BBVA : Le T4 2019 est assez convainquant, les perspectives moins !
>Peu de fausses notes, mais pas plus de catalyseurs… - Le groupe a publié des chiffres au T4 2019 sans mauvaise surprise – le RN (publié ou ajusté de la dépréciation de GW de ~1.3 Md€ sur BBVA USA) s’établit ~9% au-dessus des attentes (resp.1.16 Md€ & perte nette de 155 M€). L’analyse du delta net positif avec les attentes (~0.1 Md€) laisse apparaitre un bilan assez mitigé avec :(+) un PNB supérieur de 7% aux attentes à 6.42 Md€ mais pour moitié sur des revenus d...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.
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