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.

• 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

Mortgage rates recently reached their lowest point in 13 months, leading many homeowners to ask if now is the right time to consider refinancing.

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.