Erste Group Bank (OTCMKTS:EBKDY) Sets New 12-Month High at $26.31

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $26.31 and last traded at $25.72, with a volume of 20028 shares. The stock had previously closed at $25.51.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded Erste Group Bank to a “hold” rating in a report on Thursday, June 13th.

Erste Group Bank Stock Performance

The stock has a market cap of $21.65 billion, a price-to-earnings ratio of 6.44, a P/E/G ratio of 0.85 and a beta of 1.34. The business has a 50-day simple moving average of $24.62 and a two-hundred day simple moving average of $22.93.

Erste Group Bank (OTCMKTS:EBKDY) last announced its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $1.02 EPS for the quarter. The business had revenue of $3.03 billion for the quarter. Erste Group Bank had a net margin of 14.34% and a return on equity of 11.67%. On average, analysts expect that Erste Group Bank AG will post 3.88 earnings per share for the current fiscal year.

Erste Group Bank Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 10th. Stockholders of record on Tuesday, May 28th were paid a dividend of $1.416 per share. This is an increase from Erste Group Bank’s previous dividend of $0.99. The ex-dividend date of this dividend was Friday, May 24th. Erste Group Bank’s dividend payout ratio is currently 25.51%.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.