BBVA has reached an agreement with Banco GNB Paraguay, a unit of Grupo Financiero Gilinski, to sell 100% of its capital in BBVA Paraguay, for about 270 million dollars (about 240 million euros). Said price is subject to the regular adjustments for these kind of transactions between the signing and closing dates of the transaction.

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.

• Earnings: For the first quarter of 2019, BBVA Compass reports a net income of $141 million.
• Community Investment: The BBVA Compass Foundation donates $1 million to the construction of Avenue Center, a mixed-use community resource center in north Houston.
• Unified Brand: BBVA announces that it will launch a new logo and unify its brand across its footprint, with BBVA becoming the Group’s name globally.

• Workplace Equality: BBVA Compass earns a perfect score of 100 percent on the Human Rights Campaign Foundation’s 2019 Corporate Equality Index.
• Risk Management: BBVA Compass joins 11 other financial institutions to advance best practices for managing third-party risk in the financial services industry.
• Financial Education: On the heels of a successful four-month pilot, BBVA Compass launches its full financial education program for 2019

BBVA Compass has named Ray J. Black, Jr. as its new Head of Estate Settlement, where he will oversee the settlement and administration of estates and offer guidance and support to the bank’s trust advisors in the field.

BBVA Compass Los Angeles CEO Stephen Flynn has been named one of the Most Influential Bankers by the Los Angeles Business Journal.

• Entrepreneurship: BBVA Compass announced three opportunities for small businesses to garner funding.
• Recognitions: BBVA Compass earned recognition from Global Finance magazine, AVA Digital Awards and GoBankingRates.com.
• “Outstanding” Performance: The Federal Reserve Bank of Atlanta rates BBVA Compass “Outstanding” for CRA performance.

BBVA Compass is calling a winning play, signing on to be the presenting Pro Day sponsor of two top-tier football programs in the Yellowhammer State.

BBVA Compass and the Houston Rockets celebrated Black History Month today at Texas Southern University, hosting a Fireside Chat with civil rights leaders Carlotta Walls LaNier and Lucille Bridges.

BBVA Compass Colorado CEO Andy Wykstra has been named one of the Colorado Bankers Association’s Bankers of Distinction.

• Earnings: BBVA Compass reported a net income of $196 million for the fourth quarter of 2018.
• Appointments: BBVA Compass appointed Miami Market CEO and new Global Wealth Executive.
• Shutdown Relief: BBVA Compass announced that it will provide financial relief for clients directly impacted by the recent federal government shutdown.

BBVA Compass has named Brian Fricke as its Chief Information Security Officer (CISO), where he will oversee the bank’s Information Security and Engineering Risk functions.

BBVA Compass’s Treasury Management team realized significant milestones in 2018. Global Finance magazine, and the experts it surveyed, recently took notice as the publication named the bank as the Top Treasury and Cash Management Provider in the Southwest for 2019.

BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $196 million for the fourth quarter of 2018, a 276 percent increase from the $52 million earned during the fourth quarter of 2017. Included in fourth quarter 2017 results is income tax expense of approximately $121 million related to the revaluation of net deferred tax assets at the lower statutory tax rate mandated by the Tax Cuts and Jobs Act (non-cash charge). Excluding the impact of this item, the year-over-year increase in net income for the fourth quarter of 2018 compared to adjusted net income* of $173 million for the fourth quarter of 2017 was 13 percent.

According to the Economic Outlook published this week by BBVA Research, GDP growth is expected to moderate in 2019, while the risk of recession remains elevated over the next 24 months.

BBVA Compass has named longtime leader Giampaolo Consigliere as its Miami Market CEO as part of its work to strengthen the bank’s presence in this burgeoning and diverse market.

BBVA Compass has appointed Hector Chacon as its new Global Wealth Executive, promoting a long-time employee who has held multiple positions prior to his new role.

BBVA Compass announced Thursday that it will provide financial relief for clients directly impacted by the current federal government shutdown.

BBVA Compass has appointed banking industry veteran Heather Sanchez as its new Ontario City President, where she will lead the market’s commercial banking operations and manage the local advisory board.

After half a decade of bringing holiday joy and toys to students across the country, the BBVA Compass Foundation’s Project Blue Elf campaign has shifted its focus to surprise and delight families that participate in the bank’s financial education programs.

