Thu, Oct 2, 2014, 2:20 PM EDT - U.S. Markets close in 1 hr 40 mins

Recent

% | $
Quotes you view appear here for quick access.

BBVA Banco Franc Message Board

  • supranationalshanghai supranationalshanghai Feb 2, 2012 3:58 AM Flag

    BFR results from BBVA's Press Release

    Banco Francés in Argentina closed the year with
    a significant growth in its market share. Lending
    gained 15 basis points over the last 12 months,
    mainly thanks to progress in consumer finance
    (up 85 basis points) and corporate lending (up 84
    basis points), while the share of customer funds
    was up 8 basis points (all with November data,
    the latest available). This explains the year-on-year
    increase of 21.3% in net interest income. Growing
    net fees and commissions (29.1%) and NTI (83.3%)led to a year-on-year increase in gross income of
    28.3%. This, together with the increase in expenses
    (as a result of inflation and the expansion plans
    underway) and moderation in loan-loss provisions,
    has led to a year-on-year increase of 32.9% in the
    net attributable profit to €135m.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • BFR is much more profitable this year than last if one strips out gains from holdings of gov. bonds....

      These numbers will not be the same as those coming out of BFR because of different accounting standards but still, one can get a taste... and it's looking positive!

      Also look forward to a nice dividend as BBVA will want to repatriate as much cash as possible...

      Good luck to all!

 
BFR
11.47-0.84(-6.82%)2:16 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.