Bankinter (OTCMKTS:BKNIY) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

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

Bankinter Trading Up 2.6 %

OTCMKTS BKNIY opened at $8.98 on Friday. Bankinter has a 52 week low of $5.81 and a 52 week high of $9.25. The business has a 50 day moving average price of $8.04 and a 200-day moving average price of $8.34. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04.

Bankinter Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BKNIY shares. Keefe, Bruyette & Woods downgraded Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th.

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.