Bankinter (BKNIY) Expected to Announce Quarterly Earnings on Thursday

Bankinter (OTCMKTS:BKNIY) is projected to issue its quarterly earnings data on Thursday, April 17th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. 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 2.6 %

OTCMKTS BKNIY opened at $9.46 on Thursday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $8.50 billion, a price-to-earnings ratio of 8.45 and a beta of 0.35. The company’s 50 day moving average price is $10.32 and its 200 day moving average price is $8.95. Bankinter has a one year low of $7.40 and a one year high of $11.91.

Bankinter Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 14th. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.1084 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. Bankinter’s payout ratio is 28.57%.

Analysts Set New Price Targets

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

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.