Raiffeisen Bank International (OTCMKTS:RAIFY) Announces Earnings Results

Raiffeisen Bank International (OTCMKTS:RAIFY) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, Zacks reports. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.12%.

Raiffeisen Bank International Trading Down 3.7%

Shares of RAIFY opened at $13.33 on Tuesday. Raiffeisen Bank International has a 12-month low of $6.49 and a 12-month high of $14.35. The company has a market cap of $17.50 billion, a PE ratio of 12.34 and a beta of 1.25. The stock has a 50-day moving average price of $11.91 and a 200-day moving average price of $11.12.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Raiffeisen Bank International currently has an average rating of “Buy”.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.