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Bankinter Q2 Pre-tax Profit Rises 7%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Banking service provider Bankinter, S.A. (BKT.MC), on Thursday announced a 14.4 percent increase in second-quarter net income compared to the same period last year.

Pre-tax profit increased to 765.6 million euros, a 7% rise from the previous year.

Net income was 541.7 million euros, a 14.4% increase year on year.

Net interest income declined to 1,101 million euros, a 5.1% decrease year on year.

Operating income grew to 958 million euros, an increase of 3% year on year.

Net fee and commission income climbed to 380 million euros, an 11.2% year-on-year growth.

Currently, shares of Bankinter are at $1243, down $0.84 or 7.20%

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