Bankinter S A : Results presentation (9M25 BKT Earnings)

About this update from Bankinter Sa

9M2025 Earnings Presentation 1 23 rd of October 2025 Highlights 3 Geographies & Businesses Results & Solvency Closing Remarks 4 Highlights ROTE 19,4% LTM .1 Highlights Record profitability through sustainable growth and disciplined execution Exceptional customer volume growth +5% +9% CUSTOMER VOLUMES +5% +20% CUSTOMER LENDING RETAIL DEPOSITS AUMs Disciplined margin management 9M25 2,70% 1,79% CUSTOMER MARGIN NIM Continued strength in fees & results -3,5% +5% GROSS OPERATING INCOME +10,6% NII NET FEES Execution excellence across core pillars 9M25 Sep-25 36,2% 2,05% COST-TO-INCOME RATIO NPL RATIO Volumes +9% +€19Bn vs sep-24 .1 Highlights Commercial ambitions driving long-term diversified customer growth By category € billion, % variation vs sep-24 By geography % customer volumes, % variation vs sep-24 By new credit production % YTD, % variation vs 9M24 AUMs +20% Retail deposits +5% Customer lending +5% 215 55 58 66 81 83 85 78 80 83 221 234 sep-24 dec-24 sep-25 Spain +7% Portugal +12% Ireland +20% 2% 11% 87% Mortgages +16% Consumer -3% Corp & SME +6% 22% 8% 70% 01. .1 Highlights Diversified organic growth across all geographies and business lines Customer lending evolution: Bankinter vs Sector % 12-month variation 20,4% 11,3% 6,8% 2 3,4% 3,1% 1 2,5% 1 2,0% 3 BKT Portugal Sector BKT Ireland Sector Sector Corp&SME banking Sector Retail Banking 4,3% SPAIN (1) BoS (August 2025, chapter 19, table 16) (2) BoP July 2025 (3) CBI June 2025 01. .1 Highlights Core revenues strengthened by strong fee growth and positive NII trends Net interest income € million Core revenues 2,70% Customer Margin 9M25 € million ~0% 541 560 566 +1% 550 +3% +5% 4Q24 1Q25 2Q25 3Q25 2.249 2.244 1.728 1.667 577 521 - €61M / -3,5% +€55M / +10,6% 9M24 9M25 NII Net Fees vs sep-24 01. .1 Highlights Applied innovation driving productivity and operational scalability Productivity by employee Costs to customer volumes Customer volumes / Employees (€ million) Operating expenses / Customer volumes (€ million for each € billion) 31 33 35 4,8 € 4,8 € 4,7 € dec-23 dec-24 sep-25 dec-23 dec-24 sep-25 Success stories that reflect our culture of innovation Personal productivity +600 personalized AI agents created, tailored to specific tasks and departmental processes AI in risk management +100.000 documents processed automatically every month AI powered email Automatic review & classification of email distribution groups (internal and client-facing), enhancing response times and accuracy Operational scalability Internal AI agents managing employee inquiries across HR, IT, operations, and call centers Product innovation Launch in Ireland of the first variable-rate mortgage indexed to Euribor, as well as fully digital time deposit gathering 10 10 .2 Results & Solvency Solid P&L results Bankinter Group € million 9M25 9M24 Dif. € Dif. % Net interest income 1.667 1.728 -61 -3,5% Net fees & commisions 577 521 +55 +10,6% Other income / expenses 8 -98 +106 n.a. Gross operating income 2.251 2.151 +100 +4,7% Operating expenses -815 -745 -70 +9,4% Pre-provision profit 1.437 1.407 +30 +2,1% Cost of risk & other provisions -294 -324 +30 -9,4% Profit before taxes 1.143 1.083 +60 +5,6% Net profit 812 731 +80 +11,0% .2 Results & Solvency Net interest margin on a positive trajectory during the year, with customer margin at 2,70% Net interest income € million Customer margin 1,79% NIM 9M25 2,70% Customer Margin 9M25 quarterly in % 568 550 541 560 566 3,95 3,71 3,49 2,74 2,73 2,65 1,21 0,98 0,84 3Q24 4Q24 1Q25 2Q25 3Q25 1Q25 2Q25 3Q25 Customer Credit Yield Customer Deposit Cost Customer Margin .2 Results & Solvency