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

Raiffeisen Bank International (OTCMKTS:RAIFY) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.39 EPS for the quarter, Zacks reports. Raiffeisen Bank International had a return on equity of 6.12% and a net margin of 10.91%.

Raiffeisen Bank International Price Performance

Shares of RAIFY stock traded up $0.31 on Tuesday, hitting $13.33. 6,866 shares of the stock traded hands, compared to its average volume of 5,238. The company’s fifty day moving average is $11.91 and its 200 day moving average is $11.12. The company has a market capitalization of $17.50 billion, a PE ratio of 12.34 and a beta of 1.25. Raiffeisen Bank International has a 1-year low of $6.49 and a 1-year high of $14.35.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Raiffeisen Bank International presently has an average rating of “Buy”.

About Raiffeisen Bank International

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.