Bankinter stock trades at EUR 16.36 as profit reaches EUR 605 million

Published on 09/30/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JP Morgan lifted its target to EUR 18.40 from EUR 18.10 on September 8, 2026. Second quarter net profit rose 16 percent year over year to EUR 315 million.

Modernes Glas-Bürogebäude einer Bank in Madrid bei Sonnenuntergang, symbolisch für Bankinter S.A — Fotorealistisches Bankgebäude bei Sonnenuntergang symbolisiert Bankinter S.A. (ISIN ES0113679137), moderner Bankensitz in Madrid, Illustration mit AI erstellt.

Bankinter stock trades at EUR 16.36 on September 30, 2026, while the Spanish bank's first half net profit reached EUR 605 million, up 12 percent year over year. The earnings profile combines double-digit profit growth with a higher analyst target and expanding fee income.

Profit growth reaches double digits

According to Yahoo Finance on July 23, 2026, Bankinter reported EUR 315 million in second quarter net profit, an increase of 16 percent from the same quarter a year earlier. First half net profit rose 12 percent to EUR 605 million, giving the latest reported period a clear quantified comparison with 2025.

The earnings call also put second quarter net interest income at EUR 589 million, up 5 percent year over year, while fee income reached EUR 237 million, up 23 percent. That mix matters because fee growth was faster than net interest income growth in the latest quarter.

JP Morgan raises its target

JP Morgan raised its Bankinter price target to EUR 18.40 from EUR 18.10 and kept an Overweight recommendation on September 8, 2026, Estrategias de Inversion reported. The target is 12.47 percent above the EUR 16.36 reference price, a wider gap than the stock's same-day move.

The bank's operating figures provide the reason for that valuation debate. First half gross operating income increased 7.3 percent, while expenses grew 2.7 percent, creating a 4.6 percentage point gap between revenue and cost growth. The cost-to-income ratio improved to 34.3 percent from 36.1 percent in 2025.

Stock remains below its yearly high

Bankinter was last at EUR 16.36 on BME on September 30, 2026 at 1:01 p.m. CEST, against a prior close of EUR 16.35, or plus 0.06 percent. Its 52-week range was EUR 12.28 to EUR 17.02, placing the latest quote 3.88 percent below the high, while market capitalization stood at EUR 14.7 billion.