Slide 1: Earnings Presentation Q1 2026
Earnings Presentation Q12026 23rd April 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. Bankinter presents its financial statements While these statements represent our opinion and future expectations, various risks, uncertai
Slide 3: Agenda
Highlights /01 Results & Solvency /02 Geographies & Businesses /03 /03 Closing Remarks /04 Agenda 3
Slide 4: Highlights
Highlights a a
Slide 5: ROTE 20% Net Profit €291M / +7,6%
Highlights .1 Profitable and disciplined growth, supported by a high-quality balance sheet +6,5% Profitable and disciplined volume growth CUSTOMER VOLUMES vs 1Q25 +5% +1% +17% CUSTOMER LENDING RETAIL FUNDS AUMs Continued improvement in margin discipline 2,68% 1,76% 1Q26 CUSTOMER MARGIN NIM +6,5% Div
Slide 6: Broad-based volume growth across products and geographies
Highlights .1 01. Broad-based volume growth across products and geographies Customer Volumes1 Volume Breakdown By Geography €Bn €Bn % of customer volumes, % and € vs mar-25 +6,5% / Customer Lending +5% / €4Bn €14Bn 81 85 2% 10% mar-25 mar-26 Retail Funds +1% / €0,5Bn +€14Bn 239 84 85 87% 224 mar-25
Slide 7: Sustainable revenue growth supported by a differential business model
Highlights .1 01. Sustainable revenue growth supported by a differential business model Stronger and more diversified core revenues Margin discipline sustaining NII growth € million € million +6,2% 590 +5,5% 9,00% 580 8,00% 570 571 774 566 729 570 7,00% 560 203 +€15M 560 6,00% 188 550 5,00% 541 540
Slide 8: Disciplined management strengthening the foundations for sustainable profitability
Highlights .1 Disciplined management strengthening the foundations for sustainable profitability Cost-to-income ratio NPL & Coverage ratios CET1 ratio 36,3% 3,0% 70% 69% 68% 70,0% 36,1% 2,8% 13,0% 65,0% 2,6% 60,0% 12,7% 2,4% 55,0% 35,4% 2,2% 2,11% 50,0% 2,0% 1,94% 1,92% 12,4% 45,0% 1,8% 40,0% 2024 2
Slide 9: Bankinter Portugal: solid profitable growth with a sustainable and scalable model
Highlights .1 Bankinter Portugal: solid profitable growth with a sustainable and scalable model Since 2016 Evolution Customers (thousands) x2 Customer volumes1 (€Bn) x3 278 30 Focus on value added segments: 134 10 Private Banking x8 Corp. & SME Banking x6 2016 2025 2016 2025 Cost-to-income ratio (%)
Slide 10: Strategic transactions strengthen scale, capabilities and leadership
Highlights .1 Strategic transactions strengthen scale, capabilities and leadership Strong structural sector growth Strategic rationale Source: Preqin ($ trillion) x4,5 Strengthen leadership in Iberia in direct alternative investments 19,3 Accelerate pan-European expansion with greater scale and spec
Slide 11: Results & Solvency
Results & Solvency 11
Slide 12: Profit & Loss Summary
Results & Solvency .2 Profit & Loss Summary Bankinter Group € million Dif vs 4Q25 Dif vs 1Q25 1Q26 € % € % Net Interest Income (NII) 571 1 0% +30 +5,5% Net fees & commissions 203 -15 -7% +15 +8,1% Other income / expenses 5 -2 -25% +2 +80% Gross Operating Income 779 -16 -2% +47 +6,5% Operating expens
Slide 13: Resilient net interest income driven by margin discipline and volumes
Results & Solvency .2 Resilient net interest income driven by margin discipline and volumes NII quarterly evolution Customer Margin & NIM € million % +5,5% 3,95 3,71 vs 1Q25 3,49 3,48 3,48 2,74 2,73 2,65 2,68 2,61 1,84 1,83 1,72 1,76 1,76 570 571 566 560 Δ 1,21 Δ 0,98 541 0,84 0,87 0,81 1Q25 2Q25 3Q
Slide 14: Deposit mix optimization: shifting to more stable retail funding
Results & Solvency .2 Deposit mix optimization: shifting to more stable, lower-beta retail funding Higher operational balances, with lower pricing sensitivity More stable, relationship-driven retail funds Active pricing discipline lowers retail deposit costs € billion % +19% Current accounts -43% Te
