Bankinter S A : Results presentation (1Q25 Results presentation)

About this update from Bankinter Sa

Earnings Presentation Q12025 24 April 2025 Disclaimer Bankinter presents its financial statements in accordance with the regulatory framework applicable to the Group, set out in the Commercial Code and other company regulations, as well as by International Financial Reporting Standards adopted by the European Union, and prudential regulation with our best estimation of regulatory ratios. The purpose of this presentation is purely informative, and its content should not be understood as an offer or recommendation to buy or sell financial instruments issued by Bankinter, S.A. ("Bankinter" or "BKT") or any other companies mentioned herein. Investors should make their own investment decisions, seeking the specialized advice they deem necessary and not relying on the information contained in this presentation. 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 results to differ significantly from our expectations. These factors include, but are not limited to, (1) general market trends, macroeconomic, political, and new regulations, (2) variations in both local and international stock markets, foreign exchange and interest rates, as well as other market and operational risks, (3) competitive pressures, (4) technological developments, (5) changes in the financial situation, credit capacity, or solvency of our clients, debtors, and counterparties, etc. The financial information contained in this document has been prepared in accordance with International Financial Reporting Standards (IFRS). This document also includes certain Alternative Performance Measures (APMs), as defined in the Guidelines on Alternative Performance Measures published by the European Securities and Markets Authority (ESMA) in October 2015 (ESMA/2015/1415). Bankinter uses certain APMs, which have not been audited, to allow users to better understand the Company's financial performance. These measures should be considered as additional information and under no circumstances replace the financial information prepared under IFRS. Furthermore, the way in which Bankinter defines and calculates these measures may differ from other similar measures calculated by other companies and, therefore, may not be comparable. The ESMA Guidelines define APMs as a financial measure of historical or future financial performance, financial position or cash flows, other than a financial measure defined or specified in the applicable financial reporting framework. To learn more about the APMs used and the reconciliation of certain indicators, please see the relevant quarterly financial report of Bankinter, which can be found in Excel format on its website under Shareholder and Investor Relations/Financial Information/Quarterly financial information in excel . Notwithstanding any legal requirements or any limitations imposed by Bankinter that may be applicable, any form of use or application of the contents of this presentation, as well as the use of the signs, trademarks, and logos contained therein, is expressly prohibited. This prohibition extends to all types of reproduction, distribution, transfer to third parties, public communication, and transformation, by any means or medium, for commercial purposes, without the prior and express authorization of Bankinter and/or other respective owners of the presentation. Failure to comply with this restriction may constitute an infringement that the current legislation may sanction in such cases. In the event of any discrepancies between this presentation and the original version in Spanish, the latter shall prevail as the authoritative document over this translation. 3 /01 Highlights 4 Highlights .1 Promising start of the year Strong commercial activity, reflected in solid volume and fee growth vs 1Q24 +9% Growing customer volumes CUSTOMER VOLUMES 1 +5% +7% +17% LOAN BOOK RETAIL DEPOSITS AUMs vs 1Q24 +11% Increasing revenues GROSS OPERATING MARGIN -6% +13% NII NET FEES 1Q25 2,16% Preserving the risk profile NPL RATIO Last 12 months 36,7% Best-in-class efficiency levels COST-TO-INCOME 1Q25 Net Income €270 Million ROTE 19,9% Last 12 months 5 1 Loan Book, retail deposits and Assets under Management ("AUMs"). Highlights .1 Volume growth across the board, spanning all geographies Customer Volumes 1 By Volume Type € billion € billion + 9% +€18Bn vs mar-24 +9% / €18Bn Loan Book +5% / €3,7Bn 77 80 81 206 221 224 mar-24 dec-24 mar-25 mar-24 dec-24 mar-25 Retail Deposits +7% / €5,7Bn By Geography % of customer volumes, legend % increase vs mar-24 79 83 84 2% 10% mar-24 dec-24 mar-25 Spain +9% AUMs +17% / €8,6Bn Portugal +8% Ireland +23% 50 58 59 88% mar-24 dec-24 mar-25 6 1 Includes loan book, retail deposits and Assets under Management ("AUMs"). Highlights .1 Gross income up 73 million euros, reflecting an 11% increase Driven by strong fee performance and absence of the bank levy Gross operating income "Core" revenues € million +11% / +€73M 732 659 € million Relevant income differences: +€22M Net Fees -€37M NII +€95M Bank Levy -2% 743 166 729 188 578 541 1Q24 1Q25 1Q24 1Q25 Net Interest Income (NII) Net Fees 7 Highlights .1 Preserving asset quality Through well-balanced growth, with 68% of new loans backed by real guarantees Loan Book Growth Asset Quality 1 % of loan book growth NPL Ratio, last sector data +€3,7Bn / +5% 3,3% vs mar-24 2% 2,5% 2,4% 30% 40% 1,3% 1,0% 13% 15% 0,3% Credit Cards Spain Portugal Ireland Spanish mortgages, other w/ real guarantees NPL Sector Irish Mortgages Portuguese mortgages, other w/ real guarantees Loans and other credits 8 1 Sector NPL data based on the last available information published in each national bank as of April 2025 Highlights .1 Optimizing efficiency ratios, and reaching all-time-high profitability levels Cost-to-income ratio 12-month periods 42,3% 37,2% European Peers 1 Cost-to-Income ratio: 47,8% 1 st quartile out of +100 European 36,7% SIs ROE 19,9% 12-month periods ROTE 4º quartile 18,8% out of +100 European 17,9% SIs 17,1% European Peers 1 ROE: 12,2% mar 22-23 mar 23-24 mar 24-25 2023 2024 1Q25 1. 4Q24 aggregated data from ECB Data Portal. Supervisory data Business model Diversified Lenders includes 30 European Peers. Table T04.05. Quartile data, Significant Institutions (SIs) 9 /02 Results & Solvency

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