Newsletter #15 - 1st half 2017 Earnings Results
BKIA Share

Bankia - Shareholders and investors

Bankia earns €514Mn up to June
6.7% more than in the first half of 2016
  • The Bankia Group’s attributable profit is 514 million euros up to June, an increase of 6.7% compared to the first half of 2016
  • Return on equity rises to 8.6%, above the 8.2% at the end of the first half of 2016
  • Strong revenue from the traditional banking business, coupled with cost control and lower provisioning explain the improvement in profit
  • The CET1 Fully Loaded ratio climbs 80 basis points in the half-year, to 13.82%
  • NPLs decrease by 922 million euros in the first half and the NPL ratio drops to 9.1%
  • The customer base has grown by 107,000 in the last twelve months, with more than 100,000 new direct income deposits (salaries and pensions)
  • Customer satisfaction indexes are at their highest level in the bank’s history
  • Great dynamism in the multichannel offering. The Connect with your Expert customers are up 57.7% in the half-year. At the end of June 2017, multichannel customers already represent 39.3% of the Group’s total customers, compared to 37.6% in December 2016
  • Customer funds managed by the Group have grown 1.1% since June 2016, driven by demand deposits (+29.7%), savings accounts (+12.2%) and mutual funds (+11.6%).
  • Bankia carries out its first AT1 bond issue in the amount of 750 million euros. The issue was completed on 6 July, with a coupon of 6.00%, and was 3.3 times oversubscribed.

View Infographics   /  Access 2Q17 Earnings Report

Indicators

Data as of June 30th, 2017. Click on each item for further information.

ATTRIBUTABLE PROFIT 514
million € (+6.7% vs 1H16)

ROTE 8.7%
in 1H17

EFFICIENCY RATIO 46.4%
in 1H17

CET 1 FULLY-LOADED RATIO 13.82%
in 1H17 (+80 bps)

NET NEW CUSTOMERS +107,000
vs Jun'16

CUSTOMER SATISFACTION INDEX 89.3%
vs 87.3% in 2016

MULTICHANNEL CUSTOMERS 39.3%
Jun'17

NPL RATIO 9.1%
Jun'17

Material disclosures
21 July 2017
The board of directors of the company has agreed to call the Extraordinary General Meeting of Shareholders.
30 June 2017
Issue of preferred securities contingently convertible into newly issued ordinary shares targeted only at professional investors.
28 June 2017
S&P Global Ratings affirms Bankia’s rating.
27 June 2017
The Company submits a presentation about the merger Bankia-BMN for press.
Studies and presentations
08 June 2017
Bankia: The future ahead - Presentation by Bankia´s Chairman at the Goldman Sachs Annual European Financials Conference 2017 - Madrid
BANKIA SHARE: discover the NEW interactive share price tool
PRESS KIT BANKIA 1H17 RESULTS: presentations, videos, news, infographics, multimedia gallery...
TRANSPARENCY: Visit our corporate governance and remuneration policy section
Calendar
2017 Extraordinary General Meeting of Shareholders
14 September 2017
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