Bankinter, S.A. (BKIMF) Q1 2025 Earnings Call Transcript


Bankinter, S.A. (OTCPK:BKIMF) Q1 2025 Earnings Conference Call April 25, 2025 3:00 AM ET

Company Participants

Laurie Shepard – Investor Relations
Gloria Ortiz – Chief Executive Officer
Jacobo Diaz – Chief Financial Officer

Conference Call Participants

Francisco Riquel – Alantra
Sofie Peterzens – JPMorgan
Alvaro Serrano – Morgan Stanley
Maks Mishyn – JB Capital
Britta Schmidt – Autonomous Research
Carlos Peixoto – CaixaBank BPI
Ignacio Ulargui – BNP Paribas
Marta Sanchez – Citi
Ignacio Cerezo – UBS
Cecilia Romero – Barclays

Laurie Shepard

Good morning. This is Laurie Shepard from the Bankinter Investor Relations team. Thank you all for joining us for this first quarter earnings presentation. Financial statements were posted with market authorities earlier this morning and all materials can also be found on our corporate website.

On the call today, we are joined by Bankinter’s, Chief Executive Officer, Gloria Ortiz; and Chief Financial Officer, Jacobo Diaz. Please refer to the disclaimer in the presentation and note that this call is being recorded.

I will now turn over to Gloria to review highlights for the quarter. Jacobo will then talk through the financial results and performance of our business segments across the group, before handing back to Gloria to close the presentation.

Gloria Ortiz

Thank you, Laurie and good morning to everyone on the call. Bankinter initiated 2025 with significant commercial activity resulting in higher volumes across all its businesses and regions. We continue to consolidate a trend of increased profitability and strength through the diversification of revenue sources segments and business products and services. This strength in commercial activity is reflected with solid growth of all customer volumes, increasing 9% in total with our loan book, up 5%, retail deposits 7% and assets under management increasing 17%.

As our strategic focus is to deliver innovative products and services



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