BBVA Compass has increased its Net Promoter Score (NPS) among Commercial clients across its footprint, according to a recent Voice of the Customer study by market intelligence provider Greenwich Associates.

Birmingham Legion FC announced today a multi-year partnership with BBVA Compass, extending the banking giant marketing rights across Legion FC platforms and in-stadium at BBVA Compass Field on the campus of the University of Alabama-Birmingham. The partnership will also aim to create opportunities for Birmingham’s communities.

BBVA Compass Investment Services has named Randall Bond as its new Chief Fiduciary Officer, where he will lead all trust and fiduciary operations for the newly-formed group. He will be based out of Houston.

BBVA Compass has appointed banking veteran and experienced industry leader Che Goff as its Corpus Christi City President, where he will lead all commercial, small business and Global Wealth operations in the area.

BBVA Compass has appointed banking industry veteran Dillan Knudson as its new Austin CEO, where he will lead the market’s commercial banking operations, local Global Wealth team, and small business banking and manage the local advisory board.

Waller Creek Conservancy announced BBVA Compass as its lead corporate partner in the Waller Creek Park Community Program on Tuesday.

Exactly 50 days away from the BBVA Compass Iron City Showdown, Birmingham City Schools (BCS) recognized William J. Christian K-8 students as winners of the BCS Attendance Challenge. The school hosted a pep rally in the gymnasium to inform students of the honor.

BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $184 million for the second quarter of 2018, a 17 percent increase from the $157 million earned during the second quarter of 2017. Return on average assets and return on average tangible equity(1) for the second quarter of 2018 were 0.83 percent and 9.05 percent, respectively.

Net income for the first six months of 2018 totaled $393 million, an increase of 41 percent from the $278 million earned during the first six months of 2017. Return on average assets and return on average tangible equity(1) for the first six months of 2018 were 0.90 percent and 9.77 percent, respectively.

After obtaining the pertinent regulatory authorizations, BBVA Group has closed the sale of its 68.19% stake in BBVA Chile and other companies in the country to Scotiabank, for a total of about $2.2 billion. The transaction will yield capital gains of about €640 million and will have a positive impact on BBVA’s fully-loaded CET 1 capital ratio of about 50 basis points.

BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), announced today that the Board of Governors of the Federal Reserve System (Federal Reserve) did not object to its capital plan and capital actions proposed in the capital plan. BBVA Compass’ capital plan includes common dividends of $315 million during the covered period, subject to approval by BBVA Compass’ board of directors.

BBVA Compass has announced the appointment of Joe Cartellone as its Director of Mortgage Banking and Home Equity.

The 2018 BBVA Compass Dynamo Charities Cup will benefit the KIPP Opportunity Campus, BBVA Compass and the Dynamo announced this afternoon.

BBVA Compass, the U.S. subsidiary of global financial services group BBVA, announced last Wednesday that Celie Niehaus has been named the bank’s Chief Compliance Officer and a member of its Management Committee.

The University of Alabama at Birmingham Department of Athletics (UAB), BBVA Compass and Birmingham Legion FC celebrated the stadium expansion of BBVA Compass Field Wednesday on the campus of UAB.

The BBVA Compass Field stadium expansion includes a state-of-the-art 4,000-seat grandstand, along with a permanent concessions stand, bathrooms and ticket office. An additional 40×20 video board will also be added to enhance the fan experience.

BBVA Compass and the Houston Rockets teamed up on Thursday, May 3, at a press conference held at the Alabama Sports Hall of Fame to announce the date, location and opponent of the BBVA Compass Iron City Showdown.

The preseason game, which was initially announced in August 2017 by Houston Rockets superstar James Harden in front of 800 Parker High School juniors and seniors, is slated for October 2 at 7 p.m. at the Birmingham–Jefferson Convention Complex against the Memphis Grizzlies.

BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $209 million for the first quarter of 2018 compared to $52 million in the fourth quarter of 2017 ($173 million(1) adjusted for the impact of the Tax Cuts and Jobs Act) and $121 million earned during the first quarter of 2017. Earnings in the quarter represented a 20 percent increase from adjusted earnings(1) in the fourth quarter and a 73 percent increase from year ago levels. Return on average assets and return on tangible equity(2) for the first quarter of 2018 were 0.96 percent and 10.51 percent, respectively.

BBVA Compass and AEG have officially kicked off the BBVA Music Session concert series, with the first event being held yesterday at the Renaissance Dallas. The concert featured rising country music artist Luke Pell, who crooned in front of 150 die-hard fans and BBVA Compass clients.

