|Bid||4.710 x 50000|
|Ask||4.730 x 810200|
|Day's Range||4.6005 - 4.7240|
|52 Week Range||4.5200 - 7.7300|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||7.65|
|Earnings Date||Feb 1, 2019|
|Forward Dividend & Yield||0.25 (5.33%)|
|1y Target Est||7.54|
The new local head of BBVA Compass was previously the bank's top exec in a fast-growing region of Southern California.
As BBVA finalizes its succession plan for current global executive chairman Francisco Gonzalez, the Spanish financial services giant announced Wednesday that Onur Genc, previously U.S. country manager and BBVA Compass CEO, will take over as CEO of the entire banking group. Genc will take over for Carlos Torres Vila, who will, in turn, rise to succeed Gonzalez as executive chairman. Genc took over as CEO of Houston-based BBVA Compass and U.S. manager in January 2017 after rising through the ranks of the Turkish bank — and BBVA subsidiary — Garanti.
Spain's BBVA named Onur Genç as its new chief executive on Wednesday, with the head of the Spanish bank's U.S. operations due to take over its online transformation from Carlos Torres at the end of 2018. Genç's appointment reaffirms the bank's global ambitions and in particular a commitment to Turkey and the U.S., a source with knowledge of the matter said.
A real estate investor from Atlanta now owns a mixed-use development on the busy commercial strip in Nashville's popular 12South neighborhood, featuring apartments and Jeni's Splendid Ice Creams.
MADRID (Reuters) - Chinese President Xi Jinping will travel to Spain next Wednesday for an official visit expected to focus on trade and tourism. On Tuesday, trade ministers will meet representatives of ...
“Market volatility has picked up again over the past few weeks. Headlines highlight risks regarding interest rates, the Fed, China, house prices, auto sales, trade wars, and more. Uncertainty abounds. But doesn’t it always? I have no view on whether the recent volatility will continue for a while, or whether the market will be back […]
The euro zone's top three investment banks are facing an 11 billion euro (9.57 billion pounds) question from their supervisor. A decade after the start of the financial crisis, supervisors are still trying to make the banking sector more robust and avoid a repeat of the meltdown that started on trading floors and brought low the whole euro zone economy. ECB Vice President Luis De Guindos said after results of the Europe-wide stress test were published on Nov. 2 that the job was not done.
By Julien Ponthus and Helen Reid LONDON (Reuters) - European shares slipped on Friday as mining and oil stocks sold off and weak results from Thyssenkrupp and Richemont weighed on sentiment. The pan-European ...
A top lawmaker from the party of Mexico's president-elect on Friday pledged the country's leftist majority would act with "prudence" after a surprise bill to limit bank commissions sparked the ...
MILAN/LONDON (Reuters) - European shares bounced on Wednesday in a broad rally after U.S. midterm elections delivered no big surprise, with a string of solid earnings updates and a rally in Spanish banks on a favourable tax ruling also providing relief. The U.S. midterm elections saw Democrats ride a wave of dissatisfaction with President Donald Trump to win control of the U.S. House of Representatives on Tuesday, giving them the opportunity to block Trump's agenda and open his administration to intense scrutiny.
Europe's top banks may have survived a milestone test of their resilience but strengthened balance sheets count for little when they generate such meagre returns compared with U.S. rivals, investors say. The European Banking Authority stress test results on Friday showed the sector in reasonable financial health, with a clean sweep of 48 lenders judged capable of withstanding economic shocks like a crash in real estate or bond prices. For the first time since 2009, the EU health check of the sector showed all top banks passed a key capital threshold under the most adverse economic scenario.
Bank investors seem to be spooked by Turkey, but they may be overreacting. That is one lesson you could draw from the share-price reactions to third-quarter results from two Spanish banks.
The figure is slightly down from the second quarter when BBVA Compass posted a profit of $184 million.
Spanish bank BBVA struck a more cautious approach to Turkey for this year and next and said it would need to set aside more money as a result of the worsening economic situation in its fourth-largest market. Comments made by BBVA executives on Turkey during a conference call on Tuesday drove shares 2 percent lower and overshadowed a strong set of underlying results in its top market of Mexico. BBVA, which owns just under 50 percent in Turkish Garanti , accounts for around 10 percent of its earnings.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to learn about the link between Read More...
Lending to women-owned businesses and Asian American business owners both increased for SBA funds in Houston.
Shares in Spanish banks rebounded on Friday after the Supreme Court said it would review the impact of a ruling on mortgage stamp duty after initially saying on Thursday that banks would have to pay the tax. The court said that, as the ruling was a "radical change" in its criteria and had an "enormous economic and social impact", a senior judge agreed to suspend all pending appeals on the matter. The Supreme Court ruling had unexpectedly overturned a previous ruling from earlier this year and though it was final it didn't state from when clients were entitled to be compensated.
European shares swung back into the red on Thursday as fears of rising rates and disappointing earnings from U.S. industrials dragged Wall Street down, while HeidelbergCement's profit warning sank European ...
Spanish bank shares fell sharply on Thursday after the Supreme Court ruled banks must pay stamp duty on mortgage loans, potentially costing them billions of euros in compensation and raising pressure on their lending business. "The Supreme Court states that the person who must pay the stamp duty in the public deeds of loans with mortgage guarantees is the lender, not the one who receives the loan," the court said in a document. The Supreme court ruling, which overturned a previous ruling from earlier this year, is now final and could leave banks potentially exposed to additional legal provisions, analysts said.