Bankinter (OTCMKTS:BKNIY) Announces Earnings Results

Bankinter (OTCMKTS:BKNIY) issued its quarterly earnings data on Thursday. The bank reported $0.38 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.38, Zacks reports. Bankinter had a return on equity of 18.20% and a net margin of 24.27%.

Bankinter Price Performance

Shares of OTCMKTS BKNIY opened at $17.50 on Thursday. Bankinter has a twelve month low of $14.65 and a twelve month high of $20.07. The business has a fifty day simple moving average of $18.72 and a two-hundred day simple moving average of $17.68. The firm has a market cap of $15.73 billion, a PE ratio of 11.99 and a beta of -0.16.

Wall Street Analyst Weigh In

BKNIY has been the topic of several analyst reports. Jefferies Financial Group upgraded shares of Bankinter from a “hold” rating to a “strong-buy” rating in a research note on Monday. Royal Bank Of Canada restated an “outperform” rating on shares of Bankinter in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Bankinter

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.