Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 12-Month High – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) hit a new 52-week high during trading on Monday . The company traded as high as $7.88 and last traded at $7.76, with a volume of 3944 shares changing hands. The stock had previously closed at $7.45.

Wall Street Analyst Weigh In

Separately, Barclays raised Raiffeisen Bank International to a “strong-buy” rating in a report on Monday, February 10th.

Raiffeisen Bank International Stock Performance

The firm has a market capitalization of $10.21 billion, a price-to-earnings ratio of 4.17 and a beta of 1.30. The company has a 50 day moving average price of $6.60 and a two-hundred day moving average price of $5.81.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its earnings results on Tuesday, May 6th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $2.39 billion during the quarter. Raiffeisen Bank International had a return on equity of 11.16% and a net margin of 17.21%.

Raiffeisen Bank International Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 17th. Investors of record on Tuesday, April 1st were paid a dividend of $0.2983 per share. This is a positive change from Raiffeisen Bank International’s previous dividend of $0.22. The ex-dividend date was Tuesday, April 1st. Raiffeisen Bank International’s dividend payout ratio is presently 9.68%.

About Raiffeisen Bank International

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.