Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)
| Previous Close | 5.56 |
| Open | 5.72 |
| Bid | 5.70 x 36900 |
| Ask | 5.71 x 29200 |
| Day's Range | 5.59 - 5.73 |
| 52 Week Range | 2.49 - 5.86 |
| Volume | 3,117,565 |
| Avg. Volume | 3,133,693 |
| Market Cap | 37.447B |
| Beta (5Y Monthly) | 1.89 |
| PE Ratio (TTM) | 7.97 |
| EPS (TTM) | 0.72 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Apr 07, 2020 |
| 1y Target Est | 5.71 |
- GuruFocus.com
A Trio of Low Forward Price-Earnings Ratio Stock Picks
Their forward-looking valuations are trading below the S&P 500's historical average
- Moody's
BBVA RMBS 10, FTA -- Moody's upgrades one class of Spanish RMBS Notes issued by BBVA RMBS 10, FTA
The portfolio consists of high Loan To Value ("HLTV") mortgage loans secured by residential properties.The maximum achievable rating is Aa1 (sf) for structured finance transactions in Spain, driven by the corresponding local currency country ceiling of the country.RATINGS RATIONALEThe rating action is prompted by an increase in credit enhancement for the affected tranches and decreased key collateral assumptions, namely the portfolio Expected Loss (EL) and MILAN CE assumptions due to better than expected collateral performance.Increase in Available credit enhancementSequential amortization led to the increase in the credit enhancement available in this transaction. For instance, the credit enhancement for Class B affected by today's rating action increased to 8.1% from 6.7% since the last rating action.Revision of Key Collateral AssumptionAs part of the rating action, Moody's reassessed its lifetime loss expectation for the portfolio reflecting the collateral performance to date.The performance of the transaction has continued to improve since last rating action.
- Reuters
BBVA may cut 3,000 jobs in Spain, Expansion says
Spain's BBVA is considering cutting around 3,000 jobs in its home market, or around 10% of its staff there, to adapt to the rise in online banking, newspaper Expansion reported on Wednesday, citing sources with knowledge of the matter. BBVA declined to comment. Last month, the bank's chief executive officer Onur Genc told analysts the lender was looking into cost-cutting plans for low growth geographies, "including a fast restructuring programme (in Spain)" in the first half of 2021.
