Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Issues Quarterly Earnings Results

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) posted its quarterly earnings data on Thursday. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03, Zacks reports. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 22.05%. The firm had revenue of $9.93 billion for the quarter. During the same quarter in the previous year, the firm posted $0.36 earnings per share.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock traded down $0.22 on Friday, hitting $9.68. The company’s stock had a trading volume of 1,419,964 shares, compared to its average volume of 1,174,167. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $7.41 and a fifty-two week high of $12.20. The firm’s fifty day moving average price is $10.40 and its 200-day moving average price is $10.48. The stock has a market capitalization of $56.51 billion, a price-to-earnings ratio of 6.60, a P/E/G ratio of 1.00 and a beta of 1.32.

Wall Street Analysts Forecast Growth

BBVA has been the topic of several research analyst reports. BNP Paribas cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.