Raiffeisen Bank International (RAIFF) Expected to Announce Earnings on Tuesday

Raiffeisen Bank International (OTCMKTS:RAIFF) is expected to be issuing its results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of $2.31 per share and revenue of $2.37 billion for the quarter.

Raiffeisen Bank International Stock Performance

Shares of RAIFF opened at $62.00 on Tuesday. Raiffeisen Bank International has a one year low of $36.08 and a one year high of $76.75. The stock has a 50-day moving average of $74.81 and a 200-day moving average of $57.66.

Analyst Ratings Changes

Several brokerages have issued reports on RAIFF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Raiffeisen Bank International in a report on Thursday, July 23rd. Citigroup restated a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to retail customers, small and medium-sized businesses, large corporations, and institutional clients.

Its activities include personal and business banking, lending, deposits, payments, leasing, wealth management, and corporate and investment banking. Through its subsidiary network, RBI serves customers in Austria and markets across Central and Eastern Europe, including countries such as the Czech Republic, Hungary, Romania, Slovakia, Croatia, Serbia, Ukraine, and Bosnia and Herzegovina.

RBI traces its origins to Austria’s cooperative Raiffeisen banking sector and was established in its current form in 2010 through the combination of Raiffeisen Zentralbank Österreich’s principal banking operations and Raiffeisen International.