Erste Group Bank (EBKDY) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Erste Group Bank is expected to report quarterly results before the market opens on April 29, with analysts projecting EPS of $1.37 and revenue of $4.5239 billion.
• Shares opened at $60.79 and were trading down about 2.8%, with a 12‑month range of $32.89–$66.88 and a market cap of $47.22 billion (PE 12.99).
• Analyst sentiment is mixed but overall positive: MarketBeat’s average rating is Moderate Buy (2 Strong Buy, 3 Buy, 3 Hold), including a recent Citigroup upgrade to strong-buy and a Zacks downgrade to hold.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) will likely be posting its results before the market opens on Wednesday, April 29th. Analysts expect Erste Group Bank to post earnings of $1.37 per share and revenue of $4.5239 billion for the quarter.

Erste Group Bank Trading Down 2.8%

EBKDY opened at $60.79 on Wednesday. Erste Group Bank has a 12 month low of $32.89 and a 12 month high of $66.88. The company has a market cap of $47.22 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 0.63 and a beta of 0.89. The company has a 50 day moving average of $57.69 and a 200 day moving average of $56.79.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EBKDY. Citigroup upgraded Erste Group Bank to a "strong-buy" rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Erste Group Bank in a research note on Friday. Finally, Zacks Research cut Erste Group Bank from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Erste Group Bank has an average rating of "Moderate Buy".

About Erste Group Bank

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.

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