- Bankinter’s operating gross profit for the second quarter stood at €763 million.
- This result exceeded expectations, as estimates were set at €740.8 million.
- The company’s net fee and commission income matched forecasts, totaling €192 million against an estimate of €192.5 million.
- Bankinter managed to keep its operating expenses lower than anticipated, reporting €267 million compared to the expected €271.4 million.
- The company’s investment recommendations include 8 buy ratings, 8 hold ratings, and 10 sell ratings.
A look at Bankinter SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bankinter SA is positioned well for long-term growth as indicated by its above-average Smart Scores across various factors. With strong scores in Dividend and Momentum, the company demonstrates a commitment to rewarding its investors and maintaining positive market momentum. Additionally, its solid scores in Value and Resilience suggest a stable foundation and potential for sustained performance over time.
Bankinter SA, a leading provider of retail and corporate banking services in Spain, has a diversified portfolio including mortgage loans, pension funds, insurance products, and online banking services. The company’s balanced Smart Scores reflect a strategic approach to managing its financial services offerings, which bodes well for its future stability and growth potential in the competitive banking sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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