25 Mar 2020
BBVA USA is providing additional assistance across its footprint to those who have been negatively impacted by the COVID-19 outbreak, including new offers for consumers and small businesses, and specialized benefits for employees.
17 Mar 2020
BBVA USA is offering special assistance to consumer and small business customers impacted by the ongoing COVID-19 pandemic, including penalty-free withdrawals from applicable CDs, ATM fee refunds, and payment deferrals, extensions and waivers on existing loans and lines of credit, among other offers.
13 Mar 2020
Carlos Torres Vila, Group executive chairman
- Excellent figures: “In 2019 BBVA posted its highest net attributable profit of the past decade without one-offs”
- New strategic priorities: We want “to improve our clients’ financial health and help them transition toward a sustainable future”
- Dividend: BBVA is proposing at the AGM a complementary gross cash dividend of €0.16 per share. The total dividend for the year stands at €0.26 per share, which reflects a 36 percent of attributable profit, excluding the impact of the goodwill adjustment in the U.S.
Onur Genç, Chief executive officer
- Business model: “Once again, we have demonstrated the strength of our diversified model”
- Profitability: “We are number one in terms of profitability,” among 15 largest European banks
09 Mar 2020
Commercial banking veteran Orlando Castañeda has been named BBVA USA McAllen City President, where he will lead all Commercial operations in the market.
14 Feb 2020
After naming a new CEO to take over its Houston market to start the year, BBVA USA has now announced that it has appointed Dee Hunt as its new Houston Global Wealth Executive.
09 Jan 2020
BBVA USA has appointed Jorge Unda as Chief Investment Officer of its asset management units. In his new role, Unda will be responsible for overseeing the asset management functions of both the bank’s Asset Management & Trust division and those of BBVA Wealth Solutions, Inc., a registered investment adviser affiliate of the bank.
23 Dec 2019
BBVA USA announced today that Susana Valencia has been named its Texas Border and Gulf Coast CEO, promoting a long-time bank employee and leader.
19 Dec 2019
Ryan Companies, Page and BBVA USA announced today their plans to build a 60 floor multi-use project in the Central Business District (CBD) of Austin, Texas. The project, located at 311 and 321 West 6th Street, will have 60 floors inclusive of office, residential and parking.
05 Dec 2019
BBVA USA, in its continued commitment to creating opportunities for the area’s business landscape, announced today that it has added five veteran bankers to its Houston Commercial Emerging Companies team.
19 Nov 2019
BBVA USA announced today that Jon Rebello has been named its Austin CEO, where he will oversee Commercial banking and Global Wealth operations in the market.
BBVA USA has promoted Dillan Knudson to the position of Houston CEO, where he will oversee Commercial banking and Global Wealth operations for the bank’s biggest U.S. market.
15 Nov 2019
BBVA USA announced today that it has promoted Kevin Fretz to the position of BBVA USA Director of Franchise Finance.
07 Nov 2019
BBVA USA, in its mission to bring the age of opportunity to everyone, is celebrating Veterans Day by donating up to $20,000 to help end veteran homelessness.
07 Aug 2019
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.
24 May 2019
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.
14 May 2019
- 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.
18 Apr 2019
- 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
01 Apr 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.
13 Mar 2019
BBVA Compass Los Angeles CEO Stephen Flynn has been named one of the Most Influential Bankers by the Los Angeles Business Journal.
07 Mar 2019
- 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.
28 Feb 2019
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.
27 Feb 2019
BBVA Compass Colorado CEO Andy Wykstra has been named one of the Colorado Bankers Association’s Bankers of Distinction.
20 Feb 2019
- 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.
07 Feb 2019
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.
05 Feb 2019
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.
01 Feb 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.
30 Jan 2019
16 Jan 2019
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.
10 Jan 2019
BBVA Compass announced Thursday that it will provide financial relief for clients directly impacted by the current federal government shutdown.
31 Dec 2018
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.
21 Dec 2018
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.
18 Dec 2018
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.
14 Dec 2018
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.
13 Dec 2018
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.
10 Dec 2018
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.
11 Sep 2018
13 Aug 2018
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.
27 Jul 2018
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.
06 Jul 2018
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.
28 Jun 2018
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.
21 Jun 2018
BBVA Compass has announced the appointment of Joe Cartellone as its Director of Mortgage Banking and Home Equity.
12 Jun 2018
The 2018 BBVA Compass Dynamo Charities Cup will benefit the KIPP Opportunity Campus, BBVA Compass and the Dynamo announced this afternoon.
06 Jun 2018
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.
09 May 2018
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.
04 May 2018
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.
27 Apr 2018
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.
05 Apr 2018
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.