-31 2,099 581 13
2019-12-31 2,040 564 12
LSE:0H7O Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,867 176 514
2018-09-30 1,853 511
2018-06-30 1,805 853 504
2018-03-31 1,734 502
2017-12-31 1,676 2,229 484
2017-09-30 1,637 458
2017-06-30 1,605 4,008 437
2017-03-31 1,547 502
2016-12-31 1,490 1,779 482
2016-09-30 1,388 476
2016-06-30 1,336 335 465
2016-03-31 1,327 386

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bankinter's earnings are expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
  • Bankinter's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0H7O Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Bankinter Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0H7O Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.65 0.71 0.61 6.00
2020-12-31 0.65 0.70 0.60 10.00
2019-12-31 0.61 0.66 0.59 10.00
LSE:0H7O Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.57
2018-09-30 0.57
2018-06-30 0.56
2018-03-31 0.56
2017-12-31 0.54
2017-09-30 0.51
2017-06-30 0.49
2017-03-31 0.56
2016-12-31 0.54
2016-09-30 0.53
2016-06-30 0.52
2016-03-31 0.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bankinter is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bankinter's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bankinter has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0H7O Past Performance

  How has Bankinter performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bankinter's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bankinter's year on year earnings growth rate has been positive over the past 5 years.
  • Bankinter's 1-year earnings growth is less than its 5-year average (6.3% vs 17.3%)
  • Bankinter's earnings growth has not exceeded the GB Banks industry average in the past year (6.3% vs 42.2%).
Earnings and Revenue History
Bankinter's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bankinter Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0H7O Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,866.81 513.88 936.52
2018-09-30 1,852.87 511.18 926.44
2018-06-30 1,805.25 503.77 910.94
2018-03-31 1,733.74 502.20 897.92
2017-12-31 1,675.87 483.57 878.26
2017-09-30 1,636.90 458.34 886.12
2017-06-30 1,604.90 437.36 879.41
2017-03-31 1,547.41 501.94 871.33
2016-12-31 1,489.92 482.34 837.58
2016-09-30 1,387.83 476.43 775.36
2016-06-30 1,335.85 464.63 741.28
2016-03-31 1,327.37 385.57 699.79
2015-12-31 1,309.08 375.92 692.96
2015-09-30 1,269.53 346.49 744.36
2015-06-30 1,229.78 323.29 732.52
2015-03-31 1,210.21 311.02 722.00
2014-12-31 1,153.74 275.89 712.49
2014-09-30 1,130.11 263.02 649.47
2014-06-30 1,072.72 237.50 666.79
2014-03-31 999.29 199.53 625.39
2013-12-31 954.16 189.90 609.73
2013-09-30 928.56 208.16 672.64
2013-06-30 926.46 204.31 633.26
2013-03-31 821.99 125.58 660.44
2012-12-31 819.60 124.65 657.95
2012-09-30 822.74 106.51 580.98
2012-06-30 808.11 103.57 577.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bankinter has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bankinter used its assets more efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Bankinter improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bankinter's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bankinter has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0H7O Health

 How is Bankinter's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bankinter's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bankinter Company Filings, last reported 3 months ago.

LSE:0H7O Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,485.85 9,359.03 6,153.48
2018-09-30 4,451.44 7,835.81 11,170.13
2018-06-30 4,397.32 8,290.24 5,097.79
2018-03-31 4,410.16 7,851.81 7,956.15
2017-12-31 4,357.14 9,514.09 3,869.79
2017-09-30 4,300.52 7,908.55 7,948.26
2017-06-30 4,222.83 8,295.20 4,067.77
2017-03-31 4,128.96 7,581.21 9,302.64
2016-12-31 4,097.38 9,897.87 3,718.57
2016-09-30 4,077.44 9,226.32 6,076.48
2016-06-30 3,979.93 11,299.68 5,326.17
2016-03-31 3,839.33 60.65 7,724.40
2015-12-31 3,798.18 12,311.59 5,358.94
2015-09-30 3,760.36 29.81 6,511.02
2015-06-30 3,686.07 10,792.13 5,977.54
2015-03-31 3,691.46 43.66 5,275.76
2014-12-31 3,643.45 17,942.84 6,747.50
2014-09-30 3,647.99 4.86 5,740.67
2014-06-30 3,582.98 11,241.61 8,006.72
2014-03-31 3,493.80 18,341.06 5,559.87
2013-12-31 3,352.20 16,853.70 5,724.26
2013-09-30 3,375.80 10,277.50 5,346.35
2013-06-30 3,299.87 11,470.74 4,397.76
2013-03-31 3,269.81 23,608.09 3,186.41
2012-12-31 3,231.10 20,105.39 3,471.07
2012-09-30 3,145.10 39.46 2,360.86
2012-06-30 2,964.86 15,305.26 4,403.23
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bankinter has an acceptable proportion of non-loan assets held.
  • Bankinter's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bankinter are broadly funded by customer deposits.
  • Bankinter's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Bankinter has a low allowance for bad loans.
  • Bankinter has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bankinter's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bankinter has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0H7O Dividends

