Slide 1: Earnings Presentation 1H2026
Earnings Presentation 1H2026 23rd July 2026
Slide 2: Disclaimer
Disclaimer Similarly, Bankinter advises that this presentation may contain forward-looking statements, regarding the business evolution and results of the entity. While these statements represent our opinion and future expectations, various risks, uncertainties and other important factors may cause
Slide 3: Agenda
Highlights /01 Results & solvency /02 Geographies & businesses /03 /03 Closing remarks /04 Agenda 3
Slide 4: Highlights
Highlights a i
Slide 5: Profitable growth and disciplined execution deliver strong shareholder value creation
Highlights .1 Profitable growth and disciplined execution deliver strong shareholder value creation Grow better Execute better Create more value +8% vs jun-25 34% 1H26 €605M +12% vs 1H25 Customer volumes Cost-to-income ratio Net profit 1H26 +7% vs 1H25 1,92% jun-26 20,36% +86pbs vs jun-25 Gross oper
Slide 6: Diversified organic growth
Highlights .1 01. Diversified organic growth Customer volumes1 Volume breakdown By geography €Bn €Bn % of customer volumes, % and € vs jun-25 Customer lending +5% 2% +8% / +€18 Bn 83 87 11% jun-25 jun-26 Customer funds +8% / +€18Bn +10% 148 162 249 62 +20% 75 87% 231 86 +2% 87 Spain: +7% / €15Bn jun
Slide 7: Revenue growth increasingly driven by recurring and value-added fees
Highlights .1 01. Revenue growth increasingly driven by recurring and value-added fees Gross income driven by core revenues Record quarterly NII and fee income € millions € millions +5% +3% +7,3% 570 571 589 1.603 560 566 600 541 1.494 500 440 380 +23% 400 +17% 237 300 218 203 188 192 196 1.160 200
Slide 8: Disciplined execution supporting sustainable value creation
Highlights .1 Disciplined execution supporting sustainable value creation Structural efficiency Differential asset quality Strong capital generation 3,0% 69% 12,9% 69% 68% 70,0% 36,3% 36,1% 2,8% 12,7% 65,0% 2,6% 60,0% 12,4% 2,4% 55,0% 34,3% 2,2% 2,11% 50,0% Lowest CET1 impact of the 2,0% 1,94% 1,92%
Slide 9: Compounding shareholder value over time
Highlights .1 04. Compounding shareholder value over time High and sustained ROTE Increasing EPS Shareholder value generation € per share TBV + dividends paid since jun-25. In € +0,9pp +11% +17% 7,66 0,62 6,55 20,4% 0,65 19,5% 7,04 0,59 jun-25 jun-26 jun-25 jun-26 jun-25 jun-26 TBV per share Dividen
Slide 10: Results & solvency
Results & solvency 10
Slide 11: Solid results with increasing revenues and contained expenses
Results & solvency .2 Solid results with increasing revenues and contained expenses € millions 2Q26 vs. 2Q25 vs. 1Q26 1H26 vs. 1H25 Net interest income 589 5% 3% 1.160 5% Net fees and commissions 237 23% 17% 440 16% Other (3) n/a n/a 2 n/a Gross operating income 824 8% 6% 1.603 7% Operating expenses
Slide 12: Positive NII development driven by volumes and margin discipline
Results & solvency 2,70% .2 Customer Positive NII development driven by volumes and margin discipline margin 1H26 NII evolution Customer margin & NIM € million % +5,2% 3,95 3,71 +3,3% 3,49 3,48 3,48 3,51 2,74 2,73 2,65 2,68 2,71 2,61 1,84 1,83 1,72 1,76 1,76 1,75 589 566 570 571 560 1,21 Δ Δ 541 0,9
Slide 13: Accelerating fee income, supported by wealth management product growth
Results & solvency .2 Accelerating fee income, supported by wealth management product growth Net fees: sustainable positive trends Mix of recurring fee streams € million € million 1H26, YoY variation % Fees Received +23%1 Asset management & 319 +28%1 58% 237 brokerage 218 23 203 Transactional 194 +1
Slide 14: Bankinter Investment: bigger scale, recurring revenues and value creation
Results & solvency .2 Bankinter Investment: bigger scale, recurring revenues and value creation 1 Gross operating income Alternative investments & vintage profile € million As of jul-26 32 Structured vehicles 249 233 231 + 20.000 Bankinter Investors 181 69 105 86 + €2,4Bn Cumulative payout 154 150 4
