Erste Group Bank (EBKDY) Projected to Post Quarterly Earnings on Wednesday

Erste Group Bank (OTCMKTS:EBKDY) is anticipated to announce its results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $1.37 per share and revenue of $4.5239 billion for the quarter.

Erste Group Bank Trading Up 0.1%

Erste Group Bank stock opened at $58.73 on Monday. The firm has a market capitalization of $45.62 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 0.59 and a beta of 0.89. Erste Group Bank has a 12-month low of $32.89 and a 12-month high of $66.88. The firm has a 50-day moving average price of $57.47 and a 200-day moving average price of $56.98.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Zacks Research downgraded Erste Group Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Citigroup raised shares of Erste Group Bank to a “strong-buy” rating in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Erste Group Bank in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate 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.