Jump Main Menu. Go directly to the main content

  1. Who we are
  2. Shareholders and Investors

Shareholders and Investors

Start of main content

THE CAPITAL STRUCTURE PUT IN PLACE AT THE BEGINNING OF 2018, WITHIN THE FRAMEWORK OF THE MERGER WITH BMN, CONSOLIDATED THE BANKIA GROUP’S SHAREHOLDING STRUCTURE.

At the beginning of 2018 Bankia carried out a capital increase through the issue of 205,630,814 shares, which were delivered to the shareholders of Banco Mare Nostrum (BMN) in the merger exchange. As a result, Bankia’s total capital was increased to 3,085 million shares. At 31 Decem-ber, the number of shareholders was 184,643.

38.61% of the bank’s capital trades freely on the stock market, while 61.38% of the shares are held by BFA Tenedora de Activos, Bankia’s parent company, which is owned by the State through the FROB (Fondo de Reestructuración Ordenada Bancaria, or Fund for Orderly Bank Restructur-ing).

Besides BFA, Bankia also has 22.5% of non-Spanish institutional shareholders and 7.04% of Span-ish institutional shareholders, plus 9.07% of small shareholders.

Bankia’s main share-holders by in-vestor type % Share capital at 31/12/2018 % Share capi-tal post mer-ger exchange (12/1/2018) % Share capital at 31/12/2017 Y-O-Y Change (P.P./Nº) Y-O-Y Change (%)
BFA 61.38% 60.98% 60.68% 0.70 1.15%
Spanish Institutional 7.04% 6.76% 4.87% 2.17 44.60%
Foreign Institutional 22.50% 23.30% 24.92% -2.42 -9.70%
Minority interests 9.07% 8.96% 9.53% -0.46 -4.86%
Registered 3,084,962,950 3,084,962,950 2,879,332,136 205,630,814 7.14%
Shareholders 184,643 192,055 190,655 -6,012 -3.,15%

Main shareholders by investor type
At 31/12/18

BFA TENEDORA DE ACTIVOS IS BANKIA’S MAIN SHAREHOLDER, HOLDING 61.38% OF THE BANK’S SHARE CAPITAL.

GENERAL MEETING OF SHAREHOLDERS

The 2018 Ordinary General Meeting took place in Valencia on 10 April and was attended, in person or by proxy, by shareholders representing 78.31% of the capital, corresponding to 3,432 shareholders.

From the moment the Notice of General Meeting is published, all the information is available to shareholders on the Bankia website and at the General Meeting Service Office.

Shareholders who wish to raise any matter relating to the agenda may do so through the channels of communication placed at their disposal for that purpose, including the Shareholders’ Electronic Forum.

ADVANTAGES FOR SHAREHOLDERS

In 2018, retail shareholders continued to benefit from the “No fees” strategy, without having to have direct income deposit. The only requirement is that they hold one thousand or more shares deposited at the bank.

They are thus exempted from paying service and maintenance fees on all their demand ac-counts, on all the usual debit cards, on credit transfers through any channel (Oficina Internet, Oficina Móvil and ATMs) and on the paying-in of Spanish cheques.

Shareholders holding one thousand or more shares are also eligible for benefits such as special conditions on the Gold and Platinum cards and a free electronic newsletter (to which they must first subscribe) to keep them up to date with Bankia news.

Shareholders who buy Bankia securities through the bank are also entitled to an exemption from fees on the purchase, administration and custody of the securities. Only the brokerage fee (ex-penses of the broker-dealer that executes the purchase) and stock exchange fees are passed on.

COMMUNICATION CHANNELS

Bankia maintains various communication channels to meet its commitment to ongoing dialogue with its shareholders:

Corporate website

Through its website the bank puts the principles of information equality and symmetry into practice. Available in both Spanish and English, the website content is continuously updated. One of the most practical sections of the website is the Investor’s Calendar, which shows the dates of earnings announcements and notices of General Meetings, as well as information about conferences, dividend payments and other material events.

In 2018, the corporate website for shareholders was updated and upgraded, with nota-ble changes to the structure and design of the shareholder and investor sections. The new portal was launched in March 2018.

Besides the continually updated content (dividends, share capital, rating, FAQs, share-holding structure, calendar, presentations, financial reports), other value-added infor-mation for shareholders has been added, including:

  • Infographics of earnings and the strategic plan, factsheets, in-depth studies, etc.
  • A new Analysts’ Consensus section, with regularly updated analyst estimates.
  • Historical information about the shareholding structure, including monthly data for the last year.
  • A new benefit for shareholders, consisting of an exemption from bank fees on the purchase, administration and custody of Bankia shares.

Shareholder’s Office

The Shareholder’s Office provides information about the group’s business and share price performance and about the benefits of being a Bankia shareholder. During 2018 it answered 680 telephone calls from shareholders and 64 email inquiries.

Other communication channels used include text messages (131,720 text messages sent with the quarterly results, compared to 99,328 the previous year), social media, quality surveys and the branches.

Shareholder and Investor Information Service newsletter

This free digital publication is emailed to all subscribers, who may choose to receive it in Spanish or in English. It is issued quarterly, coinciding with the quarterly results presen-tation, although special editions are issued for important milestones such as the General Meeting, dividend payments or specific operations.

The newsletter provides information about the bank’s results, financial reports, news, material disclosures, indicators, studies and presentations, events, videos, infographics and other useful links. Seven newsletters were sent in 2018, both in Spanish and in Eng-lish.

131,720 Text messages sent during 2018 with the quarterly results

INSTITUTIONAL INVESTORS

During the year, the Investor Relations and Ratings Directorate took part in 12 road shows, 15 in-ternational conferences, 12 field trips (investor group visits to Madrid) and numerous individual meetings and conference calls to explain the bank’s performance and results, answer questions and share opinions.

In all, 474 contacts were seen in these meetings, of which 410 were institutional investors (both equity and fixed income) or investment management companies, 43 were analysts and 21 be-longed to rating agencies and counterparties. A total of 289 investment firms from 28 different countries, 86.2% of them international, 32 analyst firms and 10 rating agencies and counterpar-ties were represented at the meetings.

Bankia also took part as a speaker in five financial conferences addressed to global investors. It broadcast five webcasts, four with the quarterly results and one announcing the 2018-20 Strate-gic Plan (also with a live audience), using a platform that allows live questions and answers.

NOT ONLY FINANCIAL INFORMATION

Following the principles of proactivity and transparency, Bankia keeps its various stakeholders (analysts, investors, management companies, shareholders, rating agencies, bank counterpar-ties, proxy advisors and other institutions and public bodies) constantly informed through period-ic communications and meetings.

Apart from the financial content, the bank also provides information on social, environmental and corporate governance matters, which are increasingly demanded by the public. In fact, 62.8% of Bankia’s institutional investors apply responsible investment policies.

In order to protect the right to equal treatment and non-discrimination, all the information is published in the corporate portal or via the CNMV.

BROWSING SUGGESTIONS

Use the browsing suggestions to explore the Annual Report

ANOTHER SUGGESTION

Click to see related content

Highlights 2018

Bankia is the first bank to offer its customers all the available digital payment platforms in the market

Read More

Bankia, the first 'dog friendly' bank in Spain

Read More

End of main content