Slide 15: Widening operating jaws support structural efficiency improvements
Results & solvency .2 Widening operating jaws support structural efficiency improvements Structural efficiency gains % variation in revenues and expenses during the period Cost-to-income ratio 7,3% 36,1% 34,3% 2025 1H26 5,0% 4,3% +4,6 pp Disciplined expenses growth % of total, % vs 1H25 2,7% 5% 12%
Slide 16: AI-enabled scalability: growing volumes without proportional resources
Results & solvency 10% + .2 01. AI-enabled scalability: growing volumes without proportional resources Technology investment % of gross revenues Scaling volumes on a stable footprint AI First: top-down strategy, bottom-up adoption Growth indexed to Dec-20 = 0 Strategic AI Platforms 59%Scalability im
Slide 17: Cost of risk and other provisions remain stable
Results & solvency .2 Cost of risk and other provisions remain stable Cost of risk Other provisions over total risk1, € million over total risk1, € million 0,40% 200 0,40% 200 0,40% 180 0,32% 0,33% 0,35% 180 0,35% 160 160 0,30% 0,30% 140 140 0,25% 120 0,25% 120 100 0,20% 100 0,20% 176 80 159 162 0,1
Slide 18: Earnings momentum reflects the strength of our business model
Results & solvency .2 Earnings momentum reflects the strength of our business model Profit before tax Net profit € million € million +14% +16% 443 392 410 378 387 377 315 270 272 270 278 291 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 18
Slide 19: Asset quality remains a clear differentiator across all geographies
Results & solvency .2 Asset quality remains a clear differentiator across all geographies Further improvement in NPLs with stable coverage NPL ratios remain well below sector levels € billion 70% 69% 2Q26 vs. 2Q25 Last sector data 2,14% 1,92% Spain 2,1% -25bps 2,6% 2,0 Portugal 1,3% 0bps 2,1% 1,9 Ir
Slide 20: Strong capital generation and resilience remain key differentiators
Results & solvency .2 Strong capital generation and resilience remain key differentiators 12,9% CET1 CET1 evolution in 1H26 Differential capital resilience Breakdown in % +32bps organic generation 12,72 0,61 12,91 EBA Stress test. CET1 impact (bps) in adverse scenario -0,29 -0,13 -56 Bankinter Buffe
Slide 21: Geographies & businesses
Geographies & businesses 21
Slide 22: Spain
Geographies & businesses .3 03. Spain Business KPIs P&L € million 1H26 vs. 1H25 €70,5Bn Net interest income 937 4% Customer lending +3% YoY Net fees and commissions 392 16% Retail banking Corporate & SME banking €35Bn +0% €35Bn +7% Other 12 n.a. Gross operating income 1.341 6% €147Bn 1 Operating exp
Slide 23: Portugal
Geographies & businesses .3 Portugal Business KPIs P&L € million 1H26 vs. 1H25 €11,5Bn Net interest income 156 10% Customer lending +8% YoY Net fees and commissions 44 14% Retail banking Corp & SME banking €7,9Bn +11% €3,6Bn +2% Other income / expenses (4) n.a. Gross operating income 196 10% €15Bn O
Slide 24: Ireland
Geographies & businesses .3 Ireland Business KPIs P&L € million 1H26 vs. 1H25 Net interest income 66 20% €5,2Bn Customer lending +24% YoY Net fees and commissions 5 (6%) Mortgage book Consumer credit Other income / expenses (5) 14% €4Bn +29% €1Bn +8% Gross operating income 66 19% €0,1Bn Operating ex
Slide 25: Corporate & SME banking continues to outperform the market
Geographies & businesses .3 Corporate & SME banking continues to outperform the market Customer lending International business customer lending €Bn €Bn +7% +12% 12 11 10 jun-25 dec-25 jun-26 39 36 37 Customer lending growth jun-26 vs jun-25 BKT Spain +7% Sector1 3,6% jun-25 dec-25 jun-26 1. BoS May
Slide 26: Retail banking: disciplined growth focused on margins and capital allocation
Geographies & businesses .3 Retail banking: disciplined growth focused on margins and capital allocation 1 Salary and digital account balances New mortgage origination Mortgage backbook €Bn €Bn €Bn Variable origination ~51% x2 vs. 1H25 +3% Spain PT + IRL -34% +19% -16% 3,4 +20% 2,9 1,8 39 1,6 38 24
