BBVA : Zone of turbulence set to worsen…
>Increased caution in the short and medium term - Following a company contact and taking into account developments in the public health/macroeconomic situations on the group’s key markets (Mexico, Turkey, etc.) since the Q1 2020 results publication, we adopt an even more cautious stance in our 2020-2022e scenario for BBVA. We therefore revise down our earnings estimates for the period 20201e2022e by an average of 14%. This revision was driven notably by the upward adju...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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