|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||20.50 - 20.50|
|52 Week Range||19.00 - 27.20|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...
Spanish stocks have been hit hard by worries that a possible coalition government of the Socialist and far-left Podemos parties could overspend and tax banks, although analysts say their lack of a majority should curb any policy radicalism. The fall in stocks this week has further widened a performance gap with the broader European market, which is hovering near a four-year peak as concerns ease about Europe's economy and optimism over a trade deal between China and the United States grows. "Podemos is a radical left party that's not well known by investors and that has triggered fears about what ... a coalition government with the Socialists would do in terms of economic policies (and) public spending," said Jesus Castillo, an economist at Natixis in Paris.
Spain's Socialists and the far-left Unidas Podemos party agreed on the basis of a coalition government on Tuesday, just two days after a parliamentary election delivered a highly fragmented parliament. The unexpectedly fast preliminary agreement between two parties which recently refused to work together would require further steps including agreeing cabinet positions and bringing in smaller parties, which means it is far from a done deal. The election - the country's fourth in four years - left Spain's parliament even more divided than a previous ballot in April, with the Spanish Socialist Workers' Party (PSOE) retaining its lead but further away from a majority.
European stocks rallied on Thursday as investors snapped up battered shares of eurozone banks after the U.S. Federal Reserve toned down expectations of further interest rate cuts. Shares of Italian and Spanish banks including Bankia SA , UBI Banca and Banco Sabadell were among the top gainers on the STOXX 600 after the Fed cut rates as expected on Wednesday, but signalled there would be a higher bar to further cut in borrowing costs. European banks, along with sectors such as miners and automakers, have gained in the recent weeks as investors rotated into cyclical sectors due to signs of easing U.S.-China trade tensions and assurances of support from major central banks.
A rally in banking shares and other recently battered sectors such as oil and gas and automakers kept the mood buoyant in European stock markets on Tuesday, as investors speculated over policy measures by the European Central Bank later this week. The pan-European STOXX 600 index, after opening in the red, closed 0.1% higher as the banking index climbed for a fifth session, its best five-day rally since April 2017. Oil and gas, basic resources and automakers - among the worst-hit sectors this year on worries over the U.S.-China trade war, Brexit and a global slowdown - gained between 0.2% and 2%.
In March 2019, Bankia, S.A. (BME:BKIA) announced its earnings update. Overall, analysts seem cautiously optimistic, as...
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly...
Spain's Bankia, majority owned by the state, posted a drop in first-quarter net profit on Monday due to lower trading income as attention turned to privatisation prospects after an election made a left-wing coalition likely. The Socialists, who won the most votes in Sunday's election but will need at least one partner to govern, are expected to turn to far left-wing party Podemos, which has floated the idea that Bankia could become a permanent national bank. Podemos has also lobbied for Bankia to offer services based on social, as well as market, considerations and had advocated a supplementary tax on banks' earnings.
Every investor in Bankia, S.A. (BME:BKIA) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment retu...
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.
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.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! On 31 December 2018, Bankia, S.A. (BME:BKIA) released its earningsRead More...
One of the biggest risk Bankia, S.A. (BME:BKIA) faces as a bank is bad loans, also known as credit risk. As a small cap stock in the heavily regulated financial Read More...