Erste Group Bank in top Austrian dividend returns

Huge dividend Erste Group Bank

Investors in Erste Group Bank can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Austrian market. Per share the analysts are expecting a dividend of 1,41 euros per share. Erste Group Bank 's dividend yield thus equals 3,92 percent. The average dividend yield of the banks equals a low 1 percent.

Dividend returns Erste Group Bank

Tomorrow the Austrian company Erste Group Bank will publish its past quarter's results. Over the current book year the total revenue will be 6,72 billion euros (consensus estimates). This is slightly lower than 2017's revenue of 7,4 billion euros.

Historical revenues and results Erste Group Bank plus estimates 2018

financial analysis

The analysts expect for 2018 a net profit of 1,43 billion euros. For this year the consensus of the result per share is a profit of 3,36 euros. The PE-ratio therefore is 10,71.

Based on the current number of outstanding shares Erste Group Bank 's market capitalization is 14,74 billion euros. The Erste Group Bank stock was the past 12 months quite volatile. Since last November the stock is 1 percent higher. This year the stock price moved between 34 and 42 euro. Since 2008 the stock price is almost 86 percent higher.

On Wednesday the stock closed at 36 euros.

Historical stock prices Erste Group Bank

financial analysis erstegroupbank

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.