Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.54 earnings per share for the quarter, Zacks reports. Raiffeisen Bank International had a net margin of 17.21% and a return on equity of 11.16%. The firm had revenue of $2.39 billion for the quarter.
Raiffeisen Bank International Price Performance
RAIFY stock remained flat at $6.85 during mid-day trading on Friday. 19 shares of the company's stock traded hands, compared to its average volume of 15,927. Raiffeisen Bank International has a one year low of $3.93 and a one year high of $7.30. The stock has a market capitalization of $9.01 billion, a price-to-earnings ratio of 3.68 and a beta of 1.30. The firm's 50-day simple moving average is $6.56 and its two-hundred day simple moving average is $5.71.
Raiffeisen Bank International Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, April 17th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.2983 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Raiffeisen Bank International's previous dividend of $0.22. Raiffeisen Bank International's dividend payout ratio is currently 9.68%.
Wall Street Analysts Forecast Growth
Separately, Barclays raised shares of Raiffeisen Bank International to a "strong-buy" rating in a research note on Monday, February 10th.
View Our Latest Report on Raiffeisen Bank International
Raiffeisen Bank International Company Profile
(
Get Free Report)
Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.
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