Bankinter’s Q4 net profit falls 15% from same period in 2020 By Reuters

January 20, 2022 admin Stock News 0

© Reuters. FILE PHOTO: A Bankinter logo is displayed on a wall in Madrid, Spain, March 17, 2016. REUTERS/Andrea Comas/File Photo

MADRID (Reuters) – Spain’s Bankinter said on Thursday its fourth quarter net profit fell 15% from the same period a year ago due to one-off charges related to its contribution to the local fund that protects bank deposits.

The country’s fourth-biggest bank by market value reported a net profit of 82.5 million euros ($93.6 million) in the October to December period, more than the 60 million euros expected by analysts polled by Reuters.

($1 = 0.8811 euros)

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