Bankinter (BKNIY) Downgraded by Zacks Investment Research

Bankinter (OTCMKTS:BKNIY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Wednesday, January 10th.

According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “

Bankinter (OTCMKTS BKNIY) traded up $0.86 during trading hours on Wednesday, reaching $11.37. The company’s stock had a trading volume of 9,000 shares, compared to its average volume of 4,083. The firm has a market cap of $10,220.11, a P/E ratio of 19.95 and a beta of 1.23. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.83. Bankinter has a 52-week low of $7.66 and a 52-week high of $11.37.

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About Bankinter

Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.

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