SAN DIEGO — BBVA Compass is boosting its greater San Diego commercial banking team with three new relationship managers, San Diego Market President Roger Zucchet announced today, a move that reflects the bank’s strong focus on building its brand in California.

Rewarding, simple and secure. All apt descriptors of the new BBVA Compass Rewards Card, the newest credit card offering from the U.S. subsidiary of the global financial services group BBVA. Available today, the new credit card offers rewards to customers for every purchase they make, with no cap on earnings, and boasts an easy to understand rewards structure that earns 1.5 percent in rewards for every $1 spent across all categories, and the ability to garner 2 percent in rewards with a qualifying bank relationship.

BBVA Compass assembled Albuquerque leaders Thursday to celebrate the bank’s $2.8 million in equity equivalent investments in Homewise and the New Mexico Community Development Loan Fund, two organizations dedicated to creating opportunities for low- to moderate-income families in the city.

BBVA today launched its new BBVA for Everyone app, available for both iOS and Android operating systems, which enables the blind and those with physical or mild mental disabilities to use the bank’s network of over 6,300 automatic teller machines (ATMs). This new tool will guide those with visual disabilities to the ATM of their choice and help them withdraw cash. BBVA is a pioneer in this type of mobile solutions, which complement the services already available for people with disabilities on the web and corporate apps.

BBVA Compass today announced it will extend and expand its brand ambassador agreement with May 2018 Texas Longhorn graduate and rising country music singer Tyler Dial. The senior at the McCombs School of Business just finished recording the first EP for his second album project, this time recording in Nashville, Tenn. with new industry veterans by his side for production, instrumentation, background vocals and more.

Sir Elton John and David Furnish will host the Elton John AIDS Foundation (EJAF)’s 26th annual Academy Awards Viewing Party on Sunday, March 4, 2018, at West Hollywood Park in Los Angeles. BVLGARI is the gala event’s generous Presenting Sponsor.

BBVA presents Baby Planner, a new functionality within BBVA’s app and website that allows customers and non-customers to understand the expenses associated with having a baby. The monetary expenditure for families with a child under three is 10% higher than for those without, as concluded by estimates from BBVA Research after factoring in other differences between households. This added functionality serves to give new parents the information they need to plan their finances. BBVA Baby Planner also provides the economic effects associated with maternity and paternity-leave and other schemes to offer “work-baby balance.”

Using the full functionality of the bank in your pocket is easier at BBVA Compass with the release of version 5.4 of its Mobile Banking App.

In the latest release, the bank added a search engine inside the app so users can fully capitalize on the many features that have won it multiple awards. With the new search, users simply start typing what they would like to do in the search bar, and the app automatically displays a list of applicable functionality from which the user can select. When the client taps on one of the results in the list, the app automatically navigates the client to the exact spot in the app where that functionality is or information is located.

Goodwill Central Texas will open a new hub for financial education as part of the future Goodwill Career and Technical Academy, with funding generously provided by the BBVA Compass Foundation. The BBVA Compass Center for Financial Education will break ground in late 2018.

In December, BBVA Compass published a series of articles that captured its brand promise of “creating opportunities,” honing in on efforts and investments that will positively impact underserved communities throughout the bank’s footprint. The bank also positioned itself as an engine of opportunity for people, highlighting its commitment to helping customers digitally and through an array of financial services.

For half a decade, the BBVA Compass Foundation’s Project Blue Elf campaign has created opportunities for a total of more than 20,000 students across the country during its existence, filling them with holiday joy and handing out toys during a time of giving.

In November, BBVA Compass published a series of articles that underscored its efforts of being an inclusive and digital bank committed to the customers, clients and communities throughout its footprint. Top articles of the month were centered around a recognition for the award-winning BBVA Compass Mobile Banking app; the bank’s recent achievement from the Human Rights Campaign; dinners held for the bank’s Denver clients; and the bank’s new agreement with entertainment presenter, AEG.

BBVA Compass and KIPP Houston Public Schools cut the ribbon Monday on the charter school system’s newest campus: the BBVA Compass Opportunity Campus, home of KIPP NEXUS Primary School and KIPP NEXUS Middle School in Northwest Houston. The campus, which welcomed its inaugural classes in the fall, is the first KIPP campus nationwide to share its name with a corporate investor.