BNKXF - Bankia, S.A.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0000 (0.00%)
As of 1:23PM EDT. Market open.
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Previous Close2.6500
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.6500 - 2.6500
52 Week Range2.5970 - 4.4900
Avg. Volume10,114
Market Cap8.157B
Beta (3Y Monthly)1.12
PE Ratio (TTM)13.38
EPS (TTM)0.1980
Earnings DateN/A
Forward Dividend & Yield0.14 (4.54%)
Ex-Dividend Date2018-04-18
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters22 days ago

    Sabadell could consider sale of a revamped TSB - chairman

    Retail bank TSB needs to turnaround its business and cut costs before becoming a candidate for a sale or to take part in any consolidation in Britain, the chairman of parent Banco Sabadell said on Wednesday. Sabadell bought TSB for £1.7 billion in 2015 to expand into Britain and challenge incumbent retail banks. TSB has also been hit by an IT glitch forcing the bank to hire 2,100 staff to help fix the problems which left customers locked out of their online accounts for weeks.

  • Reuters28 days ago

    Spain's Bankia sticks to 1.3 billion euro profit target for 2020

    State-owned Spanish lender Bankia will meet its net profit target of 1.3 billion euros ($1.48 billion) in 2020 despite low interest rates, its chairman said on Thursday. Analysts have been questioning whether Bankia would be able to meet the 2020 target after the European Central Bank delayed any prospects of higher interest rates next year. "We will stick to our net profit target and to our plan to pay back 2.5 billion euros to our shareholders," Jose Ignacio Goirigolzarri told journalists in Valencia, a day before the bank's annual shareholder meeting.

  • Moody's2 months ago

    MBS BANCAJA 6, FTA -- Moody's downgrades ratings in MBS BANCAJA 6, FTA

    The rating action reflects the replacement of Banco Santander S.A. (Spain) (A2, LT Bank Deposits (Domestic)) with Bankia, S.A. (Baa2, LT Bank Deposits (Domestic)) as issuer account bank. The rating action is prompted by the change of issuer account bank provider in the transaction from Banco Santander S.A. (Spain) to Bankia, S.A. Bankia, S.A. was appointed as the new issuer account bank via an amendment to the original Treasury Account Agreement, taking over the function of issuer account bank for the transaction substantially under the same terms as agreed with the previous issuer account bank. The Credit Ratings for this rating action were assigned in accordance with Moody's existing Methodology entitled "Moody's Approach to Rating RMBS Using the MILAN Framework" dated 11 September 2017.

  • Moody's3 months ago

    MADRID RMBS IV, FTA -- Moody's downgrades the ratings of three Spanish RMBS transactions following the replacement in Issuer Account Bank

    Moody's Investors Service ("Moody's") has today downgraded the ratings of three Notes in three Spanish RMBS deals issued by Madrid Residencial I, FTA, Madrid Residencial II, FTA and Madrid RMBS IV, FTA. The rating action reflects the replacement of Banco Santander S.A. (Spain) ("Banco Santander") (A2, LT Bank Deposits) with Bankia, S.A. ("Bankia") (Baa2, LT Bank Deposits) as issuer account bank, in the three transactions. Please refer to the end of the Ratings Rationale section for a list of affected ratings.

  • The Wall Street Journal3 months ago

    [$$] Bankia Loss Narrows Despite Higher Provisions

    The Madrid-based bank, which is majority owned by the Spanish government, said its net loss for the October-December period was 40 million euros ($45.6 million) compared with a loss of EUR235 million a year earlier. Net interest income edged up to EUR507 million from EUR501 million, Bankia said. For the full year Bankia posted a net profit of EUR703 million, up 39% on year, and raised its dividend 5%.

  • Reuters3 months ago

    Spain's Bankia 2018 profit jumps 40 percent despite fourth-quarter loss

    Spain's Bankia posted an almost 40 percent rise in full-year net profit in 2018, with a pick up in trading offsetting a fourth-quarter loss from the sale of toxic assets as the lender intensified efforts to clean up its balance sheet. Net profit reached 703 million euros ($802.3 million) in 2018, up from 505 million euros a year earlier, boosted by higher commissions and trading income despite ongoing pressure on lending. The Spanish government holds a 64 percent stake in Bankia, the country's fourth largest bank by assets, following a 22.4 billion euro rescue in 2012 during the country's financial crisis.

  • Reuters3 months ago

    Ex-IMF boss Rato blames Bank of Spain in Bankia trial

    Rodrigo Rato blamed the Bank of Spain for mishandling the creation of Bankia on Tuesday at a trial in which the former International Monetary Fund chief and three other ex- board members of the Spanish lender are accused of fraud. Rato, who denies any wrongdoing, was Bankia's chairman at the time of a merger of seven unlisted regional banks to form Bankia in 2010 and its ill-fated 2011 initial public offering. Less than a year after the 3.1-billion-euro ($3.6 billion) IPO, Bankia reported a 3 billion euro loss, prompting a 22.5 billion euro state bailout and its nationalisation.

