Bankinter (OTCMKTS:BKNIY) Posts Earnings Results, Beats Estimates By $0.08 EPS

Bankinter (OTCMKTS:BKNIY) issued its earnings results on Thursday. The bank reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08, Zacks reports. Bankinter had a return on equity of 15.95% and a net margin of 18.14%.

Bankinter Stock Performance

Shares of OTCMKTS BKNIY opened at $8.75 on Friday. Bankinter has a 1 year low of $5.81 and a 1 year high of $9.25. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a 50-day simple moving average of $8.02 and a two-hundred day simple moving average of $8.33.

Bankinter Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were paid a $0.2514 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is an increase from Bankinter’s previous dividend of $0.10. Bankinter’s dividend payout ratio is currently 96.15%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BKNIY. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

About Bankinter

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.