Erste Group Bank (EBKDY) Projected to Post Earnings on Thursday

Erste Group Bank (OTCMKTS:EBKDY) is expected to announce its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.95 per share and revenue of $3.5296 billion for the quarter.

Erste Group Bank Stock Performance

EBKDY opened at $62.88 on Tuesday. The company has a market cap of $48.84 billion, a P/E ratio of 15.12, a price-to-earnings-growth ratio of 0.60 and a beta of 0.85. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 1.36. The firm’s 50-day moving average price is $61.76 and its 200-day moving average price is $54.63. Erste Group Bank has a 52-week low of $29.50 and a 52-week high of $66.88.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EBKDY. Barclays upgraded shares of Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 2nd. Citigroup raised Erste Group Bank to a “strong-buy” rating in a research report on Wednesday, February 11th. Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a research note on Monday, November 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Erste Group Bank in a research note on Wednesday, November 5th. Finally, Zacks Research raised Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Erste Group Bank currently has a consensus rating of “Buy”.

Erste Group Bank Company Profile

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.