BBVA USA has funded approximately $3.3 billion small business loans in less than 60 days, processing more than 22,000 applications and impacting approximately 360,000 jobs through its efforts in the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the bank announced today.

Late Friday, BBVA USA sent up its own version of the bat signal to more than 600 Branch Retail Executives (BREs) across its seven-state footprint, asking who among them was willing to be a superhero on Saturday.

BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today a net loss of $2.2 billion for the first quarter of 2020. Included in first quarter 2020 results is goodwill impairment (non-cash charge) totaling $2.2 billion reflecting the drastic change in macroeconomic conditions and forecasts brought about by the COVID-19 pandemic. Excluding the impact of this non-cash charge, the adjusted net loss¹ for the quarter was $52 million, further reflecting the abrupt decline in interest rates and higher provision expense necessary to reflect the economic and business disruption caused by the pandemic.

BBVA USA today announced its commitment of more than $3.7 million to support organizations that are providing community support in response to the coronavirus pandemic. The funds are earmarked for a combination of community support, including a distribution of $1 million in rapid response funding.

BBVA USA today launched a new brand campaign focused on encouraging customers to stay home and stay safe by conducting their banking transactions using the bank’s phone and digital channels.

BBVA USA today announced that it would be closing most of its 637 branch lobbies and instead serving customers through its drive-thrus as a proactive measure to protect the health and well-being of customers, employees and communities, as well as do its part to limit the spread of the coronavirus COVID-19.

Growth, particularly profitable growth, is the lifeblood of long lasting – and more often than not – the most innovative companies.

BBVA often is quoted as saying that the future of finance is financing the future – in part, this means that the bank believes that financial institutions play a key role in the transition to a more sustainable economy.

 Pillar No. 1

BBVA believes that banks play a key role in the future of society, particularly in how they address the social and environmental challenges we all face.

BBVA USA President and CEO Javier Rodríguez Soler recently presented the bank’s new 5-year strategic plan to 250 leaders from across the more than 10,000 person-strong financial institution.

BBVA USA said that Ignacio J. Carnicero is its new Chief Risk Officer, responsible for the bank’s enterprise risk management program, in news that was first announced to employees in early October 2019.

BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today a net loss of $331 million for the fourth quarter of 2019. Included in fourth quarter 2019 results is goodwill impairment (non-cash charge) totaling $470 million. Excluding the impact of this non-cash charge, adjusted net income¹ for the quarter was $139 million, a 29 percent decrease from the $196 million earned in the fourth quarter of 2018. Return on average assets and return on average tangible equity¹ for the fourth quarter of 2019 were (1.37) percent and (14.46) percent, respectively. On an adjusted basis, return on average assets¹ was 0.58 percent and return on average tangible equity¹ was 6.09 percent.

BBVA USA today announced the appointment of Carin Marcy Barth as the newest member of BBVA USA Bancshares, Inc. Board of Directors.

In this installment on how BBVA USA’s Head of Retail Banking Murat Çağri Süzer helped BBVA USA achieve notable branch productivity over the course of two years, we take a look at the importance of digitizing products for increased convenience and efficiency for both customers and branch employees.

Ask anybody which search engine they use to find an answer online, and chances are good, they’ll say Google. In fact, the search engine has become synonymous with searching; so much so that Webster’s Dictionary has included it as a verb, as in “We googled what Google is.” Talk about meta.

Nearly six months ago, BBVA subsidiaries around the world dropped their local “last” names becoming known simply as BBVA. The change to a unified global brand was subtle in some geographies, but represented a major change in others.

BBVA USA announced today that it has appointed Fernando L. Crespo as Global Wealth Relationship Manager in its Miami office

BBVA USA announced that its biggest broadcast and digital marketing campaign in a decade will be rolling out Friday and will continue through the remainder of the year and into 2020.

With the advent of big data, banks like BBVA are better able to harness the power of information to improve customer experience and provide advice, products and services – all personalized to your unique situation.

Business Insider today named BBVA USA as a leader in its Business Insider Intelligence 2019 Mobile Banking Competitive Edge study, the third year the financial and business news company has conducted the proprietary research and the second year BBVA has been evaluated.

It’s a wrap for the third edition of BBVA Momentum with Gifts for Good taking home the first place $100,000 prize for their work in corporate gifting with a social impact.

Prosper, a leading online marketplace lending platform connecting borrowers and investors, together with the U.S. subsidiary of Madrid-based BBVA, announced their collaboration in providing a Home Equity Line of Credit (HELOC) available through Prosper’s website (www.prosper.com).

BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today net income of $183 million for the third quarter of 2019 compared to earnings of $160 million in the second quarter of 2019 and $175 million earned in the third quarter of 2018. Return on average assets and return on average tangible equity¹ for the third quarter of 2019 were 0.76 percent and 8.03 percent, respectively.

BBVA USA announced today that John Chan has been promoted to Director of the bank’s Community Development Capital team, where he will have overall responsibility for the origination and portfolio management of the bank’s Low Income Housing Tax Credit (LIHTC) projects across its footprint.

When Simple appointed David Hijirida as CEO in November 2018, the Amazon alum was excited to get back to his banking roots, the industry where he’d first cut his teeth.

