Bankinter (BKNIY) Projected to Release Earnings on Thursday

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

Bankinter Stock Down 1.8 %

BKNIY opened at $8.38 on Thursday. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 8.06 and a beta of 0.80. The firm has a 50 day moving average price of $7.97 and a 200-day moving average price of $8.32. Bankinter has a twelve month low of $5.81 and a twelve month high of $9.25.

Bankinter Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a $0.2514 dividend. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Bankinter’s previous dividend of $0.10. Bankinter’s payout ratio is presently 96.15%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods downgraded Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd.

Bankinter Company Profile

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.