Picture of Banco Bilbao Vizcaya Argentaria SA logo

BVA Banco Bilbao Vizcaya Argentaria SA News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsAdventurousLarge CapTurnaround

Brief: BBVA Q1 Net Profit At 2.99 Bln Euros

April 30 (Reuters) - Banco Bilbao Vizcaya Argentaria SA BBVA.MC:

Q1 NET INTEREST INCOME 7.54 BILLION EUROS

Q1 NET PROFIT 2.99 BILLION EUROS

NPL RATIO 2.6% AT END-MARCH

CET1 RATIO 12.83% AT END-MARCH

ROTE 21.7% AT END-MARCH

OVERALL ON TRACK TO MEET 2025-2028 GOALS

SEES 2026 ROTE AT OVER 20%

SEES 2026 MEXICO LOANS AT HIGH SINGLE DIGIT GROWTH, WITH UPWARD BIAS

SEES 2026 TURKEY NET PROFIT AT AROUND 1 BILLION EUROS, WITH DOWNWARD BIAS

SEES 2026 LOANS FOR REST OF BUSINESS TO GROW OVER 30%

SEES 2026 GROSS INCOME FOR REST OF BUSINESS TO GROW OVER 30%

EARLY NEXT WEEK, BBVA WILL BEGIN FINAL TRANCHE OF THE EXTRAORDINARY SHARE BUYBACK PROGRAM, WITH MAXIMUM AMOUNT OF 1.46 BILLION EUROS

Source text, nCNM9X9pRS, nCNM1Zq8WM

Further company coverage: BBVA.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 567 69 66 00;))

Recent news on Banco Bilbao Vizcaya Argentaria SA

See all news