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Spanish bank BBVA wants to explore a possibile merger with smaller rival Sabadell , it said on Tuesday, confirming an earlier report from a Sky News reporter.
Spain's BBVA on Monday said its first quarter net profit rose 19% from the same period in 2023 thanks to a solid performance in Mexico, its main market.
BUENOS AIRES, Argentina , April 17, 2024 /PRNewswire/ -- Banco BBVA Argentina S.A. (NYSE, BYMA, MAE: BBAR, LATIBEX: XBBAR), today announced the filing of its Annual Report on Form 20-F for the fiscal year 2023 Banco BBVA Argentina S.A.
Argentinian bank stocks, including Banco BBVA Argentina and Banco Macro, have seen gains of over 100% since the election of Milei in late 2023. Banco BBVA Argentina has shown decent performance despite the challenging macroeconomic environment in Argentina.
BBVA's share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived.
Spain's BBVA will set up a new global finance unit focused on clean technologies and innovation as part of its plans to expand into sustainable business, the lender's Chairman Carlos Torres said on Thursday.
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