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BBVA BBVA Bilbao Vizcaya Argentaria SA

10.91
0.08 (0.74%)
01 Jun 2024 - Closed
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
  0.08 0.74% 10.91 10.91 10.755 10.84 1,042,948 00:45:52

Mexico's BBVA Bancomer 2011 Deposits Grew 10%, Loans By 9%

02/02/2012 5:33pm

Dow Jones News


BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
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From Jun 2019 to Jun 2024

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The Mexican unit of Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA) said Thursday its deposits grew 10% on the year to 381.4 billion pesos ($29.3 billion), while its credit portfolio expanded 9% to MXN609.7 billion, with a 13% expansion in mortgages and 15% growth in loans to businesses.

BBVA Bancomer, Mexico's largest bank, said its net interest margin, a measure of profitability, rose 7.2% last year on strong growth in credit and deposits.

The bank's percentage of non-performing loans stood at 3.1% at the end of the year, while its ratio of capital reserves was 15.8%.

By Amy Guthrie, Dow Jones Newswires; (5255) 5980-5177; amy.guthrie@dowjones.com

1 Year BBVA Bilbao Vizcaya Arge... Chart

1 Year BBVA Bilbao Vizcaya Arge... Chart

1 Month BBVA Bilbao Vizcaya Arge... Chart

1 Month BBVA Bilbao Vizcaya Arge... Chart