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Bankinter, S.A (BKT) Fair Value & Analysis

Financial Services · ES · Market cap €13.8B

BS Bankinter, S.A BKT · MC
Price€16.44
Fair Value€15.77
Upside-4.1%
Quality57/100
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Expensive Growth
Highly profitable · 40.2% net margin
High debt · negative free cash flow
3.01% dividend yield
Trails peers (5/14)
Wide moat 71/100
Evidence: High Range €11.83 – €19.71 Share as image

Fair value as of: Jul 13, 2026

From 17 valuation models · updated 25 days ago

Share price +7.4% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

€16.44 €3.02 Fair Value €15.77 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range €3.02 – €16.44 · fair‑value band €11.83 – €19.71 · the €16.44 price screens above the €15.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Bankinter, S.A (BKT) currently trades at €16.44, while our model-based Fair Value estimate is €15.77, implying the stock looks roughly 4.1% fairly valued today. We read business quality at 57/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Bankinter, S.A generated revenue of €2.8B at a net margin of 40.2%. Revenue grew 6.1% year over year. It earns a return on equity of 17.7%. The balance sheet holds a net cash position of €4.6B. Fundamentals as of Jul 13, 2026

Our scenario range runs from €11.83 (bear case) to €19.71 (bull case); at €16.44, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 58% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at -4%, BKT screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income €7.91 €10.08 €27.03 76
ROIC Compounder €6.38 €9.31 €13.49 72
Gordon GGM €5.28 €10.98 €17.41 70
All 17 models by family
DCF Models
Owner Earnings €8.30 €16.52 €29.15 31
Earnings-Based
Graham-Dodd €8.25 €26.14 €34.82 54
Lynch FV €5.75 €8.21 €10.67 50
PEG = 1.0 €5.75 €8.21 €10.67 46
EPV €6.38 €8.48 €10.32 59
Dividend Discount
Gordon GGM €5.28 €10.98 €17.41 70
DDM Multi-Stage €5.28 €8.80 €11.52 61
Multiples
P/E Multiple €18.19 €24.26 €30.32 63
P/S Multiple €9.83 €13.10 €16.38 58
P/B Multiple €15.46 €20.62 €25.77 55
EV/EBIT €18.33 €26.53 €34.72 53
EV/EBITDA €12.49 €18.73 €24.97 54
EV/Revenue €2.93 €6.86 €10.79 43
Asset-Based
NCAV (Graham) €3.57 €4.78 €7.13 50
Economic Profit
Residual Income €7.91 €10.08 €27.03 76
ROIC Compounder €6.38 €9.31 €13.49 72
Growth Earnings
Growth-Adj P/E €15.22 €21.74 €28.26 68

Widest divergence: Growth Earnings (€21.74) versus Asset-Based (€4.78). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) €2.8B
Revenue growth (YoY) +6.1%
Net margin 40.2%
Return on equity 17.7%
Free cash flow −€9.9B FY2025
P/E ratio 12.9
More key figures
Operating margin 58.4%
EPS (TTM) €1.19
Dividend yield 3.0%
EPS growth (YoY) +6.9%
Net cash €4.6B FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 43 · Market factors (momentum, volatility) 77

Profitability 37
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 86
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Bankinter, S.A. provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland. The company operates through Commercial Banking, Corporate Banking, BKCF Spain, BK Portugal, BK Ireland, and Other Businesses segments.

Full company description

Bankinter, S.A. provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland. The company operates through Commercial Banking, Corporate Banking, BKCF Spain, BK Portugal, BK Ireland, and Other Businesses segments. It offers smart digital, payroll, pension, business, non-salary, currency, youth, current, and management accounts; debit and credit cards; cash management cash pooling; guarantees; mortgages and loan products; financing; and investment banking and wealth management services. The company also provides investment funds, retirement, broker, alternative investment, deposit, and treasury bills; SEPA direct debit, VAT and invoice advance, commercial discount, factoring, cheque deposits, and POS; and cheque and promissory notes, confirming, payroll, and tax and social security; treasury management and documentary business; and VAT advance, multi-currency and open-term credit account, leasing, and structured financing services. In addition, it offers home, life, health, death, and motor vehicle; property, multi-risk, civil liability, construction and decennial, trade credit, and personal; general and business liability, liability for executives, construction, and machinery and equipment; group life, health, and accident; and pension scheme insurance products. Further, the company provides various services, such as real estate and account management, virtual agent, financial data aggregation, direct debit management, transfer, certificate, tax payment, estate administration, and foreign currency order services. Additionally, it offers retail, personal, private, and corporate banking products, as well as remote banking services. The company was formerly known as Banco Intercontinental Español, S.A. and changed its name to Bankinter, S.A. in July 1990. Bankinter, S.A. was incorporated in 1965 and is headquartered in Madrid, Spain.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bankinter, S.A reported revenue of €4.7B in FY2025 versus €2.2B in FY2021, a compound +21.3%/yr. Reported net income was €1.1B in FY2025, compounding −4.9%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€4.7B
Latest YoY
−9.5%
Avg. growth/yr (3Y)
+23.6%
Avg. growth/yr (5Y)
+18.8%
Avg. growth/yr (25Y)
+5.8%
Revenue +21.3%/yr
FY21 €2.2B
FY22 €2.5B
FY23 €4.4B
FY24 €5.2B
FY25 €4.7B
Net income −4.9%/yr
FY21 €1.3B
FY22 €560M
FY23 €845M
FY24 €953M
FY25 €1.1B

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Cite: Fair Value Calculator (2026). "Bankinter, S.A Fair Value". https://www.fairvalue-calculator.com/stock/BKT

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Banks - Regional · 1082 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Above median
Fair Value upside −4% · Below median
Return on equity (TTM) 18% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) 40% · Top 25%
Operating margin (TTM) 58% · Top 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 3.0% · Above median
Debt / equity 3.22× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 12.9× · Pricier than median
P/B 2.48× · Pricier than 75% of peers
P/S (TTM) 5.76× · Pricier than 75% of peers
EV/EBITDA 13.2× · Pricier than median
PEG 10.15× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 28 · sector 39
FUTURE 31 · sector 44
PAST 71 · sector 41
HEALTH 0 · sector 85
DIVIDEND 60 · sector 49

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

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Frequently asked questions

Is Bankinter, S.A (BKT) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of €15.77 versus a price of €16.44, about −4% (fairly valued).
What is the fair value of BKT?
Our model-based fair value for Bankinter, S.A is €15.77 (as of Jul 13, 2026), built from audited fundamentals. The current price is €16.44.
What is the quality score of BKT?
Bankinter, S.A has a Quality Score of 57/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Bankinter, S.A (BKT)?
Bankinter, S.A reported trailing-twelve-month revenue of about €2.8B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of BKT?
The net profit margin of Bankinter, S.A is about 40.2%, meaning it keeps roughly 40.2% of revenue as net income. Based on the latest reported figures.
Does Bankinter, S.A pay a dividend?
Bankinter, S.A currently shows a dividend yield of about 3.21% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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