 What is Bankinter's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.99%
Current annual income from Bankinter dividends. Estimated to be 4.47% next year.
If you bought €2,000 of Bankinter shares you are expected to receive €80 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bankinter's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Bankinter's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0H7O Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0H7O Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.39 1.00
2021-12-31 0.35 9.00
2020-12-31 0.33 15.00
2019-12-31 0.31 15.00
LSE:0H7O Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-22 0.293 4.158
2019-02-21 0.293 4.233
2018-03-28 0.275 3.534
2018-02-23 0.275 3.172
2018-02-22 0.275 3.029
2017-02-23 0.223 2.757
2017-02-22 0.223 3.058
2016-02-18 0.209 3.165
2016-01-21 0.209 3.419
2015-02-17 0.154 2.274
2014-02-20 0.061 0.984
2013-02-20 0.071 2.026
2012-02-16 0.123 5.985
2012-01-16 0.123 3.681
2011-11-03 0.135 4.843
2011-04-07 0.135 4.880
2011-03-23 0.135 4.245
2011-01-21 0.135 4.451
2010-09-24 0.108 3.763
2010-06-21 0.118 3.436
2010-03-23 0.100 2.985
2010-03-17 0.173 4.264
2009-04-23 0.192 3.927

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bankinter's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess Bankinter's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bankinter afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bankinter has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0H7O Management

 What is the CEO of Bankinter's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
María Dancausa Treviño
COMPENSATION €1,068,441
TENURE AS CEO 8.5 years
CEO Bio

Ms. María Dolores Dancausa Treviño serves as General Manager at Linea Directa Aseguradora, S.A. Ms. Dancausa Treviño has been the Chief Executive Officer and Executive Director of Bankinter, S.A. since October 2010. She was a Non-Executive Director at esure Group plc since December 9, 2013 until May 17, 2018. She served as Managing Director and Chief Executive Officer at Línea Directa Aseguradora from 2008 to October 2010. She served as Company Secretary at Línea Directa Aseguradora from 1994 to 2008. She served as Secretary-General and Headed the Linea Directa Aseguradora's Human Resources, Training, Legaladvice and General Affairs Divisions. She also serves as Member of Board of Trustees at Fundación Innovación Bankinter. Throughout her career, Ms. Dancausa Treviño has worked in the financial sector, started from Banco. Ms. Dancausa Treviño has received several awards in her business career: in June 2013 - Awarded the Aster-Esic Prize for "Outstanding Career Achievement" and "Financial Executive of the Year" from Ecofin magazine; in November 2012 - Nominated Most Outstanding Personality of the Year for her "ability to manage a medium-sized bank in this time of crisis in the Spanish financial system" at the 2nd edition of the Economics Night organised by the daily newspaper El Economista; in April 2011 - Awarded "Outstanding Career Achievement" on the 20th edition of the Magazine Ejecutivos for her Outstanding Career Achievement; in April 2011 - Nominated as "Influential Woman" in the list of the Top 100 Spanish Women Leaders; in October 2010 - FEDEPE: Award for Best Executive of the Year in 2010. She has emerged as one of the businesswomen with the best reputation in Spain according to the MERCO-Leaders report, where she appears as one of the Top 20 most prestigious Business Executives in Spain. Ms. Dancausa Treviño received a Degree in Law from the University of San Pablo Ceu, she has also studied on a number of Management Programmes at Harvard Business School, and an AMP (Advanced Management Programme) at the INSEAD Business School (Fontainebleau).

CEO Compensation
  • María's compensation has increased by more than 20% in the past year.
  • María's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Pedro Guerrero Guerrero

TITLE
Chairman
COMPENSATION
€232K
AGE
65
TENURE
12.1 yrs

María Dancausa Treviño

TITLE
CEO & Executive Director
COMPENSATION
€1M
TENURE
8.5 yrs

Julio Gabriel Gaviria

TITLE
Director General & Chief Risk Officer

Alfonso de Sautuola y Naveda

TITLE
Executive Vice President of Board
COMPENSATION
€205K
AGE
48

Iñigo Azcona

TITLE
Director General of Investment Banking Area

David Finistrosa

TITLE
Director of Investor Relations

María Paramés

TITLE
Head of Employees

Jacobo Garcia

TITLE
Area Director for Corporate Development

Gloria Portero

TITLE
Area Director of Digital Banking

Alfonso Ma Saez

TITLE
Head of Consumer Finance
Board of Directors Tenure

Average tenure and age of the Bankinter board of directors in years:

