Report
Steven Gould

BBVA : Fin d’année plutôt solide vs prudence sur les perspectives à CMT

>Globalement rassurant sur l’opérationnel et le capital - Le groupe a publié des chiffres solides au T3 2020 – le RN s’établit clairement au-dessus des attentes à 1.3 Md€ (vs consensus 1.1 Md€), avec un delta positif dans une large mesure associé à des provisions sur crédits (-24% vs consensus à 1.1 Md€).Le PNB ressort inférieur de 2% aux attentes à 5.3 Md€ (-7% qoq & -18% yoy), soit une évolution globalement décevante mais logique dans le contexte de taux défavo...
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
Steven Gould

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch