Raiffeisen Bank International (OTCMKTS:RAIFY) Announces Quarterly Earnings Results

Raiffeisen Bank International (OTCMKTS:RAIFY) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.54 earnings per share for the quarter, Zacks reports. Raiffeisen Bank International had a net margin of 17.21% and a return on equity of 11.16%.

Raiffeisen Bank International Price Performance

Shares of RAIFY stock traded up $0.01 during trading on Tuesday, reaching $6.67. The company’s stock had a trading volume of 6,222 shares, compared to its average volume of 16,488. Raiffeisen Bank International has a 1-year low of $3.93 and a 1-year high of $7.25. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of 3.59 and a beta of 1.30. The stock’s 50-day moving average price is $6.55 and its 200 day moving average price is $5.67.

Raiffeisen Bank International Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2983 per share. The ex-dividend date was Tuesday, April 1st. This is a positive change from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s dividend payout ratio is 9.68%.

Analyst Upgrades and Downgrades

Separately, Barclays raised Raiffeisen Bank International to a “strong-buy” rating in a research note on Monday, February 10th.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.