Bankinter (OTCMKTS:BKNIY) Announces Earnings Results

Bankinter (OTCMKTS:BKNIY) issued 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 net margin of 18.14% and a return on equity of 15.95%.

Bankinter Trading Down 2.6 %

Shares of BKNIY stock traded down $0.23 during mid-day trading on Thursday, hitting $8.70. The company’s stock had a trading volume of 29,944 shares, compared to its average volume of 26,118. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52. 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 $8.00 and a 200 day moving average price of $8.33.

Bankinter Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were given a $0.2514 dividend. 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%.

Analysts Set New Price Targets

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

About Bankinter

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.