Bankinter (BKNIY) Projected to Post Quarterly Earnings on Thursday

Bankinter (OTCMKTS:BKNIY) is expected to announce its earnings results on Thursday, April 17th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.

Bankinter (OTCMKTS:BKNIY) last posted its quarterly earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. On average, analysts expect Bankinter to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bankinter Trading Up 1.7 %

OTCMKTS BKNIY opened at $11.37 on Wednesday. Bankinter has a 12 month low of $7.40 and a 12 month high of $11.91. The stock has a 50-day simple moving average of $10.49 and a 200 day simple moving average of $9.00. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $10.22 billion, a PE ratio of 10.15 and a beta of 0.35.

Bankinter Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Stockholders of record on Wednesday, April 2nd were paid a $0.1084 dividend. The ex-dividend date was Wednesday, April 2nd. Bankinter’s dividend payout ratio (DPR) is presently 29.46%.

Analyst Ratings Changes

A number of brokerages recently issued reports on BKNIY. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bankinter in a report on Thursday, March 6th. Finally, Barclays reaffirmed an “underweight” rating on shares of Bankinter in a research note on Monday.

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.