Analysts see BBVA’s Q2 results in a positive light. Most highlighted the solid underlying trends and singled out income growth and credit quality as key drivers of the bank’s earnings. The increase of the capital ratio was another one of the most highly-valued elements. Bank shares are expected to react positively, although no significant shifts were anticipated in terms of recommendations or target price.
Finance
Finance
BBVA has demonstrated its solid resilience in the European Banking Authority’s (EBA) stress tests of European banks, published today. In the adverse scenario, the bank would attain a fully-loaded CET1 ratio of 8.2% in 2018.
BBVA Compass Bancshares, Inc. reported its second quarter 2016 results today, with net income topping $162 million for the first half of 2016 compared to $286 million earned during the first six months of 2015. Return on average assets and return on average tangible equity(1) for the first six months of 2016 were 0.35 percent and 4.27 percent, respectively.
Between April and June the BBVA Group posted the highest quarterly profit of the last 12 months, with €1.12 billion, up 58.4% from the previous quarter. Net attributable profit for the first half of the year stood at €1.83 billion, down 33.6% from the same period in 2015, due to the impact of exchange rates and the lack of corporate operations. Stripping out these two factors, profit grew 5.8% y-o-y
These are the ratios that show up the financial position of a bank. This is a disclosure of BBVA’s ratios calculated at the end of June 2016.
Bank of Spain’s Circular 4/2016 on analysis and provisioning of credit risk will bring changes to the way in which banks classify and provision doubtful loans.This new standard seeks to improve transparency and comparability with the rest of European institutions.In this article, we take a look at the main changes that Spanish banks will have to face in the coming months.
Trust has always been one of banking’s biggest values, but in the 21st century where digital is the prevailing theme, trust has become even more central to the conversation, BBVA Global Head of Security Architecture Juan Francisco Losa said in an address at American Banker’s Cybersec conference in New York City this week.
After a turbulent end of 2015 for Latin American emerging markets, fuelled by the collapse of commodity prices, the first half of 2016 has been quite different. Since January, investment funds operating in Latin America have reported solid profitability ratios, in many cases above 10%.
The U.K. unexpectedly voting to leave the EU in the referendum (Brexit) increases uncertainty in the global economy, according to a BBVA Research report published on July 5th. The negative bias could subtract approximately -0.2% from global GDP growth, previously expected to be 3.4% in 2017 until now.