Bankinter (OTCMKTS:BKNIY) Issues Quarterly Earnings Results

Bankinter (OTCMKTS:BKNIY) posted its earnings results on Thursday. The bank reported $0.26 earnings per share (EPS) for the quarter, beating 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 Performance

Shares of OTCMKTS BKNIY traded down $0.23 during mid-day trading on Thursday, reaching $8.70. 29,944 shares of the company traded hands, compared to its average volume of 26,118. Bankinter has a fifty-two week low of $5.81 and a fifty-two week high of $9.25. The stock has a fifty day simple moving average of $8.00 and a 200-day simple moving average of $8.33. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04.

Bankinter Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were paid a $0.2514 dividend. This is a positive change from Bankinter’s previous dividend of $0.10. The ex-dividend date was Tuesday, December 3rd. Bankinter’s dividend payout ratio is currently 96.15%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on BKNIY shares. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods lowered Bankinter from a “hold” rating to a “moderate sell” rating in a 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.