5.90 +0.01 (0.20%)
After hours: 4:26PM EST
|Bid||5.86 x 39400|
|Ask||6.10 x 36100|
|Day's Range||5.87 - 5.96|
|52 Week Range||4.99 - 8.61|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||8.20|
|Forward Dividend & Yield||0.46 (8.04%)|
|1y Target Est||7.58|
Moody's Latin America Agente de Calificación de Riesgo S.A.(MLA) assigned a Ba3 global local currency senior debt rating and Aa1.ar national scale local currency debt rating to Rombo Compania Financiera S.A.'s (Rombo) Class 45 bond issuance, due in 18 months, for up to ARS 300 million. Rombo's ratings incorporate the company's b2 baseline credit assessment (BCA) and Moody's assessment of high probability of affiliate support from its main parent, RCI Banque (Renault Credit International Banque S.A.) (RCI) (baa3 BCA/Baa1 positive) in an event of stress.
Spain’s second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), is launching a blockchain-based platform for structured green bonds, according to a press release. BBVA has partnered with Spanish insurance house Mapfre to finance sustainable products, with €35 million being raised by Mapfre. The press release states that BBVA has “issued the first structured green bond using blockchain technology to negotiate the terms and conditions.” The move is part of a BBVA initiative to launch sustainable projects to meet its green development goals. Juan Garat, BBVA’s head of global sales, states: “With this deal, BBVA reasserts its firm commitment to both sustainable financing and new technologies. Using DLT – distributed ledger technology – for this transaction allowed us to simplify the processes and streamline the negotiation The post Major Spanish bank BBVA raises €35 million for ‘green bond’ blockchain platform appeared first on Coin Rivet.
Hundreds of Chinese citizens waving Spanish and Chinese flags took to the streets of Madrid on Friday to protest against BBVA, saying the bank had blocked their accounts. The protesters said they had been told their bank accounts had been blocked because of money laundering regulations but insisted they had done nothing wrong. "We gathered here to demand equality because we are ordinary citizens.
MADRID (AP) — Hundreds of Chinese have protested outside a Spanish bank in Madrid, claiming they are being unfairly denied access to their accounts while the bank insists it's merely complying with money-laundering laws.
- Earnings: BBVA Compass reported a net income of $196 million for the fourth quarter of 2018. - Appointments: BBVA Compass appointed Miami Market CEO and new Global Wealth Executive. - Shutdown Relief: BBVA Compass announced that it will provide financial relief for clients directly impacted by the recent federal government shutdown.
HOUSTON, Feb. 14, 2019 /PRNewswire/ -- For the third consecutive year, the Houston Rockets and BBVA Compass will be rolling out their annual small business contest on February 19, beginning a new chapter in their focus to foster entrepreneurship. In a shift from the previous two installments, the contest will now focus on Houston-area start-up businesses that need a financial boost to become digitally innovative. "BBVA Compass is in a unique position and we want to leverage that to help elevate entrepreneurship through digital capabilities," said BBVA Compass Houston CEO Mark Montgomery.
The campaign received the top honor, a platinum award, in the Integrated Marketing category. A synergistic effort by BBVA Compass, AXS and AEG, the collaborative live entertainment initiative reached multiple strategic markets across the bank's footprint.
HOUSTON, Feb. 11, 2019 /PRNewswire/ -- BBVA Compass was recently named one of the 10 Best National Banks of 2019 by financial site GOBankingRates, a list compiled by extensive research around rates, fees and policies of the top banks in the nation. This is the second consecutive year that BBVA Compass has made the site's list.
EL PASO, Texas, Feb. 11, 2019 /PRNewswire/ -- BBVA Compass has appointed Yolanda Arriola to its El Paso advisory board, where she will advise the bank on identifying opportunities in a market known for its fast-growing business and economic prosperity. Arriola is the current owner and CEO of Southwest University at El Paso, a leading institution in the area that has seen substantial milestones under her leadership. "Yolanda is a leader in the community and in the business world," said BBVA Compass El Paso City President Hector Villegas.