Successful digital account strategy driving increase in sight deposits Digital acquisition campaigns creating a more flexible deposit structure with additional fee income at marginal servicing costs Retail Deposit type structure 100% staked bar chart Repricing correlated with rate reductions in % Digital accounts: x4 since Sep-24 115bps Flexible shorter duration deposit accounts 2,55 2,45 2,10 2,12 1,40 1,21 0,98 0,84 128bps spread over E12M sep-24 dic-24 mar-25 jun-25 sep-25 Digital renumerated accounts Treasury accounts Term deposits Sight accounts 4T24 1T25 2T25 3T25 Cost of Deposits Euribor 12M .2 Results & Solvency Robust fee expansion +11% YoY with sustained quarterly momentum Net fees 521 577 +11% € million Gross fees received vs 9M24, € million Management & Brokerage 40% 381 +13% 53% % Fees 9M24 9M25 Transactional 292 +2% +2% 192 196 Insurance 49 +7% 7% 0 2Q25 3Q25 .2 Results & Solvency Other income & expenses Bankinter Group € million 9M25 9M24 Dif. € Dif. % Equity method 36 23 +13 +57% Trading income/losses & dividends 40 36 +4 +11% Sub Total 75 58 +17 +29% Other operating income/expenses -68 -157 +89 -57% Total 8 -98 +106 n.a. 36% Cost-to- income ratio 9M25 .2 Results & Solvency Reduced seasonality in operating expenses Operating expenses € million €272M 9M25 quarterly average €263M 2024 quarterly average +3% Reduce 4Q Costs vs. 4Q24 232 249 263 309 269 267 279 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25E .2 Results & Solvency Improving cost of risk and provisions Credit risk % of eligible risk, columns in € million 0,38% 0,40% 0,33% Other provisions % of eligible risk, columns in € million 238 262 240 0,10% 0,09% 0,08% 64 62 53 9M23 9M24 9M25 9M23 9M24 9M25 Provisions and other impairments Annualized cost 1. Calculations based on end of period data and excluding extraordinaries .2 Results & Solvency Achieving record profit levels Profit before taxes € million Net profit € million +6% vs 9M24 +11% vs 9M24 1.004 1.083 1.143 685 731 812 9M23 9M24 9M25 9M23 9M24 9M25 .2 Results & Solvency Improving credit risk and asset quality metrics across all geographies NPLs, NPL ratio & coverage ratio € billion and in % Asset quality 1 NPL by region vs last sector data -17bps NPL ratio vs. +5% eligible risk vs sep-24 69% 69% 70% 1,93 1,88 1,88 2,9% 2,3% 2,3% 1,4% 2,22% 2,11% 2,05% 0,9% 0,3% sep-24 dec-24 sep-25 NPLs NPL ratio Coverage ratio Bk Spain Bk Portugal Bk Ireland Bankinter Sector 1 Sector NPL data based on the last available data published by each national bank as of October 2025 .2 2025 Capital Pillar II (P2R) Capital R equiremen t 1,30% 4º lowest out of 110 European entities Results & Solvency Strong capital & solvency ratios CET1 12,9% Buffer +4,99% Regulatory Min. 7,95% CET1 ratio % Leverage ratio 5,2% 0,87 12,84 0,10 12,94 12,41 -0,26 -0,18 +61bps organic generation Total Capital ratio 17,8% dec-24 Retained earnings Business (RWAs) Intangibles and others % CET1 pre valutation adj. Valuation adjustments sep-25 2025 EBA Stress Test: Lowest Capital depletion amongst Spanish and Eurozone listed banks -55bps in adverse scenario 21 03. .3 Geographies & Businesses Increased commercial activity and profitability across regions Customer volumes % customer volumes, % variation vs sep-24 Gross operating income % contribution, % variation vs 9M24 2% 4% 11% 87% 12% 84% Spain +7% Portugal +12% Ireland +20% Spain +4% Portugal +3% Ireland +14% 03. .3 Geographies & Businesses Spain Business KPIs P&L € million Net interest income 9M25 1.369 9M24 1.444 Dif. % -5% Net fees 510 458 +11% Other income / expenses 16 -88 n.a. Gross operating income 1.895 1.814 +4% Operating expenses -685 -628 +9% Pre-provision profit 1.210 1.185 +2% Cost of risk & other provisions -255 -282 -10% Profit before tax 955 903 +6% €67 Bn Customer lending +4% YoY Retail Banking €35bn +3% Corp. & SME banking €31bn +4% €77 Bn Retail deposits +4% YoY €139 Bn 1 +17% YoY AUM €60Bn AUC €79Bn +19% YoY +16% YoY Cost-to- income ratio 36% +3% quarterly avg. cost 9M25 vs FY24 1 Assets under Management:+ Assets under Custody Based on management criteria. Impact from banking tax is included. When excluded, variation is -4% YoY .3 Geographies & Businesses Portugal Business KPIs P&L € million Net interest income 9M25 213 9M24 211 Dif. % +1% Net fees 59 56 +5% Other income / expenses -1 -5 -69% Gross operating income 271 263 +3% Operating expenses -89 -79 +12% Pre-provision profit 182 183 -1% Cost of risk & other provisions -25 -30 -14% Profit before tax 157 154 +2% €11 Bn Customer lending +11% YoY Retail Banking €7Bn +12% Corp. & SME Banking €4Bn +10% €10 Bn 1 Customer deposits+5% YoY €11 Bn 2 +23% YoY AUM €6Bn AUC €5Bn +27% YoY +19% YoY Cost-to- income ratio 33% +7% quarterly avg. cost 9M25 vs FY24 Based on Management criteria 1 Includes wholesale customer deposits .3 Geographies & Businesses Ireland Business KPIs P&L € million Net interest income 9M25 85 9M24 73 Dif. % +16% Net fees 7 7 +3% Other income / expenses -6 -5 +24% Gross operating income 86 75 +14% Operating expenses -39 -34 +12% Pre-provision profit 47 41 +16% Cost of risk & other provisions -13 -12 +13% Profit before tax 34 29 +17% €4,4 Bn Customer lending +20% YoY Mortgages €3,4Bn +23% Consumer €1,0Bn +11% 0,3% NPL ratio Cost-to- income ratio 45% +4% quarterly avg. cost 9M25 vs FY24 Based on Management criteria .3 Geographies & Businesses Corporate & SME banking growth acceleration Customer lending € billion International business segment size & growth (Spain) +5% vs sep-24 New credit origination % of origination YTD Customer lending % of total, % increase vs sep-24 34% 66% +9% 32% 68% +2% 34,5 35,0 33,4 Domestic International business Customer lending growth (Spain) sep-25 vs sep-24 +4,3% Bankinter +2,5% Sector 1 sep-24 dec-24 sep-25 1 Data BoS Aug 25. Table 19.16 .3 Geographies & Businesses Retail Banking: increased trends in mortgage activity and strong account gathering Salary account balances 13,5 12,5 12,6 +7% vs sep-24 € billion sep-24 dic-24 sep-25 New mortgage origination € billion Market share Spain 1 6% Portugal 2 6% Ireland 3 ,1 6% ~75% Fixed / Mixed +16% vs 9M24 4,2 4,2 4,9 9M23 9M24 9M25 Mortgage backbook +3,4% Spain +5% vs sep-24 Sector 4 +2,9% Sector 2 +8% Portugal +11% Ireland +23% € billion 38,0 36,2 36,5 sep-24 dic-24 sep-25 1 INE July 25.Market share in Spain in the last 12 months. 27 2 Bank of Portugal July 25, last twelve months. 3 Bank of Ireland, Aug 25, YTD 4 BoS Table 19.16. August 25, last twelve months. .3 +€16Bn Incremental wealth In 2025 €7,5Bn Net New Money €8,5Bn Market Effect Geographies & Businesses Wealth Management: growth reflects the high-quality customer base Customer wealth 1 57 70 72 80 55 69 133 129 +16% / +€20Bn € billion 149 sep-24 dec-24 sep-25 Private Banking Retail Banking Integrated from EVO 1 Customer wealth includes accounts, deposits, AUMs y AUCs 28 €150Bn +€22Bn / +18% AUMs + AUCs vs sep-24 .3 Geographies & Businesses Off Balance sheet volumes, leading the sector in growth AUMs € billion AUCs 1 € billion 55 58 66 +19% vs sep-24 38 84 vs 73 73 25 25 25 48 48 59 +24% +1% sep-24 32 34 +21% 23 24 28 sep-24 dec-24 sep-25 sep-24 dec-24 sep-25 Third Party Investment Funds Bankinter Products 29 Fixed Income securities Equity securities 1 Includes securities from institutional clients 30 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .

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