Profile
Sector:
Financial ServicesIndustry:
Banks - DiversifiedCountry:
SpainIPO:
15 December 1988Website:
http://www.bbva.comNext earnings report:
30 January 2025Last dividends:
09 October 2024Next dividends:
N/APrice
after hours | 25 min agoAnalysts recommendations
Institutional Ownership
BBVA Latest News
Banco BBVA Argentina S.A. is expected to benefit from Argentina's economic reforms, but has weaker fundamentals compared to peers, making it a less attractive investment. The bank's loan-to-deposit ratio is conservative at 66%, providing room for loan growth, but its operating efficiency and profitability lag competitors. Despite a favorable macroeconomic backdrop, BBVA Argentina's recent performance has been mixed, with declining net interest income and higher efficiency ratios.
Spain's BBVA remains committed to cooperating with the competition authority CNMC to secure approval for the lender's takeover of Sabadell "in a few months", Chief Executive Officer Onur Genc said on Wednesday.
BBVA's long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in value after Donald Trump's U.S. election victory fuelled concerns over its Mexican business.
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 AM ET Company Participants Patricia Bueno – Investor Relations Onur Genc – Chief Executive Officer Luisa Gomez Bravo – Chief Financial Officer Conference Call Participants Maksym Mishyn – JB Capital Benjamin Toms – RBC Capital Markets Antonio Reale – Bank of America Sofie Peterzens – JPMorgan Ignacio Ulargui – BNP Paribas Exane Carlos Peixoto – CaixaBank Britta Schmidt – Autonomous Research Marta Sanchez Romero – Citi Patricia Bueno Good morning.
BBVA said on Thursday its third quarter net profit rose 26% from the same period in 2023 thanks to a solid performance in Spain, where it aims to expand through an around 12 billion euros takeover bid for rival Sabadell.
Spain's anti-trust watchdog CNMC on Monday said it continued analysing potential competition issues of BBVA's hostile takeover bid for smaller rival Sabadell which it said was still reviewed under phase 1.
BBVA, UMC and JXN made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 22, 2024.
Spanish bank BBVA raised the impact on its capital ratio to 38 basis points after it adjusted the hostile takeover offer for its smaller rival Sabadell , it said in a regulatory filing to the U.S. Securities and Exchange Commission on Tuesday.
Spain's Economy minister Carlos Cuerpo said on Friday it was too early to say if the competition authorities would review BBVA's takeover bid for Sabadell in phase 1 or would require a more in-depth phase 2 analysis, which would extend the process well into the first quarter of 2025.
Spain's BBVA on Tuesday said that it had adjusted its takeover offer for Sabadell to take into account interim dividend payments by both lenders to shareholders.
What type of business is Banco Bilbao Vizcaya Argentaria SA?
Banco Bilbao Vizcaya Argentaria, S.A. provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance. It provides insurance and asset management business, including corporate, commercial, SME, payment systems, retail, private and investment banking, pension and life insurance, leasing, factoring, and brokerage. The company provides its products through online and mobile channels. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.
What sector is Banco Bilbao Vizcaya Argentaria SA in?
Banco Bilbao Vizcaya Argentaria SA is in the Financial Services sector
What industry is Banco Bilbao Vizcaya Argentaria SA in?
Banco Bilbao Vizcaya Argentaria SA is in the Banks - Diversified industry
What country is Banco Bilbao Vizcaya Argentaria SA from?
Banco Bilbao Vizcaya Argentaria SA is headquartered in Spain
When did Banco Bilbao Vizcaya Argentaria SA go public?
Banco Bilbao Vizcaya Argentaria SA initial public offering (IPO) was on 15 December 1988
What is Banco Bilbao Vizcaya Argentaria SA website?
https://www.bbva.com
Is Banco Bilbao Vizcaya Argentaria SA in the S&P 500?
No, Banco Bilbao Vizcaya Argentaria SA is not included in the S&P 500 index
Is Banco Bilbao Vizcaya Argentaria SA in the NASDAQ 100?
No, Banco Bilbao Vizcaya Argentaria SA is not included in the NASDAQ 100 index
Is Banco Bilbao Vizcaya Argentaria SA in the Dow Jones?
No, Banco Bilbao Vizcaya Argentaria SA is not included in the Dow Jones index
When was Banco Bilbao Vizcaya Argentaria SA the previous earnings report?
No data
When does Banco Bilbao Vizcaya Argentaria SA earnings report?
The next expected earnings date for Banco Bilbao Vizcaya Argentaria SA is 30 January 2025