- BBVA’s 1Q net interest income surpassed the estimated EU6.13 billion to hit EU6.51 billion.
- The company’s net fee & commission income also exceeded anticipations, reaching EU1.89 billion in contrast to the estimated EU1.71 billion.
- BBVA’s net trading income jumped to EU772 million, significantly higher than the estimated figure of EU460.4 million.
- The gross income for the quarter came in at EU8.22 billion, which beat the estimated EU7.76 billion.
- BBVA’s 1Q operating income stood at EU4.84 billion, surpassing the forecasted EU4.42 billion.
- The pre-tax profit for the period amounted to EU3.46 billion, higher than the predicted EU3.09 billion.
- In terms of provisions, they were logged at EU1.36 billion, which is more than the estimated EU1.29 billion.
- BBVA’s CET1 ratio fully-loaded attained 12.8%, slightly higher than the estimate of 12.7%.
- The bank’s efficiency ratio was noted at 41.2%.
- The investment sentiment round BBVA currently is 14 buys, 15 holds, and 3 sells.
A look at Banco Bilbao Vizcaya Argentari Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Banco Bilbao Vizcaya Argentaria shows a promising long-term outlook. With high scores in Growth and Momentum, indicating strong potential for future expansion and positive market performance, the company seems well-positioned for sustainable growth. Additionally, its Value and Dividend scores are solid, reflecting a good balance between investment value and returns for shareholders. However, the lower Resilience score suggests some vulnerability to economic downturns or market fluctuations, which investors should monitor closely.
Banco Bilbao Vizcaya Argentaria, S.A., a global banking firm with operations spanning Europe, Latin America, the United States, China, and Turkey, is known for its diverse range of banking and financial services. From retail and investment banking to asset management and insurance, the company caters to a wide spectrum of clients and offers a comprehensive suite of financial products. With its strong emphasis on growth and market momentum, Banco Bilbao Vizcaya Argentaria appears well-equipped to capitalize on opportunities and navigate challenges in the ever-evolving financial landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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