Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 1-Year High – Here’s Why

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares reached a new 52-week high on Thursday . The company traded as high as $16.88 and last traded at $16.88, with a volume of 1997 shares. The stock had previously closed at $15.28.

Raiffeisen Bank International Trading Up 10.5%

The company has a market capitalization of $22.16 billion, a price-to-earnings ratio of 18.15 and a beta of 1.24. The firm has a 50-day moving average price of $14.51 and a 200-day moving average price of $12.74.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share for the quarter. The business had revenue of $2.59 billion during the quarter. Raiffeisen Bank International had a return on equity of 5.13% and a net margin of 9.35%.

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.