|Bid||4.8175 x 0|
|Ask||4.8200 x 0|
|Day's Range||4.6545 - 4.8365|
|52 Week Range||4.1870 - 5.6790|
|Beta (3Y Monthly)||1.89|
|PE Ratio (TTM)||6.56|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||0.26 (5.47%)|
|1y Target Est||7.54|
European stocks took a step backward on Monday as traders took more sober assessments on the prospect of U.S.-China trade pact and a deal for Britain to leave the European Union.
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
PARIS/MUNICH/MADRID, Oct 1 (Reuters) - German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled out of the race. The deal is worth more than 1 billion euros ($1.1 billion)and is expected to be sealed by the end of the year, the sources said. If successful, it would give Allianz a platform to revive its Spanish distribution network after a previous agreement with Banco Popular came to an end following Popular’s sale to Santander in 2017.
New York, September 19, 2019 -- Moody's Investors Service ("Moody's") has today assigned a definitive Baa3 (hyb) local currency junior subordinated debt rating to BBVA Bancomer, S.A.'s (BBVA México) issuance of Basel III-compliant Tier 2 subordinated preferred capital notes.
Banco Bilbao Vizcaya Argentaria, S.A. (BME:BBVA) saw a decent share price growth in the teens level on the BME over...
Moody's Investors Service ("Moody's") has today assigned a (P)Baa3 (hyb) USD-denominated junior subordinated debt rating to BBVA Bancomer, S.A.'s (BBVA México) proposed issuance of Basel III-compliant Tier 2 subordinated preferred capital notes due in 2034, with an optional call date by 2029. The assigned (P)Baa3 (hyb) rating is positioned two notches below BBVA México's baa1 adjusted baseline credit assessment (adjusted BCA), in line with Moody's standard notching guidance for contingent capital notes.
European shares fell on Thursday as mixed readings of business growth across major economies and uncertainty over the U.S. interest rate outlook made investors nervous, while a jump in the pound dented London stocks. The latest data showed business growth in the euro zone recovering marginally in August but factory activity shrinking in both Japan and the United States, raising questions about the health of the global economy. The pan-European STOXX 600 index ended 0.4% lower, with euro zone equities down 0.6%.
Moody's Investors Service ("Moody's") has today placed on review for downgrade all long-term ratings of Gilex Holding S.a.r.l. In the same action, Moody's has placed on review for downgrade all long-term ratings of Banco Bilbao Vizcaya Argentaria Paraguay ("BBVA Paraguay", Ba1 for deposits (domestic currency)) as well as its ba2 BCA.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BBVA Consolidar Seguros and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The chief executive of Spain's BBVA said on Wednesday the bank was reinforcing internal compliance controls and was treating an alleged spying case "very seriously" although he said the issue had not had an impact on the bank's business. Spain's High Court placed the country's second-largest bank BBVA under formal investigation on Monday as part of a probe into the case that dates back to 2004, the court said in a statement. BBVA will be investigated on charges of bribery, disclosure of secrets and corruption in relation to the bank's alleged dealings with former police chief Jose Manuel Villarejo.
Latin America and Spain fuelled a 2.6% rise in BBVA's second-quarter net profit and income from lending beat expectations, but the chief executive's comments on an alleged spying case involving the bank overshadowed good results. Shares in BBVA reversed early gains to fall 1.8% by 1323 GMT after CEO Onur Genc said the bank was reinforcing internal compliance controls and treating an alleged spying case, which he said had damaged its public image, "very seriously". Spain's High Court placed BBVA under formal investigation on Monday as part of a probe into a case dating back to 2004.
Spain's High Court on Monday placed the country's second-largest bank BBVA under formal investigation as part of a probe into an alleged spying case that dates back to 2004, the court said in a statement. The decision follows a request by the anti-corruption public prosecutor last week and will see BBVA investigated on charges of bribery, disclosure secrets and corruption in relation to the company’s alleged dealings with former police chief Jose Manuel Villarejo. In a statement, BBVA's Executive Chairman Carlos Torres reiterated the company's "firm commitment to clarifying the facts and complying with the law".
Uber Technologies Inc is partnering with bank BBVA and payments processor Mastercard to launch a debit card for drivers in Mexico, an Uber executive said on Tuesday, the company's latest gambit to promote banking in a country that runs on cash. "Uber supports the extension of financial services in the country," Federico Ranero, Uber Mexico's general manager, said at an event announcing the program. The launch marks the first time that Uber has offered such a card outside of the United States, Ranero said.