Banco Bilbao: Q1 Earnings Snapshot

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MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Thursday reported first-quarter net income of $1.98 billion.

The bank, based in Madrid, said it had earnings of 31 cents per share.

The bank posted revenue of $7.46 billion in the period. Its revenue net of interest expense was $7.46 billion, exceeding Street forecasts.

Banco Bilbao shares have increased 25% since the beginning of the year. The stock has increased 52% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBVA at https://www.zacks.com/ap/BBVA

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