Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Here’s Why

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped down before the market opened on Friday . The stock had previously closed at $16.14, but opened at $15.00. Raiffeisen Bank International shares last traded at $15.00, with a volume of 605 shares changing hands.

Raiffeisen Bank International Stock Down 4.9%

The company has a 50-day moving average price of $14.88 and a two-hundred day moving average price of $12.97. The stock has a market capitalization of $19.89 billion, a P/E ratio of 16.29 and a beta of 1.24.

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

About Raiffeisen Bank International

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.