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

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) issued its quarterly earnings results on Tuesday. The bank reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04, Zacks reports. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%.

Banco Bilbao Vizcaya Argentaria Trading Up 1.0 %

Shares of NYSE:BBVA traded up $0.12 during trading on Wednesday, reaching $11.51. 68,617 shares of the stock were exchanged, compared to its average volume of 2,216,408. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. Banco Bilbao Vizcaya Argentaria has a 12-month low of $9.23 and a 12-month high of $12.20. The firm has a market cap of $67.17 billion, a price-to-earnings ratio of 6.37, a price-to-earnings-growth ratio of 0.71 and a beta of 1.27. The firm’s 50-day moving average price is $10.24 and its 200 day moving average price is $10.21.

Analysts Set New Price Targets

Several analysts have commented on the company. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria 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.