Bankinter (BKNIY) Expected to Announce Quarterly Earnings on Thursday

Bankinter (OTCMKTS:BKNIY) is projected to announce its earnings results on Thursday, January 23rd. Analysts expect Bankinter to post earnings of $0.18 per share for the quarter.

Bankinter Price Performance

BKNIY opened at $8.93 on Wednesday. The firm’s 50-day moving average price is $7.98 and its 200 day moving average price is $8.32. 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 has a twelve month low of $5.81 and a twelve month high of $9.25.

Bankinter Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.2514 per share. The ex-dividend date was Tuesday, December 3rd. This is a boost from Bankinter’s previous dividend of $0.10. Bankinter’s dividend payout ratio (DPR) is currently 96.15%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods cut 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.