Bankinter SA (OTCMKTS:BKNIY – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 17,113 shares, a decline of 41.5% from the September 15th total of 29,270 shares. Based on an average trading volume of 24,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Bankinter currently has an average rating of “Hold”.
Read Our Latest Stock Report on Bankinter
Bankinter Stock Performance
BKNIY opened at $17.26 on Friday. Bankinter has a 52 week low of $14.65 and a 52 week high of $20.07. The firm has a market capitalization of $15.51 billion, a PE ratio of 11.82 and a beta of -0.16. The company has a fifty day moving average price of $18.87 and a two-hundred day moving average price of $17.64.
Bankinter (OTCMKTS:BKNIY – Get Free Report) last released its earnings results on Thursday, July 23rd. The bank reported $0.40 earnings per share 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 firm had revenue of $936.89 million for the quarter, compared to analyst estimates of $909.46 million. Equities analysts forecast that Bankinter will post 1.52 EPS for the current year.
Bankinter Company Profile
Bankinter, SA is a Spanish financial services company headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, a joint venture between Bank of America and Banco de Santander, the bank became an independent listed institution and adopted the Bankinter name in 1990.
The company provides retail and commercial banking services to individuals, businesses and institutions. Its offerings include current and savings accounts, mortgages, consumer and business loans, payment services, investment products, securities brokerage, asset management and private banking.
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