Erste Group Bank (OTCMKTS:EBKDY) Announces Earnings Results

Erste Group Bank (OTCMKTS:EBKDY) posted its quarterly earnings data on Friday. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, reports. The firm had revenue of $2.86 billion during the quarter. Erste Group Bank had a net margin of 14.34% and a return on equity of 11.67%.

Erste Group Bank Stock Down 2.8 %

OTCMKTS:EBKDY traded down $0.69 during mid-day trading on Monday, hitting $23.94. 37,644 shares of the stock traded hands, compared to its average volume of 44,773. The business’s 50-day moving average price is $24.66 and its 200 day moving average price is $23.17. The company has a market cap of $20.15 billion, a PE ratio of 6.22, a price-to-earnings-growth ratio of 0.81 and a beta of 1.34. Erste Group Bank has a 12-month low of $16.58 and a 12-month high of $26.38.

Erste Group Bank Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 10th. Stockholders of record on Tuesday, May 28th were paid a $1.416 dividend. This is an increase from Erste Group Bank’s previous dividend of $0.99. The ex-dividend date was Friday, May 24th. Erste Group Bank’s dividend payout ratio (DPR) is presently 25.51%.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of Erste Group Bank to a “hold” rating in a report on Thursday, June 13th.

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.