Renta 4 Banco, S.A. (ES:R4) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Renta 4 Banco has been informed by the Bank of Spain about its prudential capital requirements for 2025, which include a Common Equity Tier 1 (CET1) ratio of 7.92% and a Total Capital ratio of 12.13%. As of September 2024, Renta 4 comfortably exceeded these requirements, with a CET1 ratio of 20.69% on an individual basis and 18.22% on a consolidated basis. This indicates a strong capital position, ensuring they maintain a significant capital surplus.
For further insights into ES:R4 stock, check out TipRanks’ Stock Analysis page.