Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Here’s What Happened

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped up prior to trading on Tuesday . The stock had previously closed at $11.49, but opened at $12.18. Raiffeisen Bank International shares last traded at $12.39, with a volume of 851 shares traded.

Raiffeisen Bank International Trading Up 4.6%

The stock has a 50-day simple moving average of $10.98 and a 200 day simple moving average of $9.33. The company has a market cap of $17.05 billion, a price-to-earnings ratio of 18.25 and a beta of 1.11.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a positive return on equity of 3.09% and a negative net margin of 0.14%.The firm had revenue of $2.63 billion during the quarter.

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.