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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BBVA Bilbao Vizcaya Argentaria SA | NYSE:BBVA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.33 | 3.12% | 10.92 | 10.94 | 10.545 | 10.57 | 2,721,836 | 23:16:13 |
By Pietro Lombardi
Banco Bilbao Vizcaya Argentaria SA's third-quarter net profit fell much less than analysts had expected.
Net profit for the period declined 6.8% to 1.14 billion euros ($1.33 billion), the Spanish bank said Friday.
Gross income, the bank's top line, dropped 7.5% to EUR5.66 billion, with net interest income and fees declining 8.1% and 10%, respectively.
Analysts had expected a net profit of EUR773 million on revenue of EUR5.55 billion, according to a consensus forecast provided by the bank.
BBVA's core tier 1 ratio, a key measure of capital strength, was 11.52% at the end of September compared with 11.22% in June.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10
(END) Dow Jones Newswires
October 30, 2020 02:22 ET (06:22 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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