11.2
Average Tenure
60.5
Average Age
  • The average tenure for the Bankinter board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Pedro Guerrero Guerrero

TITLE
Chairman
COMPENSATION
€232K
AGE
65
TENURE
12 yrs

María Dancausa Treviño

TITLE
CEO & Executive Director
COMPENSATION
€1M
TENURE
8.5 yrs

Alfonso de Sautuola y Naveda

TITLE
Executive Vice President of Board
COMPENSATION
€205K
AGE
48
TENURE
12 yrs

Rafael de Ros Cerezo

TITLE
Director
COMPENSATION
€171K
AGE
65
TENURE
10.3 yrs

Jaime Lomba

TITLE
Independent Director
COMPENSATION
€172K
AGE
72
TENURE
11.2 yrs

Gonzalo de la Hoz Lizcano

TITLE
Independent Director
COMPENSATION
€177K
AGE
75
TENURE
11.2 yrs

Marcelino de Sautuola y Naveda

TITLE
Director
COMPENSATION
€112K
AGE
56
TENURE
14 yrs

Fernando Masaveu Herrero

TITLE
Director
COMPENSATION
€122K
AGE
52
TENURE
13.6 yrs

María Pulido Mendoza

TITLE
External Director
COMPENSATION
€107K
TENURE
4.8 yrs

Teresa Rubio

TITLE
External Independent Director
COMPENSATION
€120K
AGE
51
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • Bankinter insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
28. Mar 19 Buy María Dancausa Treviño Individual 22. Mar 19 25. Mar 19 42,168 €7.02 €295,954
28. Mar 19 Buy Cartival S.A. Company 22. Mar 19 25. Mar 19 71,692 €7.02 €503,173
01. Feb 19 Buy Cartival S.A. Company 28. Jan 19 30. Jan 19 4,983 €8.31 €36,531
01. Feb 19 Sell Rafael de Ros Cerezo Individual 29. Jan 19 29. Jan 19 -49,996 €7.04 €-351,100
01. Feb 19 Buy María Dancausa Treviño Individual 28. Jan 19 30. Jan 19 4,626 €8.31 €33,919
X
Management checks
We assess Bankinter's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bankinter has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0H7O News

Simply Wall St News

0H7O Company Info

Description

Bankinter, S.A. provides various banking products and services for individual and corporate customers, and small and medium-sized enterprises in Spain and internationally. The company offers private banking services, including various funds; personal, corporate, and retail banking services; mortgages; and consumer finance services comprising credit cards and loans. It also provides investment banking services, such as mergers and acquisitions, capital market, and structured and alternative financing services; and guarantees, import and export letters of credit, and medium and long-term structured finance services, as well as equities, asset management and specialized advisory, and delegated management services. In addition, the company offers insurance and pension plans; and telephone, Internet, and mobile banking services, as well as ATM services. As of December 31, 2017, it had 364 universal offices, 48 private banking centers, 72 business centers, and 22 corporate banking management centers. The company was formerly known as Banco Intercontinental Español, S.A. and changed its name to Bankinter, S.A. in July 1990. Bankinter, S.A. was founded in 1965 and is headquartered in Madrid, Spain.

Details
Name: Bankinter, S.A.
0H7O
Exchange: LSE
Founded: 1965
€6,602,342,705
898,767,044
Website: http://webcorporativa.bankinter.com
Address: Bankinter, S.A.
Paseo de la Castellana 29,
Madrid,
Madrid, 28046,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME BKT Nominative Shares Bolsas y Mercados Espanoles ES EUR 17. Apr 1985
OTCPK BKIM.F Nominative Shares Pink Sheets LLC US USD 17. Apr 1985
DB BAKA Nominative Shares Deutsche Boerse AG DE EUR 17. Apr 1985
LSE 0H7O Nominative Shares London Stock Exchange GB EUR 17. Apr 1985
WBAG BKT Nominative Shares Wiener Boerse AG AT EUR 17. Apr 1985
BMV BKT N Nominative Shares Bolsa Mexicana de Valores MX MXN 17. Apr 1985
BATS-CHIXE BKTE Nominative Shares BATS 'Chi-X Europe' GB EUR 17. Apr 1985
OTCPK BKNI.Y SPONS ADR 07 Pink Sheets LLC US USD 26. Sep 1995
Number of employees
Current staff
Staff numbers
7,961
Bankinter employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:00
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.