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

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

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock traded up $0.30 during mid-day trading on Thursday, reaching $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 capitalization of $69.03 billion, a price-to-earnings ratio of 6.80, a PEG ratio of 0.68 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria has a one year low of $9.23 and a one year high of $12.20. The company has a 50-day moving average price of $10.10 and a two-hundred day moving average price of $10.19.

Wall Street Analysts Forecast Growth

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

Banco Bilbao Vizcaya Argentaria Company Profile

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.