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Bankinter ( (ES:BKT) ) just unveiled an announcement.
Bankinter closed 2024 with a record net profit of 953 million euros, a 13% increase from 2023, driven by enhanced commercial activities and business diversification. The bank demonstrated strong financial health through improved margins, a solid return on equity, and efficient operations, maintaining a leadership position in the industry. The growth in client resources, particularly those managed off-balance, and the ability to manage changing interest rates were pivotal to its success, underscoring its robust market position and potential positive implications for stakeholders.
More about Bankinter
Bankinter is a financial institution operating in the banking sector, offering a range of services including credit investment, client resource management, and wealth management products. The bank has a significant presence in countries such as Portugal and Ireland, focusing on growing its commercial activities and diversifying its business portfolio.
YTD Price Performance: 10.08%
Average Trading Volume: 349,575
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €7.54B
See more insights into BKT stock on TipRanks’ Stock Analysis page.
