Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Posts Earnings Results, Beats Estimates By $0.04 EPS

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) posted its quarterly earnings results on Thursday. The bank reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04, Zacks reports. Banco Bilbao Vizcaya Argentaria had a net margin of 28.55% and a return on equity of 17.13%.

Banco Bilbao Vizcaya Argentaria Stock Up 2.6 %

Shares of BBVA stock traded up $0.30 on Thursday, hitting $11.83. The stock had a trading volume of 4,208,989 shares, compared to its average volume of 2,206,148. The company has a market cap of $69.03 billion, a PE ratio of 6.80, a P/E/G ratio of 0.68 and a beta of 1.27. The business has a 50 day moving average price of $10.10 and a 200 day moving average price of $10.19. Banco Bilbao Vizcaya Argentaria has a one year low of $9.23 and a one year high of $12.20.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.