OTCPK:BKIM.F

Stock Analysis Report

Executive Summary

Bankinter, S.A. provides various banking products and services in Spain.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.

Risks

  • Bankinter has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Bankinter's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-10.9%

OTCPK:BKIM.F

-2.5%

US Banks

-0.7%

US Market


1 Year Return

n/a

OTCPK:BKIM.F

-14.2%

US Banks

-0.5%

US Market

No trading data on BKIM.F.

No trading data on BKIM.F.


Share holder returns

BKIM.FIndustryMarket
7 Day-10.9%-2.5%-0.7%
30 Day-18.2%-6.1%-3.0%
90 Day-23.2%-3.8%0.9%
1 Yearn/a-11.8%-14.2%1.7%-0.5%
3 Yearn/a42.1%32.4%39.5%30.4%
5 Yearn/a53.3%36.7%54.1%37.0%

Price Volatility Vs. Market

How volatile is Bankinter's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

8.7x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Bankinter's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Bankinter's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Bankinter is good value based on earnings compared to the US Banks industry average.

Bankinter is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Bankinter is poor value based on expected growth next year.


Price Based on Value of Assets

Bankinter is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Bankinter expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bankinter's revenue is expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Bankinter's earnings are expected to grow by 1.3% yearly, however this is not considered high growth (20% yearly).

Bankinter's revenue growth is positive but not above the United States of America market average.

Bankinter's earnings growth is positive but not above the United States of America market average.

Bankinter's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Bankinter is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bankinter performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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 (13% vs 13.7%)

Bankinter's earnings growth has not exceeded the US Banks industry average in the past year (13% vs 33.3%).


Return on Equity

Bankinter has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bankinter used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

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.


Next Steps

Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Bankinter has an acceptable proportion of non-loan assets held.

Bankinter has a low allowance for bad loans.

Bankinter's liabilities are made up of primarily low risk sources of funding.

Bankinter's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Bankinter are broadly funded by customer deposits.

Bankinter has a high level of bad loans (greater than 2%).


Next Steps

Dividend

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

5.69%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Bankinter's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Bankinter's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

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

Dividends paid are well covered by earnings (3.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (2x coverage).


Next Steps

Management

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

11.5yrs

Average board tenure


CEO

María Dolores Dancausa Treviño 0

8.8yrs

Tenure

€1,068,441

Compensation

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 Oct ...


CEO Compensation Analysis

María Dolores's remuneration is lower than average for companies of similar size in United States of America.

María Dolores's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Board Age and Tenure

11.5yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Bankinter board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Bankinter individual insiders in the past 3 months.


Recent Insider Transactions

Buy€56,50529 Jul 19
María Luisa Jordá Castro
EntityIndividual
Shares8,000
Max Price€7.06
Buy€661,97827 Jun 19
Pedro Guerrero Guerrero
EntityIndividual
Role
Chairman of the Board
Chairman
Shares100,000
Max Price€6.62
Buy€113,81227 Jun 19
María Dolores Dancausa Treviño
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares16,950
Max Price€6.71
Buy€14,13914 Jun 19
María Luisa Jordá Castro
EntityIndividual
Shares2,000
Max Price€7.07
Buy€334,82728 Mar 19
María Dolores Dancausa Treviño
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares42,168
Max Price€7.94
Buy€569,26428 Mar 19
Cartival S.A.
EntityCompany
Shares71,692
Max Price€7.94
Sell€401,16601 Feb 19
Rafael de Ros Cerezo
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares49,996
Max Price€8.04
Buy€38,73801 Feb 19
María Dolores Dancausa Treviño
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares4,626
Max Price€9.49
Buy€41,72101 Feb 19
Cartival S.A.
EntityCompany
Shares4,983
Max Price€9.49

Ownership Breakdown


Management Team

  • Pedro Guerrero Guerrero (66yo)

    Chairman

    • Tenure: 12.3yrs
    • Compensation: €232.01k
  • Alfonso Botín-Sanz de Sautuola y Naveda (49yo)

    Executive Vice President of Board

    • Tenure: 12.3yrs
    • Compensation: €204.93k
  • Jacobo Díaz Garcia

    CFO and Area Director for Corporate Development

    • Tenure: 0.0yrs
  • María Dolores Dancausa Treviño

    CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: €1.07m
  • Iñigo Guerra Azcona

    Director General of Investment Banking Area

    • Tenure: 0.0yrs
  • Alfonso Ma Saez

    Head of Consumer Finance

    • Tenure: 0.0yrs
  • Ruben Muñoz

    Head of Treasury & Capital Markets

    • Tenure: 0.0yrs
  • María Paramés

    Head of Employees

    • Tenure: 0.0yrs
  • Julio Gabriel Zapatero Gaviria

    Director General & Chief Risk Officer

    • Tenure: 0.0yrs
  • David Finistrosa

    Director of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Marcelino de Sautuola y Naveda (57yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: €111.67k
  • Pedro Guerrero Guerrero (66yo)

    Chairman

    • Tenure: 12.3yrs
    • Compensation: €232.01k
  • Alfonso Botín-Sanz de Sautuola y Naveda (49yo)

    Executive Vice President of Board

    • Tenure: 12.3yrs
    • Compensation: €204.93k
  • Rafael de Ros Cerezo (66yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: €170.76k
  • Fernando María Masaveu Herrero (53yo)

    Director

    • Tenure: 13.9yrs
    • Compensation: €122.01k
  • Jaime Lomba (73yo)

    Independent Director

    • Tenure: 11.5yrs
    • Compensation: €171.84k
  • Gonzalo de la Hoz Lizcano (76yo)

    Independent Director

    • Tenure: 11.5yrs
    • Compensation: €177.26k
  • María Dolores Dancausa Treviño

    CEO & Executive Director

    • Tenure: 8.8yrs
    • Compensation: €1.07m
  • María Teresa Pulido Mendoza

    External Director

    • Tenure: 5.1yrs
    • Compensation: €106.79k
  • Teresa Rubio (52yo)

    External Independent Director

    • Tenure: 1.8yrs
    • Compensation: €119.80k

Company Information

Bankinter, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bankinter, S.A.
  • Ticker: BKIM.F
  • Exchange: OTCPK
  • Founded: 1965
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €4.891b
  • Listing Market Cap: €5.427b
  • Shares outstanding: 898.77m
  • Website: https://www.bankinter.com

Number of Employees


Location

  • Bankinter, S.A.
  • Paseo de la Castellana 29
  • Madrid
  • Madrid
  • 28046
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKTBME (Bolsas y Mercados Espanoles)YesNominative SharesESEURApr 1985
0H7OLSE (London Stock Exchange)YesNominative SharesGBEURApr 1985
BKIM.FOTCPK (Pink Sheets LLC)YesNominative SharesUSUSDApr 1985
BAKADB (Deutsche Boerse AG)YesNominative SharesDEEURApr 1985
BKTEBATS-CHIXE (BATS 'Chi-X Europe')YesNominative SharesGBEURApr 1985
BKTWBAG (Wiener Boerse AG)YesNominative SharesATEURApr 1985
BKT NBMV (Bolsa Mexicana de Valores)YesNominative SharesMXMXNApr 1985
BKNI.YOTCPK (Pink Sheets LLC)SPONS ADR 07USUSDSep 1995

Biography

Bankinter, S.A. provides various banking products and services in Spain. The company operates through Commercial Banking, Private Banking, Personal Banking, Individual Banking, Foreigners, Corporate Bankin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:23
End of Day Share Price2019/08/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.