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Bankinter’s Q4 net profit fell 15% from the same period in 2020 to Reuters

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

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

The country’s fourth-largest bank had a net profit of 82.5 million euros in terms of market value from October to December, more than 60 million euros expected by analysts surveyed by Reuters.

($ 1 = $ 0.8811)

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