Bankinter (OTCMKTS:BKNIY) Issues Quarterly Earnings Results

Bankinter (OTCMKTS:BKNIY) announced its quarterly earnings data on Thursday. The bank reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08, Zacks reports. Bankinter had a return on equity of 15.95% and a net margin of 18.14%.

Bankinter Price Performance

OTCMKTS:BKNIY opened at $8.98 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. Bankinter has a 52 week low of $5.81 and a 52 week high of $9.25. The company has a fifty day moving average of $8.04 and a 200 day moving average of $8.34.

Bankinter Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.2514 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a boost from Bankinter’s previous dividend of $0.10. Bankinter’s dividend payout ratio is currently 96.15%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BKNIY shares. Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th.

About Bankinter

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.