  • Reuters4 months ago

    Bankia sells toxic assets portfolio with 3-bln-euro gross value to Lone Star

    Spain's state-held lender Bankia said on Monday it had sold a portfolio of toxic assets with a gross value of 3.1 billion euros ($3.5 billion) to two subsidiaries of U.S. private equity firm Lone Star, confirming a Reuters report on Friday. The portfolio includes foreclosed assets with a gross book value of 1.65 billion euros and non-performing loans worth 1.42 billion euros, the bank said.

  • Reuters5 months ago

    Former bosses at Spain's Bankia go on trial over ill-fated IPO

    A former head of the International Monetary Fund and three other former executive board members of Bankia (BKIA.MC) went on trial in Spain's High Court on Monday accused of fraud over the lender's ill-fated public listing in 2011. If found guilty, Rodrigo Rato, a former economy minister who led the IMF from 2004 to 2007 and was Bankia's chairman at the time of the listing, could face up to five years in jail. Rato, who resigned from Bankia in 2012, is already serving a 4-1/2 year prison term for embezzlement.

  • Associated Press5 months ago

    Ex-IMF chief on trial again, now over Spanish bank flotation

    MADRID (AP) — Spain's National Court is beginning a massive trial over alleged fraud in the stock market listing of Bankia, a financial giant that was bailed out during the country's economic crisis.

  • Reuters5 months ago

    Spanish PM says Bankia not for sale for now due to market conditions

    The Spanish government is not planning to sell or reduce its stake in Bankia for the time being due to its low share price, Prime Minister Pedro Sanchez said on Wednesday. This reaffirmed a view expressed by other government officials on not selling the holding any further until shares have recovered, in order to be able to recover most of the public aid pumped into Bankia. The government has until the end of 2019 to sell off the 61 percent stake it holds.

  • Spanish banks under pressure after court ruling on mortgage stamp duty
    Reuters6 months ago

    Spanish banks under pressure after court ruling on mortgage stamp duty

    Spanish bank shares fell sharply on Thursday after the Supreme Court ruled banks must pay stamp duty on mortgage loans, potentially costing them billions of euros in compensation and raising pressure on their lending business. "The Supreme Court states that the person who must pay the stamp duty in the public deeds of loans with mortgage guarantees is the lender, not the one who receives the loan," the court said in a document. The Supreme court ruling, which overturned a previous ruling from earlier this year, is now final and could leave banks potentially exposed to additional legal provisions, analysts said.

  • Bankia SA (BME:BKIA): Immense Growth Potential?
    Simply Wall St.7 months ago

    Bankia SA (BME:BKIA): Immense Growth Potential?

    In June 2018, Bankia SA (BME:BKIA) released its earnings update. Generally, it seems that analyst forecasts are substantially optimistic, as a 80.7% rise in profits is expected in the upcomingRead More...

  • Why Spain's New Government Has an Old Bank Problem
    Bloomberg9 months ago

    Why Spain's New Government Has an Old Bank Problem

    Among the questions facing Spain’s new government is what to do with its stake in Bankia, the country’s fourth-largest bank. The prior government set itself a deadline of December 2019 to sell its 61 percent stake in Bankia, but its falling price has made selling on the open market a politically unpalatable prospect. 1. How did Spain’s government end up with Bankia?

  • What You Must Know About Bankia SA’s (BME:BKIA) Return on Equity
    Simply Wall St.10 months ago

    What You Must Know About Bankia SA’s (BME:BKIA) Return on Equity

    This analysis is intended to introduce important early concepts to people who are starting to invest and want a simplistic look at the return on Bankia SA (BME:BKIA) stock. BankiaRead More...

  • Why Bankia SA. (BME:BKIA) May Not Be As Efficient As Its Industry
    Simply Wall St.11 months ago

    Why Bankia SA. (BME:BKIA) May Not Be As Efficient As Its Industry

    Bankia SA. (BME:BKIA) generated a below-average return on equity of 3.10% in the past 12 months, while its industry returned 9.45%. BKIA’s results could indicate a relatively inefficient operation toRead More...

  • Moody's11 months ago

    IM Prestamos Fondos Cedulas, FTA -- Moody's upgrades EUR 33.4m Notes and the liquidity facility of IM Prestamos Fondos Cedulas, FTA

    Moody's Investors Service ("Moody's") announced today that it has taken rating actions on the following classes of Notes issued by IM Prestamos Fondos Cedulas, FTA ( IM Prestamos), and on the liquidity facility available to this issuer. This transaction is a static cash CBO of portions of subordinated loans funding the reserve funds of two (at closing 14) Spanish multi-issuer covered bonds (SMICBs), which can be considered as a securitisation of a pool of Cedulas. Each SMICB is backed by a group of Cedulas which are bought by a Fund, which in turn issues SMICBs.

  • Moody's11 months ago

    PROGRAMA CEDULAS TDA, FTA -- Moody's upgrades eighteen Spanish multicedulas and one associated subordinated loan

    Moody's Investors Service ("Moody's") announced today that it has upgraded the ratings of eighteen series of Spanish multi-issuer covered bonds (SMICBs) and one associated subordinated loan. Please click on this link for the List of Affected Credit Ratings. Moody's said today's rating actions are a result of (i) recent change in Spain's long term country ceiling from Aa2 to Aa1, (ii) the rating actions on several Spanish banking groups following the upgrade of Spain's government bond rating to Baa1, and (iii) the upgrade of Unicaja Banco.