Bankinter (BKNIY) Downgraded by Zacks Investment Research
Zacks Investment Research lowered shares of Bankinter (OTCMKTS:BKNIY) from a buy rating to a hold rating in a report released on Wednesday.
According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “
Shares of Bankinter (OTCMKTS:BKNIY) opened at $10.06 on Wednesday. Bankinter has a twelve month low of $7.66 and a twelve month high of $10.15. The firm has a market cap of $9,038.10, a PE ratio of 17.65, a P/E/G ratio of 3.31 and a beta of 1.30. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.83.
Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.
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