Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. Banco Bilbao Vizcaya Argentaria, S.A.
  6. News
  7. Summary
    BBVA   ES0113211835

BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

(BBVA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

BBVA 2Q Profit Grew; Share Buyback Program to Start in 4Q

07/30/2021 | 01:37am EDT

By Xavier Fontdegloria

Banco Bilbao Vizcaya Argentaria SA said Friday that it will start a share buyback program of up to 10% of its capital in the fourth quarter after registering better-than-expected profits from April to June.

The Spanish bank's net profit grew 10% compared with the same period last year to 701 million euros ($833.4 million). Analysts expected the lender to post a profit of EUR379 million.

BBVA said net interest income--the difference between what lenders earn from loans and pay for deposits, a key profit driver for retail banks--was EUR3.50 billion compared with EUR3.54 billion a year earlier.

Impairments on financial assets and provisions fell to EUR656 million in the second quarter from EUR1.41 billion for the same period a year earlier, when activity was hit by the coronavirus pandemic.

The lender's fully-loaded CET1 ratio, a key measure of capital strength, increased to 14.17% in June from 11.88% in March.

The pro forma fully-loaded CET1 ratio, including the share repurchase program, stands at 12.89%, the bank said.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

07-30-21 0136ET

All news about BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
09/16TURKIYE GARANTI BANKASI A.S. : Distribution Results of Bank Bonds to Qualified I..
DJ
09/16BBVA : Jefferies reaffirms its Buy rating
MD
09/15Vineyard Wind secures $2.3 bln loan, allowing construction to start
RE
09/15BBVA Research on Colombia's Fiscal Reform
MT
09/15CREDIT AGRICOLE S A : Vineyard Wind secures $2.3 bln loan, allowing construction..
RE
09/14ELIS : Prices $236 Million Bond Tap Issue
MT
09/13BBVA Research on When The ECB's PEPP Ends
MT
09/10BBVA Research Notes Peru's Central Bank Lifts Monetary Rate by 50bp to 1.00%
MT
09/09TURKIYE GARANTI BANKASI A.S. : TRSGRAN92117 ISIN- Redemption of the Debt Instrum..
DJ
09/09TURKIYE GARANTI BANKASI A.S. : Announcement regarding forward looking expectatio..
DJ
More news
Analyst Recommendations on BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
More recommendations
Financials
Sales 2021 20 246 M 23 743 M 23 743 M
Net income 2021 3 656 M 4 288 M 4 288 M
Net Debt 2021 - - -
P/E ratio 2021 10,5x
Yield 2021 3,32%
Capitalization 38 121 M 44 748 M 44 705 M
Capi. / Sales 2021 1,88x
Capi. / Sales 2022 1,87x
Nbr of Employees 123 174
Free-Float 99,8%
Chart BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Duration : Period :
Banco Bilbao Vizcaya Argentaria, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 5,72 €
Average target price 5,87 €
Spread / Average Target 2,47%
EPS Revisions
Managers and Directors
Onur Genç Chief Executive Officer & Executive Director
Rafael Salinas Chief Financial Officer
Carlos Torres Vila Group Executive Chairman
Juan Pi Llorens Lead Independent Director
Lourdes Máiz Carro Independent Director