Bankinter SA (OTCMKTS:BKNIY) Sees Large Drop in Short Interest

Key Points

• Short interest plunged 45.5% in March to 9,229 shares (currently 0.0% of the company's stock sold short), producing a short-interest ratio of 0.0 days based on average daily volume.
• Bankinter reported Q4 EPS of $0.35, meeting estimates, with revenue of $919.4M slightly below consensus; the bank has a net margin of 23%, ROE of 17.47%, a P/E of 11.47 and a market cap of $13.91B.
• Analyst coverage is mixed-to-neutral (one Buy, five Hold, one Sell), giving the stock an average rating of "Hold".

Bankinter SA (OTCMKTS:BKNIY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 9,229 shares, a drop of 45.5% from the February 26th total of 16,925 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 234,939 shares, the short-interest ratio is currently 0.0 days.

Bankinter Trading Down 0.1%

OTCMKTS:BKNIY opened at $15.48 on Friday. Bankinter has a twelve month low of $9.15 and a twelve month high of $17.97. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.62. The business has a 50 day moving average price of $16.36 and a two-hundred day moving average price of $16.05. The company has a market cap of $13.91 billion, a P/E ratio of 11.47 and a beta of -0.19.

Bankinter (OTCMKTS:BKNIY - Get Free Report) last posted its quarterly earnings data on Thursday, January 22nd. The bank reported $0.35 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.35. The company had revenue of $919.37 million for the quarter, compared to the consensus estimate of $922.16 million. Bankinter had a net margin of 23.00% and a return on equity of 17.47%. As a group, analysts expect that Bankinter will post 1 EPS for the current fiscal year.

Analysts Set New Price Targets

BKNIY has been the subject of several research analyst reports. Zacks Research cut shares of Bankinter from a "strong-buy" rating to a "hold" rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Bankinter from a "hold" rating to a "buy" rating in a report on Monday, February 23rd. The Goldman Sachs Group cut shares of Bankinter from a "hold" rating to a "sell" rating in a research report on Thursday, December 4th. Finally, Keefe, Bruyette & Woods raised shares of Bankinter from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold".

Bankinter Company Profile

Bankinter, SA OTCMKTS: BKNIY is a Spanish commercial bank headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, it has grown into one of the country's leading financial institutions, serving both individual and corporate clients. The bank is publicly traded on the Bolsa de Madrid and operates under a universal banking model, combining traditional branch networks with advanced digital platforms.

In its retail banking segment, Bankinter offers a broad array of deposit accounts, consumer loans, mortgages and credit cards, alongside digital banking services designed to simplify everyday transactions.

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