Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) released 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%.
Raiffeisen Bank International Stock Performance
Shares of RAIFY opened at $6.67 on Tuesday. Raiffeisen Bank International has a fifty-two week low of $3.93 and a fifty-two week high of $7.25. The business has a 50-day moving average of $6.55 and a 200 day moving average of $5.67. The firm has a market cap of $8.78 billion, a P/E ratio of 3.59 and a beta of 1.30.
Raiffeisen Bank International Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st were paid a $0.2983 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from Raiffeisen Bank International's previous dividend of $0.22. Raiffeisen Bank International's payout ratio is presently 9.68%.
Analyst Ratings Changes
Separately, Barclays upgraded Raiffeisen Bank International to a "strong-buy" rating in a report on Monday, February 10th.
Get Our Latest Research Report on Raiffeisen Bank International
About Raiffeisen Bank International
(
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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