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

Raiffeisen Bank International (OTCMKTS:RAIFY) issued its earnings results on Tuesday. The financial services provider reported $0.31 EPS for the quarter, Zacks reports. Raiffeisen Bank International had a return on equity of 9.09% and a net margin of 16.10%. The firm had revenue of $2.66 billion during the quarter.

Raiffeisen Bank International Stock Down 1.3%

RAIFY traded down $0.21 during trading on Thursday, hitting $16.52. The company’s stock had a trading volume of 2,225 shares, compared to its average volume of 17,294. The firm’s 50 day moving average price is $17.18 and its two-hundred day moving average price is $14.74. Raiffeisen Bank International has a 12 month low of $8.40 and a 12 month high of $19.88. The stock has a market capitalization of $21.69 billion, a price-to-earnings ratio of 9.49 and a beta of 1.34.

About Raiffeisen Bank International

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to corporate and institutional clients, as well as retail customers, with activities spanning commercial banking, investment banking, payments, leasing, and asset management.

RBI serves customers in Austria and across Central and Eastern Europe through subsidiaries and affiliated financial institutions. Its offerings include loans and deposits, cash management, trade finance, foreign-exchange and capital-markets services, payment solutions, and personal banking products.