Bankinter fits my dividend strategy thanks to its combination of growth and coverage. EPS has risen from €0.610 in 2022 to €1.170 in 2025, and is estimated at €1.319 for 2026 and €1.453 for 2027, representing growth of +12.8% and +10.1%. The estimated dividend of €0.62 offers a 4.3% yield at a price of €14.41, with a 49% payout, a level that leaves room to sustain it. In addition, the track record shows growth from €0.235 in 2021 to €0.575 in 2025, with no recent cuts. The forward P/E falls to 10.9x in 2026 and 9.9x in 2027, below that of several peers. The debt-to-equity ratio of 1.54 warrants monitoring, and the share price has fallen 12.9% in three months. I am initiating a moderate position.
Translated automatically from the original in Spanish.