Slide 15: Fee income: resilient, diversified and value-driven
Results & Solvency .2 Fee income: resilient, diversified and value-driven Net fees: sustainable positive trends Mix of recurring fee streams € million € million 1Q26, yoy variation % Fees +8% Received vs 1Q25 Asset Management & 146 +18% 57% Brokerage Transactional 94 0% 36% 218 203 196 188 192 1 Ins
Slide 16: Other income and expenses: diversified underlying businesses supporting results
Results & Solvency .2 Other income and expenses: diversified underlying businesses supporting results Bankinter Group € million 1Q26 1Q25 Dif. € Dif. % Equity method 12 10 +2 +16% Trade Income/losses & Dividends 19 16 +3 +20% Subtotal 31 26 +5 +18% Other operational income/taxes -26 -23 -3 +11% Tota
Slide 17: Structural and sustainable efficiency improvements
Results & Solvency .2 Structural and sustainable efficiency improvements Control, simplification and pragmatic use of AI Sustainable and recurring improvement Disciplined cost growth Cost-to-income ratio, for the quarter % total, % vs 1Q25 47% 45% 9% Personnel +2% 33% 58% Admin +3% Amort +8% 36,8% 3
Slide 18: Maximizing the potential of AI
Results & Solvency ~10% .2 01. Maximizing the potential of AI Technology Spend % of Gross Op. Margin since 2018 Productivity per Employee Costs over Customer Volumes 50 Customer volumes / Employees Operating 8,0 costs / Customer Volumes € million 45 million of € per billion in volumes 40 36 7,0 6,40
Slide 19: Credit cost and other provisions remain well controlled
Results & Solvency .2 Credit cost and other provisions remain well controlled Cost of Risk Other provisions over total risk1, € million over total risk1, € million 120 0,40% 120 0,40% 0,36% 0,32% 0,32% 0,35% 100 0,35% 100 0,30% 0,30% 80 80 0,25% 0,25% 60 0,20% 60 0,20% 97 0,15% 0,15% 78 40 40 71 0,0
Slide 20: Net profit continues to grow, reflecting the strength of the business model
Results & Solvency .2 Net profit continues to grow, reflecting the strength of the business model Profit before tax Net Profit € million € million +8% +8% vs 1Q25 vs 1Q25 392 410 378 270 278 291 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 20
Slide 21: Consistent strong asset quality, outperforming the sector
Results & Solvency .2 Consistent strong asset quality, outperforming the sector Non-performing loans & coverage ratio NPL ratio by geography € billion 69% 70% 1Q26 vs. 1Q25 Last Sector Data 68% 2,16% Spain 2,1% -26bps 2,7% 1,94% 1,92% 1,9 Portugal 1,3% -1bps 2,1% 1,8 1,8 Ireland 0,3% +2bps 0,8% mar-
Slide 22: Strong capital & solvency ratios
2026 Results & Solvency Pillar II (P2R) .2 Strong capital & solvency ratios Capital Requirement 1,50% 4th lowest out of 110 European entities CET1 ratio CET1 % 1 12,96% 12,72 0,29 12,96 -0,02 -0,03 Buffer 4,36 +27bps organic generation 4,49 Leverage ratio 5,3% Total capital ratio Minimum 8,36 8,47 1
Slide 23: Geographies & Businesses
Geographies & Businesses 23
Slide 24: Solid diversified growth in volumes and revenues across geographies
Geographies & Businesses .3 03. Solid diversified growth in volumes and revenues across geographies Customer volumes1 Gross operating income Customer lending growth €Bn % total, % vs 1Q25 % vs 1Q25 +6% / 4,1% €14Bn 3,2% BKT Spain Sector 239 224 5 4% 4 25 12% 22 8,9% 6,8% +6% / €779M BKT Portugal Sec
Slide 25: Spain
Geographies & Businesses .3 03. Spain Business KPIs P&L 1Q26 1Q25 Dif. % € million €69Bn Net Interest Income 461 442 +4% Customer Lending+3% YoY Net Fees 180 167 +8% Retail Banking Corp & SME Banking €35Bn €34Bn +8% Other Income / Expenses 10 6 +63% Gross operating Income 651 615 +6% €77Bn Operating
Slide 26: Portugal
