Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares gapped down prior to trading on Friday . The stock had previously closed at $18.64, but opened at $18.02. Raiffeisen Bank International shares last traded at $17.98, with a volume of 818 shares traded.

Raiffeisen Bank International Trading Down 3.3%

The company’s 50 day moving average price is $16.07 and its two-hundred day moving average price is $13.79. The firm has a market cap of $23.67 billion, a PE ratio of 8.59 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a return on equity of 11.08% and a net margin of 19.31%.The firm had revenue of $2.67 billion during the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.