Raiffeisen Bank International (OTCMKTS:RAIFY) Posts Earnings Results

Raiffeisen Bank International (OTCMKTS:RAIFY) issued its quarterly earnings results on Monday. The financial services provider reported $0.37 EPS for the quarter, Zacks reports. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%. The company had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock opened at $11.16 on Wednesday. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 10.34 and a beta of 1.10. The firm has a 50-day moving average of $11.86 and a two-hundred day moving average of $10.15. Raiffeisen Bank International has a 1 year low of $4.86 and a 1 year high of $13.73.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

About Raiffeisen Bank International

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.