Bankinter (OTCMKTS:BKNIY) Announces Quarterly Earnings Results

Bankinter (OTCMKTS:BKNIY) issued its quarterly earnings data on Thursday. The bank reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08, Zacks reports. Bankinter had a return on equity of 15.95% and a net margin of 18.14%.

Bankinter Stock Up 0.6 %

Shares of BKNIY opened at $8.75 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. Bankinter has a 1-year low of $5.81 and a 1-year high of $9.25. The firm has a fifty day simple moving average of $8.02 and a two-hundred day simple moving average of $8.33.

Bankinter Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a $0.2514 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is an increase from Bankinter’s previous dividend of $0.10. Bankinter’s payout ratio is 96.15%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BKNIY. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods downgraded shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.