Bankinter, SA (ES:BKT)
BME:BKT
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Bankinter
(BME:BKT)
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Rating:64Neutral
Price Target:
€15.50
▲(6.90% Upside)
Action:DowngradedDate:02/22/26
The score is driven mainly by solid profitability and ROE but meaningfully reduced by very unstable cash flows and residual balance-sheet risk. Support comes from reasonable valuation (P/E ~11.9 and ~3.7% yield) and a generally positive price trend, though momentum indicators are mixed.
Positive Factors
Strong profitability & ROE
Bankinter’s net income and margins improved materially through 2025, with net income rising to €1,090m and net margin near 23%, supporting a sustained ROE around 16–17%. Persistent profitability at this scale underpins internal capital generation, dividend capacity, and funding for strategic initiatives over the medium term.
Negative Factors
Very volatile cash flows
Cash flow quality shows extreme volatility: large positive years followed by deep negative swings, culminating in ~-€10bn in 2025. Such magnitude undermines confidence in cash conversion of earnings, complicates liquidity planning, dividend consistency and capital allocation, and raises execution risk during stress periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability & ROE
Bankinter’s net income and margins improved materially through 2025, with net income rising to €1,090m and net margin near 23%, supporting a sustained ROE around 16–17%. Persistent profitability at this scale underpins internal capital generation, dividend capacity, and funding for strategic initiatives over the medium term.
Read all positive factors
Bankinter (BKT) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€13.02B
Dividend Yield3.64%
Average Volume (3M)1.33M
Price to Earnings (P/E)11.7
Beta (1Y)1.00
Revenue Growth-7.12%
EPS Growth15.96%
CountryES
Employees6,674
SectorGeneral
Sector StrengthN/A
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.29
Shares Outstanding898,866,150
10 Day Avg. Volume1,235,344
30 Day Avg. Volume1,330,628
Financial Highlights & Ratios
PEG Ratio0.88
Price to Book (P/B)1.98
Price to Sales (P/S)2.70
P/FCF Ratio-1.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€15.68Price Target Upside8.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1.28
Revenue Forecast (FY)€3.24B
Bankinter Business Overview & Revenue Model
Company Description
Bankinter, S.A. provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers salary, non-salary, professional, basic, currency, pension, business, and current ac...
How the Company Makes Money
Bankinter generates revenue through multiple key streams. The primary source is net interest income, which comes from the difference between the interest earned on loans and the interest paid on deposits. The bank also earns significant income fro...
Bankinter Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
63
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.99B | 4.71B | 5.20B | 4.38B | 2.49B | 2.17B |
| Gross Profit | 3.04B | 3.08B | 3.08B | 2.91B | 2.26B | 2.00B |
| EBITDA | 1.41B | 1.64B | 1.45B | 1.31B | 865.13M | 614.50M |
| Net Income | 1.02B | 1.09B | 952.97M | 844.79M | 560.20M | 1.33B |
Balance Sheet | ||||||
| Total Assets | 131.73B | 131.02B | 121.97B | 113.01B | 107.51B | 107.58B |
| Cash, Cash Equivalents and Short-Term Investments | 13.12B | 15.00B | 18.01B | 16.11B | 13.35B | 24.02B |
| Total Debt | 10.17B | 10.38B | 9.71B | 20.14B | 21.64B | 7.74B |
| Total Liabilities | 125.52B | 124.61B | 116.09B | 107.69B | 102.60B | 102.73B |
| Stockholders Equity | 6.21B | 6.41B | 5.88B | 5.32B | 4.90B | 4.85B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -9.95B | 1.79B | 568.04M | -8.11B | 6.98B |
| Operating Cash Flow | 0.00 | -9.91B | 1.94B | 658.42M | -8.03B | 7.05B |
| Investing Cash Flow | 0.00 | 9.21B | -120.80M | -44.23M | -234.05M | -63.91M |
| Financing Cash Flow | 0.00 | 282.44M | -262.44M | -105.81M | -752.85M | 341.85M |
Bankinter Technical Analysis
Positive
14.50
Price Trends
13.72
Positive
13.75
Positive
13.07
Positive
Market Momentum
0.17
Negative
65.84
Neutral
89.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:BKT, the sentiment is Positive. The current price of 14.5 is above the 20-day moving average (MA) of 13.42, above the 50-day MA of 13.72, and above the 200-day MA of 13.07, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 65.84 is Neutral, neither overbought nor oversold. The STOCH value of 89.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:BKT.
Bankinter Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | €74.77B | 12.48 | 15.47% | 4.05% | -7.50% | 12.76% | |
66 Neutral | €16.41B | 10.53 | 12.39% | 7.43% | -6.77% | -39.63% | |
64 Neutral | €13.02B | 11.67 | 17.36% | 3.64% | -7.12% | 15.96% | |
62 Neutral | €7.10B | 13.74 | 9.08% | 5.80% | -9.39% | 45.60% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
ES:BKT
Bankinter
14.50
5.04
53.34%
ES:ALNT
Alantra
10.40
2.49
31.51%
ES:SAB
Banco de Sabadell
3.27
0.93
39.68%
ES:CABK
CAIXABANK
10.66
4.46
72.02%
ES:UNI
Unicaja Banco SA
2.76
1.23
80.87%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.