Report
Benoit Valleaux ...
  • Steven Gould

BBVA : Fin d’année 2023 & perspectives 2024/MT solides

>Opinion Surperformance réitérée – OC porté à 11.7 € (vs 10.8 €) - BBVA a publié au T4 2023 un RN de 2.06 Md€ (+5% vs Css), drivé par une progression quasi en ligne des revenus (+2% vs Css, mais mix mitigé avec -7% sur les NII, +9% sur les commissions et +77% sur le trading), des coûts (-1% vs css) et des provisions sur crédits (+3% vs css). Le groupe délivre un message confiant dans ses guidance 2024 (RN > 2023 et un RoTE ‘high teens’) sur fond de maintien d’une bonn...
Underlying
Banco Bilbao Vizcaya Argentaria S.A.

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Steven Gould

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