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

Bankinter (OTCMKTS:BKNIY) released its quarterly earnings results on Thursday. The bank reported $0.26 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 Down 2.6 %

Shares of BKNIY opened at $8.70 on Thursday. Bankinter has a fifty-two week low of $5.81 and a fifty-two week high of $9.25. The company has a 50 day moving average price of $8.00 and a 200-day moving average price of $8.33. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued 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 payout ratio is presently 96.15%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods cut shares of 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.