Bankinter won 731 million of euros between January and September, a figure that represents 6.8% increase in the year-on-year comparison and maintains 17.1% profitability on equity (ROE). Their figures are slightly below the 737 million projected by the Bloomberg consensus, which expected an increase of 7.61%.
The account slows down compared to the 13.3% progression recorded during the first half, but the entity explained this Thursday that it has achieved “solid growth” in all the volumes of its business with clients, with a special push in resources. managed off-balance sheet, where the volume increased by 23.3%, and in credit, with an increase of 5%.
It maintains profitability at levels similar to June (the ROE stood at 17.7%), placing the efficiency ratio “at sector leadership levels”, with 34.6%; and improves the non-performing loan ratio to 2.2%.
#Bankinter #earns #million #September #maintains #profitability
