Bankinter (BKT) investor relations material

Executive summary

• 9M 2026 net profit reached €901m, up 11% YoY; profit before tax was €1,267m, up 10.8%, and ROTE was 20.4%.

• Customer business volumes increased 7.1% YoY to €250,142m, supported by income diversification and cost discipline.

• Shareholder value generation rose 15% YoY; EPS increased 11.4% to €0.97 and year-to-date DPS rose 15.4% to €0.32.

Financial highlights

• 9M net interest income reached €1,762m, up 5.7% YoY; Q3 NII was a record €602m, up 6% YoY and 2% QoQ.

• Net fees and commissions rose 12.9% to €651m; excluding the €23m Q2 Helia performance fee, recurring fee growth was 9%.

• Gross operating income increased 6.5% to €2,397m; pre-provision profit rose 8.8% to €1,563.6m, while operating costs grew 2.3% to €833.9m.

• Cost-to-income ratio improved to 34.78% from 36.19%; positive operating jaws exceeded 4 percentage points.

• 9M profit before tax rose 10.8% to €1,267m and net profit increased 11% to €901m.

Outlook and guidance

• Lending growth is expected to remain at current mid-single-digit levels; deposit growth is expected to remain low single digit this year.

• NII has a positive bias, with quarterly growth expected to remain slightly above loan growth; customer margin is expected to stay near current levels with a positive bias.

• Fee growth guidance is low double digits; year-end cost-to-income guidance is below 35%, with positive jaws of ~4 percentage points.

• Cost of risk guidance remains 33 bps; ROTE is expected to remain above 20%, with growth in tangible value per share and dividends.