Erste Group Bank (OTCMKTS:EBKDY – Get Free Report) posted its quarterly earnings results on Friday. The financial services provider reported $1.01 earnings per share for the quarter, reports. The business had revenue of $2.86 billion during the quarter. Erste Group Bank had a return on equity of 11.67% and a net margin of 14.34%.
Erste Group Bank Stock Down 2.8 %
Erste Group Bank stock traded down $0.69 during mid-day trading on Monday, reaching $23.94. 37,644 shares of the company’s stock traded hands, compared to its average volume of 44,773. Erste Group Bank has a 12-month low of $16.58 and a 12-month high of $26.38. The company has a market cap of $20.15 billion, a price-to-earnings ratio of 6.22, a PEG ratio of 0.81 and a beta of 1.34. The stock has a 50 day moving average of $24.66 and a two-hundred day moving average of $23.17.
Erste Group Bank Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, June 10th. Investors of record on Tuesday, May 28th were issued a $1.416 dividend. The ex-dividend date of this dividend was Friday, May 24th. This is a positive change from Erste Group Bank’s previous dividend of $0.99. Erste Group Bank’s dividend payout ratio (DPR) is 25.51%.
Analysts Set New Price Targets
Read Our Latest Analysis on Erste Group Bank
Erste Group Bank Company Profile
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.
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