Bankinter hits bottom of Spain's blue-chip index after mixed results

BANKINTER

22/01/2026 11:02

** Shares in Bankinter BKT.MC fall about 2% to the bottom of the Spain's Ibex35 .IBEX blue-chip index after it reports Q4 and FY results

** FY net interest income came in at 2.24 billion euros ($2.62 billion), slightly above analysts' expectations in a Reuters poll

** However, RBC analysts flagged mixed underlying trends as the improvement in NII was marred by weaker customer margins

** Nuria Alvarez, analyst at Madrid-based broker Renta 4, told Reuters she saw little clarity on the evolution of deposit costs and whether it can support the growth of net interest margin beyond volumes

** Jefferies echoed this sentiment, questioning how low the cost of deposits can go from here, as it was broadly flat in Q4

($1 = 0.8554 euros)

(Reporting by Gemma Guasch)

((Gemma.guasch@thomsonreuters.com; +48 58 746 90 08))