Geografies & Businesses .3 Portugal Business KPIs P&L 1Q26 1Q25 Dif. % € million €11Bn Net Interest Income 77 72 +8% Customer Lending +9% YoY Net Fees 21 19 +11% Retail Banking Corp & SME Banking €7,5Bn +13% €3,4Bn +4% Other Income / Expenses -3 -1 +109% Gross operating Income 96 90 +7% €10Bn Operat
Slide 27: Ireland
Geographies & Businesses .3 Ireland Business KPIs P&L 1Q26 1Q25 Dif. % € million Net Interest Income 33 27 +22% €5,0Bn Net Fees 2 2 -5% Customer Lending +23% YoY Other Income / Expenses -2 -2 +11% Mortgage Book Consumer Credit €4Bn +27% €1Bn +8% Gross operating Income 33 27 +20% Operating costs -15
Slide 28: Corporate & SME banking: strong growth and market share gains
Geographies & Businesses .3 Corporate & SME banking: strong growth and market share gains Customer Lending International Business customer lending €Bn €Bn +8% +17% vs mar-25 vs mar-25 12 11 10 mar-25 dec-25 mar-26 37,5 36,7 Customer Lending growth 35,0 1Q26 vs 1Q25 BKT Spain +8% Sector1 3% mar-25 de
Slide 29: Retail Banking: disciplined growth focused on margins and capital allocation
Geographies & Businesses .3 Retail Banking: disciplined growth focused on margins and capital allocation Salary and Digital account balances New Mortgage Origination Mortgage Backbook €Bn €Bn €Bn +47% -22% +4% vs mar-25 vs mar-25 vs mar-25 Growth by Geography Spain Portugal Ireland -40% +8% +37% ,1
Slide 30: Wealth Management: resilient growth supported by a high-quality customer base
Geographies & Businesses .3 Wealth Management: resilient growth supported by a high-quality customer base Customer Wealth1 €Bn +€18Bn /+13% 154 155 137 71 71 63 74 84 84 mar-25 dec-25 mar-26 Private Banking Retail Banking 1 Customer wealth includes balances in current accounts, term deposits, AUMs a
Slide 31: Off-Balance Sheet: clients remain invested despite elevated uncertainty
Geographies & Businesses €157Bn .3 03. Off-Balance Sheet: clients remain invested despite elevated uncertainty +€21Bn / +16% vs mar-25 AUMs1 AUCs2 €Bn €Bn +17% / +15% / €10Bn 87 88 €11Bn ~60bps 77 ~8bps fees p.a. 25 26 69 69 fees p.a. 59 25 29 29 25 62 62 51 40 40 34 mar-25 dec-25 mar-26 mar-25 dec-
Slide 32: Closing Remarks
Closing Remarks 32
Slide 33: Resilient performance and sustainable value creation
Management Pillars Closing Remarks .4 04. 35,4% 1,9% 13,0% Resilient performance and sustainable value creation Cost-to-income NPL ratio CET1 Disciplined management & execution through the cycle Net Profit High and sustainable ROTE Shareholder value creation € million TBV + Dividends for the period
Slide 34: Appendix
Highlights /01 Results & Solvency /02 Geographies & Businesses /03 /03 Closing Remarks /04 Appendix 34
Slide 35: 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 mar-26 % of total 84% Amount (€Bn) 14,8 0,8 15,6 +0,6 12% Fixed Spanish Sovereign r
Slide 36: Strong liquidity position, supported by efficient balance management
Appendix A.2 02. 98,4% Strong liquidity position, supported by efficient balance management LTD Ratio 1T26 Liquidity gap Wholesale funding maturities €Bn € million mar-25 jun-25 sep-25 dec-25 mar-26 -3,9 -2,3 -4,8 -4,4 -5,1 5.050 1.632 750 1.024 2026 2027 2028 2029 ≥2030 HQLAs 12M average €26Bn Liqu
Slide 37: Subordination
Appendix A.2 Minimum Requirement for own funds and Eligible Liabilities MREL ratio % RWAs (TREA) 25,44% 25,87% Requirement + CBR: Requirement + CBR: 2,89% 3,85% 23,4% 23,0% 6,42% 4,50% 2,82% 2,27% 1,75% Subordination Subordination 1,51% 22,6% 22,0% 12,35% 12,96% mar-25 mar-26 CET1 AT1 Tier 2 Senior
Slide 38: AUMs: Well diversified asset classes
Appendix A.3 03. AUMs: Well diversified asset classes Customer Off-Balance Sheet AUMs Mutual and pension funds diversification €Bn %, mar-26 +17% / 10Bn€ Alternative Investment and others; 6% 69 Equities; 59 5 Monetary funds; 5 29% 9% 4 9 5 8 20 17 29 Fixed income; 25 40% Mixed; 29% mar-25 mar-26 Pe
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