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BBVA Results Headlines: Profit Beat, Loan Losses Miss

FINANCIALS

BBVA results headlines which are in contrast to Sabadell with loan losses a little higher than expected but revenues driving an overall profit beat:


  • BBVA 1Q PROVISIONS EU1.36B, EST. EU1.29B
  • BBVA 1Q CET1 Ratio 12.82% at End of March (cons: 12.67%)
  • BBVA 1Q NET INCOME EU2.2B, EST. EU1.95B
  • BBVA 1Q NET INTEREST INCOME EU6.51B, EST. EU6.13B
  • BBVA 1Q NET FEE & COMMISSION INCOME EU1.89B, EST. EU1.71B
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