Bankinter (BKNIY) Projected to Post Quarterly Earnings on Thursday

Bankinter (OTCMKTS:BKNIY) is expected to be announcing its earnings results on Thursday, April 17th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.

Bankinter (OTCMKTS:BKNIY) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. On average, analysts expect Bankinter to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bankinter Trading Up 1.5 %

Shares of OTCMKTS:BKNIY opened at $11.18 on Tuesday. The stock’s 50-day simple moving average is $10.44 and its two-hundred day simple moving average is $8.99. The stock has a market capitalization of $10.05 billion, a price-to-earnings ratio of 9.98 and a beta of 0.35. Bankinter has a 52-week low of $7.40 and a 52-week high of $11.91. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04.

Bankinter Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Shareholders of record on Wednesday, April 2nd were issued a dividend of $0.1084 per share. The ex-dividend date was Wednesday, April 2nd. Bankinter’s dividend payout ratio is presently 29.46%.

Wall Street Analyst Weigh In

BKNIY has been the subject of several recent analyst reports. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bankinter in a research report on Thursday, March 6th.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.