Bankinter Third Quarter 2024 Earnings: Revenues In Line With Expectations

Simply Wall St · 10/26 06:30

Bankinter (BME:BKT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €631.0m (down 2.1% from 3Q 2023).
  • Net income: €258.0m (down 3.3% from 3Q 2023).
  • Profit margin: 41% (in line with 3Q 2023).
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BME:BKT Earnings and Revenue Growth October 26th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bankinter Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Banks industry in Spain.

Performance of the Spanish Banks industry.

The company's shares are down 3.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bankinter has 1 warning sign we think you should be aware of.