Raiffeisen Bank International (OTCMKTS:RAIFY) Announces Quarterly Earnings Results

Key Points

• Raiffeisen Bank International reported a quarterly loss with an earnings per share (EPS) of ($0.50).
• The bank's stock declined 0.2%, trading at $7.26 with a market capitalization of $9.55 billion.
• Raiffeisen Bank has a net margin of 6.51% and a return on equity of 8.81%, indicating its financial performance metrics.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) posted its quarterly earnings results on Wednesday. The financial services provider reported ($0.50) earnings per share (EPS) for the quarter, Zacks reports. Raiffeisen Bank International had a negative net margin of 0.56% and a positive return on equity of 2.89%. The firm had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Stock Performance

Shares of OTCMKTS:RAIFY traded down $0.38 during trading on Friday, hitting $7.00. The company's stock had a trading volume of 33,904 shares, compared to its average volume of 11,678. Raiffeisen Bank International has a fifty-two week low of $4.33 and a fifty-two week high of $7.99. The stock's 50-day moving average price is $7.46 and its two-hundred day moving average price is $6.77. The company has a market capitalization of $9.21 billion, a PE ratio of 3.76 and a beta of 1.34.

Raiffeisen Bank International Company Profile

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.