BIRMINGHAM, Ala., Feb. 6, 2019 /PRNewswire/ -- BBVA Compass has named Brian Fricke as its Chief Information Security Officer (CISO), where he will oversee the bank's Information Security and Engineering Risk functions.
HOUSTON, Feb. 6, 2019 /PRNewswire/ -- BBVA Compass's (BBVA) Treasury Management team realized significant milestones in 2018. Global Finance magazine, and the experts it surveyed, recently took notice as the publication named the bank as the Top Treasury and Cash Management Provider in the Southwest for 2019. BBVA Compass was recognized for the annual award from Global Finance for its customer service, competitive pricing, product innovation and the extent to which the bank differentiated itself from competitors.
- Marked Improvement: The bank's "Outstanding" rating marks its second improved rating since 2014. - Rating reflects strong commitment: BBVA Compass has executed a plan dedicated to responsible banking through lending, investments, social impact and philanthropy. - Four years into a five-year commitment: The bank made an $11 billion, five-year commitment implemented in 2015 for lending, investment and services supporting the low- and moderate-income individuals and neighborhoods it serves.
We are back and fully operational,” SBA Regional Administrator Justin Crossie said in a statement to the Dallas Business Journal. “Our top priority is to work with SBA lenders to approve and process small business loans and get capital into the hands of the businesses that need it.”
HOUSTON , Feb. 1, 2019 /PRNewswire/ -- Fourth quarter net income of $196 million brings full-year total to a record $763 million Net income up 13 percent 1 from a year ago and 31 percent 1 on a year-to-date ...
- Fed likely to delay raising rates: The Fed will likely delay raising rates in the first half of 2019 as it continues to engineer a soft landing. - Inflation expectations are down: Inflation expectations are down as pass-through from rising input costs have muted the 10-year Treasury to follow a shallower path. The FOMC is expected to use this week's statement and press conference to communicate a slightly dovish shift in policy, keeping rates unchanged in an attempt to calibrate the remaining stretch of its normalization path to ensure a soft landing amidst an uptick in market volatility and growing concerns about financial stability.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
HOUSTON, Jan. 23, 2019 /PRNewswire/ -- BBVA today announced the availability of the English version of its popular podcast created in collaboration with Grupo Santillana and El Pais, Aprendemos Juntos, or Learning Together.
While Houston and Texas are poised for strong economic growth in 2019, a recession could be on the horizon in 2020, according to a research economist with Houston-based BBVA Compass Bancshares Inc. (NYSE: BBVA), the fourth-largest bank in the Houston market by deposits. Boyd Nash-Stacey is a senior economist at BBVA in charge of U.S. macroeconomic analysis, U.S. financial markets, geostrategy and U.S. strategic analysis. Houston is expected to grow its economy by 3.5 percent to 4 percent during 2019.
The ECB has expressed concerns over reports that Spanish bank BBVA (BBVA.MC) hired a former police chief in 2004 to spy on a would-be buyer and some of its officials have discussed it with the bank, a source with knowledge of the situation told Reuters. Another source briefed about the case confirmed that top European Central Bank officials were concerned and monitoring the situation, and wanted BBVA to be fully transparent and take any necessary measures. Last week, online media Elconfidencial.com and Moncloa.com, said that BBVA had hired ex-police chief Jose Manuel Villarejo's firm, Grupo Cenyt, in 2004 to investigate a senior government official and officials of construction company Sacyr (SCYR.MC) as part of efforts to stop a takeover bid.
BBVA Compass named company veteran Giampaolo Consigliere as its Miami Market CEO, part of the bank's strategy to expand into South Florida. Consigliere leads the region's commercial banking, global wealth and treasury management operations.
MIAMI, Jan. 16, 2019 /PRNewswire/ -- BBVA Compass has named longtime leader Giampaolo Consigliere as its Miami Market CEO as part of its work to strengthen the bank's presence in this burgeoning and diverse market.
- Chacon: He has held multiple positions within the BBVA footprint, including in Mexico and the U.S. HOUSTON, Jan. 16, 2019 /PRNewswire/ -- BBVA Compass has appointed Hector Chacon as its new Global Wealth Executive, promoting a long-time employee who has held multiple positions prior to his new role.