Bankinter (OTCMKTS:BKNIY) Issues Earnings Results

Bankinter (OTCMKTS:BKNIY) posted its quarterly earnings results on Thursday. The bank reported $0.38 EPS for the quarter, hitting analysts’ consensus estimates of $0.38, Zacks reports. Bankinter had a return on equity of 18.20% and a net margin of 24.27%.

Bankinter Stock Performance

BKNIY stock opened at $17.50 on Thursday. The stock has a market cap of $15.73 billion, a P/E ratio of 11.99 and a beta of -0.16. Bankinter has a 1-year low of $14.65 and a 1-year high of $20.07. The stock’s fifty day simple moving average is $18.72 and its two-hundred day simple moving average is $17.68.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. Jefferies Financial Group raised shares of Bankinter from a “hold” rating to a “strong-buy” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Bankinter

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.