Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 1-Year High – Still a Buy?

by · The Markets Daily

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $19.88 and last traded at $19.24, with a volume of 89719 shares trading hands. The stock had previously closed at $19.4560.

Raiffeisen Bank International Stock Up 0.3%

The company has a market cap of $25.34 billion, a price-to-earnings ratio of 9.19 and a beta of 1.24. The business’s fifty day simple moving average is $17.43 and its two-hundred day simple moving average is $14.63.

Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last issued its earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The business had revenue of $2.67 billion during the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%.

Raiffeisen Bank International Company Profile

(Get Free Report)

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to individuals, small and medium-sized businesses, corporate clients and institutional customers.

Its product and service offerings include current and savings accounts, consumer and mortgage lending, business financing, payment services, investment and wealth management, trade finance, leasing, and corporate and investment banking. RBI also serves larger clients through capital-markets, treasury and advisory services.

Raiffeisen Bank International operates in Austria and has historically maintained a broad network of banking subsidiaries and branches across Central and Eastern Europe, including markets such as the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Croatia, Serbia, Bosnia and Herzegovina, Kosovo and Ukraine.

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