AllAnalyst Report
Morningstar•May 01, 2023
Morningstar•May 01, 2023Banco Bilbao Vizcaya Argentaria, S.A.: BBVA Earnings: Positive Net Interest Margin Fundamentals Drive Strong Growth
Summary
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and inves
Upgrade to begin using premium research reports and get so much more.
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
UpgradeActions
Download Full ReportRelated Reports
- Analyst Report: Deutsche Bank AktiengesellschaftApr 26, 2024 •
DB
- Analyst Report: BNP Paribas SAApr 25, 2024 •
BNPQY
- Analyst Report: Lloyds Banking Group plcApr 24, 2024 •
LYG
- Market Digest: TSM, TFC, GILD, OMC, VZApr 23, 2024 •
TFC, OMC, VZ, GILD, TSM
- Analyst Report: Truist Financial CorporationApr 23, 2024 •
TFC
Analyst Profile
Johann Scholtz
Equity AnalystJohann Scholtz is an equity analyst for Morningstar, Holland B.V., a wholly owned subsidiary of Morningstar, Inc. He covers European banks. Before joining Morningstar in 2017, Scholtz spent 11 years covering various sectors in South Africa as a buy- and sell-side analyst.Scholtz holds a Bachelor of Commerce degree in Finance from Stellenbosch University. He holds the Chartered Financial Analyst® designation and he is a Chartered Accountant CA(SA).