Bankinter posts 605M euro profit in H1, up 11.7%

Bankinter reported a net profit of 605 million euros for the first half of 2026, an increase of 11.7% year-on-year, driven by strong commercial activity across all geographies and higher fee income Source: ABC.es; Infobae.

Key figures

The bank's net interest margin rose 5.36% to 1.160 billion euros, while gross margin reached 1.602 billion euros (+7.26%). Fee income surged 15.5% to 548 million euros (440 million net) Source: El Mundo. Profit before tax stood at 853 million euros (+11.4%). Key profitability metrics reached record highs: ROE of 19.1% and ROTE of 20.36% Source: El Mundo. Efficiency improved to 34.3%, aided by cost discipline and generative AI Source: El Español. The NPL ratio fell to 1.92% and CET1 capital ratio was 12.91%, well above the ECB minimum Source: Infobae; El Confidencial.

Geographical performance

Spain remained the main market, with pre-tax profit of 716 million euros (+11%). Credit grew 3% and customer funds 9% Source: ABC.es. Portugal performed strongly, with credit up 8% to 11.5 billion and pre-tax profit of 114 million (+9%). Ireland was the fastest-growing region, with credit surging 24% to 5.2 billion, driven by a 29% rise in mortgages Source: ABC.es; El Mundo. The bank acquired Dutch mortgage platform Tulp Hypotheken Group, expanding into a fifth European market Source: El Español.