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BBVA BBVA Bilbao Vizcaya Argentaria SA

10.72
-0.20 (-1.83%)
Pre Market
Last Updated: 10:24:55
Delayed by 15 minutes
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
  -0.20 -1.83% 10.72 1,107 10:24:55

BBVA Expects Lower Cost of Risk Next Year

30/10/2020 9:25am

Dow Jones News


BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
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   By Pietro Lombardi 
 

Banco Bilbao Vizcaya Argentaria SA said Friday that it expects its cost of risk to decline next year from this year's level.

The Spanish bank also sees core revenue growing at constant euros, while cost control will be a priority for management, it said in a presentation of third-quarter results.

Cost of risk is a measure of risk level of business activities, which compares provisions to cover potential loan losses with the volume of outstanding loan.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10

 

(END) Dow Jones Newswires

October 30, 2020 05:10 ET (09:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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