Bankinter (BKNIY) Expected to Announce Earnings on Thursday

Bankinter (OTCMKTS:BKNIY) is expected to be issuing its results before the market opens on Thursday, October 22nd. Analysts expect Bankinter to post earnings of $0.38 per share and revenue of $909.35 million for the quarter.

Bankinter (OTCMKTS:BKNIY) last posted its earnings results on Thursday, July 23rd. The bank reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.03. Bankinter had a return on equity of 18.20% and a net margin of 24.27%. The company had revenue of $936.89 million for the quarter, compared to analysts’ expectations of $909.46 million. On average, analysts expect Bankinter to post $1.52 EPS for the current fiscal year and $1.69 EPS for the next fiscal year.

Bankinter Trading Down 2.1%

Shares of BKNIY stock opened at $16.84 on Tuesday. The company’s fifty day moving average price is $18.79 and its 200-day moving average price is $17.66. Bankinter has a 12 month low of $14.65 and a 12 month high of $20.07. The stock has a market cap of $15.14 billion, a PE ratio of 11.79 and a beta of -0.16.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

About Bankinter

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.