Slide 27: Off-Balance Sheet: resiliency both in AUMs and AUCs
Geographies & businesses €169Bn .3 03. Off-Balance Sheet: resiliency both in AUMs and AUCs +€27Bn / +19% vs. jun-25 AUMs1 AUCs2 €Bn €Bn +€13Bn / +20% ~ 60 bps p.a. +€14Bn / +18% ~8 bps p.a. 95 88 80 27 75 25 69 62 26 32 29 26 62 67 54 36 40 43 jun-25 dec-25 jun-26 jun-25 dec-25 jun-26 Bankinter prod
Slide 28: Closing remarks
Closing remarks 28
Slide 29: The Bankinter way: A proven model for long-term value creation
Closing remarks .4 04. The Bankinter way: A proven model for long-term value creation Consistently outgrowing the sector Creating superior value for shareholders Customer lending. CAGR for the last 5, 10 & 15 years CAGR TBVps + DPS in the last 5, 10 & 15 years 15Y 10Y 5Y 15Y 10Y 5Y 4,5% 14,2%12,8% 3
Slide 30: Low-risk entry into a new market with attractive long-term growth potential
Closing remarks .4 Low-risk entry into a new market with attractive long-term growth potential Larger market and higher yields Established platform with meaningful upside €Bn in Mortgages. Book as of dec-251 and origination FY252 628 512 Digital Platform 157 Institutional 94 111 83 investors 16 29 B
Slide 31: Profitable growth and disciplined execution deliver strong shareholder value creation
Closing remarks .4 Profitable growth and disciplined execution deliver strong shareholder value creation Grow better Execute better Create more value +8% vs jun-25 34% 1H26 €605M +12% vs 1H25 Customer volumes Cost-to-income ratio Net profit 1H26 +7% vs 1H25 1,92% jun-26 20,36% +86pbs vs jun-25 Gross
Slide 32: Earnings Presentation 1H2026
Earnings Presentation 1H2026 23rd of July 2026
Slide 33: Appendix
Highlights /01 Results & solvency /02 Geographies & businesses /03 /03 Closing remarks /04 Appendix 33
Slide 34: ALCO bond portfolio continues to support NII momentum
Appendix A.2 ALCO bond portfolio continues to support NII momentum Limited balance sheet risk, predominantly fixed-rate, held-to-collect and moderate in size HTC FV Total vs. dec-25 ALCO Portfolio distribution as of jun-26 % of total 84% Amount (€Bn) 15,3 1,0 16,2 +1,2 12% Fixed Spanish sovereign ra
Slide 35: Other income and expenses
Appendix A.2 Other income and expenses € million 1H26 vs. 1H25 Equity method 23 10% Trading & dividend income 34 (6%) Subtotal 57 0% Other operational income/expenses (55) 24% Total 2 (81%) 35
Slide 36: Strong liquidity position, supported by efficient balance management
Appendix A.2 02. 97,0% Strong liquidity position, supported by efficient balance management LTD ratio jun-26 Liquidity gap Wholesale funding maturities €Bn € million jun-25 sep-25 dec-25 mar-26 jun-26 -2,3 -2,9 -3,9 -4,4 -5,1 5.800 1.632 HQLA 12M average Issuance capacity 750 1.018 €26Bn €8Bn 2026 2
Slide 37: Subordination
Appendix A.2 Minimum requirement for own funds and eligible liabilities MREL ratio % RWAs (TREA) 27,11% 26,54% Requirement + CBR: Requirement + CBR: 2,86% 3,76% 23,0% 23,5% 6,36% 5,99% 2,93% 2,75% Subordination Subordination 1,82% 1,71% 23,7% 23,4% 12,57% 12,91% jun-25 jun-26 CET1 AT1 Tier 2 Senior
Slide 38: Wealth Management: growth reflects the high-quality customer base
Appendix A.3 Wealth Management: growth reflects the high-quality customer base Customer Wealth1 €Bn +€21Bn /+15% 8 163 142 13 73 66 77 90 jun-25 Market effect Net New Money jun-26 Private Banking Retail Banking 1 Customer wealth includes balances in current accounts, term deposits, AUMs and AUCs 38
Slide 39: Glossary - Acronyms
A Glossary - Acronyms Concept Definition ALCO Asset–Liability Committee APMs Alternative performance measures AUCs Assets under custody AUMs Assets under management BoS / BoP Bank of Spain / Bank of Portugal, Central banks from Spain and Portugal respectively BKT Bankinter CAGR Compound annual growt