Bankinter Consolidates Brand with EVO Banco and Avantcard Mergers

Story Highlights
Bankinter Consolidates Brand with EVO Banco and Avantcard Mergers

An update from Bankinter ( (ES:BKT) ) is now available.

Bankinter has signed the merger deeds to absorb EVO Banco and Avantcard DAC, aiming to consolidate its brand across all operational regions. The merger will see EVO Banco continue as a commercial brand under Bankinter until a full technological integration occurs, while the Irish subsidiary Avant Money will operate as Bankinter’s branch in Ireland, marking its entry into the deposit business later this year.

More about Bankinter

Bankinter, S.A. is a financial institution operating in the banking industry. It provides a range of banking products and services, focusing on expanding its brand presence across various geographies.

YTD Price Performance: 33.57%

Average Trading Volume: 226,220

Technical Sentiment Signal: Sell

Current Market Cap: €9.32B

For a thorough assessment of BKT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App