Banco Bilbao Vizcaya Argentaria. - ADR Stock News

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA ) Q4 2024 Earnings Conference Call January 30, 2025 3:30 AM ET Company Participants Patricia Bueno Olalla – Global Head-Shareholder and Investor Relations Onur Genç – Chief Executive Officer Luisa Gómez Bravo – Chief Financial Officer Conference Call Participants Benjamin Toms – RBC Francisco Riquel – Alantra Antonio Reale – Bank of America Maksy...

BBVA on Thursday said its fourth quarter net profit rose 18% from the same period in 2023 thanks to a solid performance in Spain, where it aims to expand through a takeover bid for smaller rival Sabadell worth around 12 billion euros.

Spanish bank BBVA has changed its tender bid for the smaller rival Sabadell by reducing the minimum acceptance condition from its previous offer, the lender said on Thursday.

BBVA Argentina (BBAR) is poised for significant growth due to Argentina's economic recovery under President Javier Milei's liberal policies, benefiting from stabilized currency and reduced inflation. Milei's reforms, including cutting public spending, reducing taxes, and stabilizing the Argentinian Peso, have led to a dramatic improvement in Argentina's economic indicators. BBAR has shown impre...

Mexico's competition authority Cofece has given BBVA the green light to take indirect control of the stakes that Sabadell holds in several units in Mexico, BBVA said on Monday.

Spain's stock market supervisor CNMV will wait for the outcome of the competition watchdog's review of BBVA's hostile bid for Sabadell before deciding on the potential authorisation of the takeover prospectus, CNMV chief Rodrigo Buenaventura told reporters on Thursday.

BBVA said on Tuesday that the European Commission had not raised any objections to its bid for Spanish rival Sabadell after completing its foreign subsidies review.

Banco BBVA Argentina S.A. is expected to benefit from Argentina's economic reforms, but has weaker fundamentals compared to peers, making it a less attractive investment. The bank's loan-to-deposit ratio is conservative at 66%, providing room for loan growth, but its operating efficiency and profitability lag competitors. Despite a favorable macroeconomic backdrop, BBVA Argentina's recent perfo...