Key Details
Price
$9.71Last Dividend
$0.32Annual Revenue
$36.19 BAnnual EPS
$1.40Annual ROE
15.06%Beta
0.66Events Calendar
Next earnings date:
Jan 30, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Jan 30, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Oct 09, 2024Next split:
N/ARecent split:
Apr 11, 2012Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
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Institutional Ownership
BBVA Argentina (BBAR) is set to grow significantly as Argentina's economy improves under President Javier Milei's liberal policies, which have helped stabilize the currency and lower inflation. Milei's reforms, such as cutting public spending and taxes, have greatly enhanced the country's economic situation. BBAR has demonstrated strong financial results, with notable rises in loans and deposits, as well as a decrease in non-performing loans, suggesting a solid base for future expansion.
BBVA announced on Monday that Mexico's competition authority, Cofece, has approved its indirect control over the shares that Sabadell owns in various units in Mexico.
Banco BBVA Argentina S.A. is likely to gain from Argentina's economic changes, but it has weaker fundamentals than other banks, making it a less appealing investment option. The bank has a cautious loan-to-deposit ratio of 66%, which allows for potential loan growth, but its efficiency and profitability are not as strong as its competitors. Even though the overall economic situation is positive, BBVA Argentina has had mixed results lately, with falling net interest income and increasing efficiency ratios.
On Wednesday, CEO Onur Genc stated that Spain's BBVA is dedicated to working with the competition authority CNMC to obtain approval for its acquisition of Sabadell "in a few months."
BBVA's efforts to acquire Sabadell are taking more time, as Spanish regulators have started a detailed examination of its offer. The value of the bid has decreased even more following Donald Trump's election win, which raised worries about BBVA's operations in Mexico.
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 4:30 AM ET. The call will feature company representatives including Patricia Bueno from Investor Relations, Onur Genc, the CEO, and Luisa Gomez Bravo, the CFO. Participants from various financial institutions will also join the call.
On Thursday, BBVA announced that its net profit for the third quarter increased by 26% compared to the same time last year, driven by strong results in Spain. The bank plans to grow further by making a takeover offer of about 12 billion euros for its competitor, Sabadell.
On Monday, Spain's competition authority, CNMC, announced that it is still examining possible competition concerns related to BBVA's aggressive takeover attempt of the smaller bank Sabadell. This review is currently in phase 1.
On October 22, 2024, BBVA, UMC, and JXN were included in the Zacks Rank #1 (Strong Buy) list of income stocks.
Spanish bank BBVA increased the effect on its capital ratio to 38 basis points after modifying its aggressive takeover bid for the smaller bank Sabadell, according to a regulatory report submitted to the U.S. Securities and Exchange Commission on Tuesday.
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