Raiffeisen Bank International (OTCMKTS:RAIFY) Releases Quarterly Earnings Results

Raiffeisen Bank International (OTCMKTS:RAIFY) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.31 EPS for the quarter, Zacks reports. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%. The business had revenue of $2.66 billion during the quarter.

Raiffeisen Bank International Stock Performance

Raiffeisen Bank International stock traded up $0.95 during midday trading on Wednesday, reaching $16.77. The stock had a trading volume of 2,852 shares, compared to its average volume of 17,317. The stock’s 50-day simple moving average is $17.21 and its 200 day simple moving average is $14.71. Raiffeisen Bank International has a twelve month low of $8.40 and a twelve month high of $19.88. The stock has a market capitalization of $22.02 billion, a PE ratio of 7.99 and a beta of 1.34.

About Raiffeisen Bank International

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to corporate and institutional clients, as well as retail customers, with activities spanning commercial banking, investment banking, payments, leasing, and asset management.

RBI serves customers in Austria and across Central and Eastern Europe through subsidiaries and affiliated financial institutions. Its offerings include loans and deposits, cash management, trade finance, foreign-exchange and capital-markets services, payment solutions, and personal banking products.