Bankinter (OTCMKTS:BKNIY) Hits New 1-Year High – Time to Buy?

Bankinter SA (OTCMKTS:BKNIYGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $19.46 and last traded at $19.40, with a volume of 10554 shares changing hands. The stock had previously closed at $19.25.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bankinter in a research note on Friday, July 24th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Analysis on Bankinter

Bankinter Price Performance

The company has a 50-day moving average of $17.59 and a two-hundred day moving average of $16.84. The stock has a market capitalization of $17.50 billion, a PE ratio of 13.33 and a beta of -0.17.

Bankinter (OTCMKTS:BKNIYGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.40 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $909.46 million. On average, research analysts forecast that Bankinter SA will post 1.49 EPS for the current fiscal year.

Bankinter Company Profile

(Get Free Report)

Bankinter, SA (OTCMKTS: BKNIY) is a Spanish commercial bank headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, it has grown into one of the country’s leading financial institutions, serving both individual and corporate clients. The bank is publicly traded on the Bolsa de Madrid and operates under a universal banking model, combining traditional branch networks with advanced digital platforms.

In its retail banking segment, Bankinter offers a broad array of deposit accounts, consumer loans, mortgages and credit cards, alongside digital banking services designed to simplify everyday transactions.

Further Reading

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