Univfy®, an AI platform company whose mission is to improve fertility patients’ experience and access to in vitro fertilization (IVF), announced today a collaboration with BBVA USA, the U.S. subsidiary of global financial institution BBVA, to offer a finance program with rates starting at 0% APR (up to 18.99%).

In February 2019, BBVA USA’s parent company disclosed in its earnings presentation that BBVA USA’s branch productivity increased by 40 percent over two years, making the regional bank one of the fastest growing in its segment.

We recently caught up with Open Platform’s CEO, Abhishek Gupta, to discuss the benefits of open banking, Banking-as-a-Service, and why they have the power to transform the delivery of services across a wide range of industries in the US. Following are the highlights from our conversation with him.

When it comes to 21st century banking, there is no shortage of terms bandied about that those in the industry are expected to know. Among the more obtuse are those related to banking’s next frontier, open banking.

BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA), reported today net income of $160 million for the second quarter of 2019 compared to earnings of $184 million in the second quarter of 2018. Return on average assets and return on average tangible equity¹ for the second quarter of 2019 were 0.69 percent and 7.34 percent, respectively. Net income for the first six months of 2019 totaled $301 million compared to earnings of $393 million for the first six months of 2018. Return on average assets and return on average tangible equity¹ for the first six months of 2019 were 0.65 percent and 7.00 percent, respectively.

If sending money is akin to a display of affection, people were showing their moms love in a big way on Mother’s Day, according to recently released results from international transfer services processor BBVA Transfer Services, or BTS.

BBVA has been twice honored by Javelin Strategy & Research, with the independent research firm naming the bank’s mobile banking app and online banking service as a leader in its 2019 Mobile and Online Banking Scorecards.

BBVA recently enhanced its slate of programs designed to help more people with homeownership, announcing that it is now offering additional closing cost assistance for low-to-moderate income (LMI) borrowers that qualify for FHA or VA home loans.

BBVA USA today announced that it has named Kevin McMahon as its new U.S. Head of Engineering, where he will be responsible for the company’s overall information technology strategy.

BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $141 million for the first quarter of 2019 compared to earnings of $209 million in the first quarter of 2018. Return on average assets and return on average tangible equity* for the first quarter of 2019 were 0.61 percent and 6.64 percent, respectively.

BBVA today announced to its employees that it will unify its brand and launch a new logo across its footprint, as it advances in its efforts to offer its customers the best products and services, in an increasingly digital environment. The Group held a special Live@BBVA event, watched in real time by its almost 126,000 team members, who attended in person or viewed via streaming. The event was co-hosted by BBVA Group Chairman Carlos Torres Vila and BBVA CEO Onur Genç.

BBVA Compass Atascosita Branch Retail Executive Liz Zweifel recently said of the bank’s efforts around mobile engagement, “It’s important to make sure our customers understand we aren’t pushing them away, we just want them to have access to another resource and another connection.”

As technological innovation continues, customer expectations evolve at a similarly rapid pace.  In navigating this dynamic landscape, financial institutions are increasingly seeking assistance from outside, third party providers, a strategy that itself poses inherent risks, like cybersecurity challenges and the potential for digital-related fraud.  Greater attention and scrutiny from regulators naturally results from this developing risk paradigm.

Thirty years ago this month the internet came online giving consumers the ability to educate themselves on various products and services long before they ever spoke to an expert. For financial services, it signaled a shift in how bankers worked with customers.

Access to the arts can play a major role in a city’s quality of life, its tourism efforts and its overall cultural and economic health. Because most organizations that offer that access — through art museums, symphony orchestras, ballet companies and others — are typically non-profit, they must rely heavily on the support and collaboration of patrons and corporate donors who share their vision.

At BBVA Compass, mobile banking has a front-of-the-line position when it comes to digital engagement, thanks to a journey that began in the bank’s retail branches five years ago.

Not long ago, banks that offered mobile apps were few and those that did essentially offered a convenient way for customers to check their account balance. Today, choosing a bank with no mobile app would be a non-starter for most customers.

Global consultancy Deloitte recently released a series of articles from their global digital banking consumer survey. In their third article, Recognizing the value of bank branches in a digital world, they found that bank branches continue to have value, even as digital becomes increasingly prevalent in all our day-to-day interactions.

BBVA Momentum 2019 is coming to cities across the bank’s footprint for a series of informational sessions on its small business program for social entrepreneurs.

BBVA Compass today announced the official opening of applications for BBVA Momentum 2019, a small business program for social entrepreneurs designed to help them achieve scale, enhance operations and multiply the social and economic impact of their business.

BBVA Compass today named José Luis Elechiguerra as its Head of Business Development, where he will oversee the BBVA Group’s U.S. efforts around the ongoing digital transformation of its products and services.

At an event celebrating the winner of BBVA Momentum 2018 last night, BBVA Compass executives announced the opening for 2019 Momentum applications, as well as a second opportunity for entrepreneurs to win up to $60,000 for their businesses, called the Entrepreneurial Opportunity of the Year contest presented by BBVA Compass and The Business Journals.

Lacey Perry is the Branch Retail Executive for the BBVA Compass Shoreline Branch in Corpus Christi, Texas. Owing to its downtown business center location, of the three branches in the city, the Shoreline branch is the one with the least consumer foot traffic. Yet Perry is still the highest performer across all 644 branches in the bank’s retail network.