BBVA : COVID-19 pandemic continues to weigh…
>Q2 2020 hardly reassuring as regards operations - The group reported Q2 2020 figures above expectations with net profit some 12% above expectations (€ 636m), driven mainly by trading revenues (€ 512m, +57% vs consensus) and strong cost discipline (-5% y-o-y at constant exchange rates, and -7% vs consensus at € 2.55bn).The performance is less reassuring on core revenues (interest & fee income) due to the stronger-than-expected impact of the pandemic on the busine...Banco Bilbao Vizcaya Argentaria is an international financial group, engaged primarily on providing banking services and consumer finance to private individuals and businesses in Spain and Portugal; providing real estate activity in Spain; providing services to international companies and investment banking, capital markets and treasury management services to clients; and providing the banking, insurance and pension businesses in Mexico and the U.S., as well as in South America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.