Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High – Here’s Why

Raiffeisen Bank International AG (OTCMKTS:RAIFY) hit a new 52-week high during trading on Friday . The company traded as high as $16.99 and last traded at $16.99, with a volume of 1085 shares trading hands. The stock had previously closed at $15.86.

Raiffeisen Bank International Price Performance

The company has a market cap of $21.57 billion, a price-to-earnings ratio of 17.66 and a beta of 1.24. The business’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $13.11.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share for the quarter. The company had revenue of $2.59 billion for the quarter. Raiffeisen Bank International had a return on equity of 5.13% and a net margin of 9.35%.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.