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Banco Bilbao Vizcaya Argentaria S.A. (BBVA.MC)

BBVA.MC on Madrid SE C.A.T.S.

7.22EUR
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

BBVA Accepts Offer From Bank Of Nova Scotia Over BBVA Chile
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - BANCO BILBAO VIZCAYA ARGENTARIA SA ::SAYS ACCEPTED OFFER AND ENTERED INTO SALE AND PURCHASE AGREEMENT WITH BANK OF NOVA SCOTIA.  Full Article

BBVA transfers to Cerberus 80 pct of its real estate business for 4.00 bln euros‍​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - BANCO BILBAO VIZCAYA ARGENTARIA SA ::REACHES DEAL WITH UNIT OF CERBERUS FOR THE CREATION OF A JV TO WHICH THE REAL ESTATE BUSINESS OF BBVA IN SPAIN WILL BE TRANSFERRED‍​.BBVA TO CONTRIBUTE BUSINESS TO SINGLE COMPANY AND TO SELL 80% OF SHARES OF SUCH COMPANY TO CERBERUS AT CLOSING DATE OF TRANSACTION.THE SALE PRICE FOR 80% OF THE SHARES WOULD AMOUNT TO ABOUT 4.00 BILLION EUROS.UNDER AGREEMENT HAYA REAL ESTATE TO MANAGE REAL ESTATE PORTFOLIO HELD BY BBVA ONCE THE TRANSACTION HAS BEEN EXECUTED.AT THE MOMENT IMPACT ON GROUP'S ATTRIBUTABLE PROFIT IS ESTIMATED AS NOT SIGNIFICANT.IMPACT ON CET 1 (FULLY LOADED) IS EXPECTED TO BE SLIGHTLY POSITIVE.  Full Article

Scotiabank Submits A Binding Offer To BBVA To Acquire Its Shares In BBVA Chile
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Bank Of Nova Scotia ::SCOTIABANK SUBMITS A BINDING OFFER TO BBVA TO ACQUIRE ITS SHARES IN BBVA CHILE.BANK OF NOVA SCOTIA - ‍HAS OFFERED TO ACQUIRE BBVA'S INTERESTS IN BBVA CHILE, AND CERTAIN SUBSIDIARIES, FOR APPROXIMATELY US$2.2 BILLION (CAD$2.9 BILLION)​.BANK OF NOVA SCOTIA- ‍IF TRANSACTION IS COMPLETED, SCOTIABANK'S COMMON EQUITY TIER 1 CAPITAL RATIO WILL BE IMPACTED BY APPROXIMATELY 100 BASIS POINTS​.  Full Article

BBVA Receives Binding Offer From Scotiabank​ For Acquisition Of Stake In BBVA Chile‍​
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - BANCO BILBAO VIZCAYA ARGENTARIA SA ::RECEIVES BINDING OFFER FROM SCOTIABANK​ FOR ACQUISITION OF BBVA'S STAKE IN BANCO BILBAO VIZCAYA ARGENTARIA, CHILE FOR ABOUT $2.20 BILLION (1.85 BILLION EUROS)‍​.SAYS OWNS DIRECTLY AND INDIRECTLY ABOUT 68.19 PERCENT OF BBVA CHILE SHARE CAPITAL‍​.OFFER DOES NOT INCLUDE BBVA'S STAKE IN AUTOMOBILE FINANCING COMPANIES OF FORUM GROUP AND IN OTHER CHILEAN ENTITIES FROM BBVA'S GROUP WHICH ARE ENGAGED ON CORPORATE ACTIVITIES OF BBVA GROUP.SAYS TRANSACTION TO RESULT IN NET CAPITAL GAIN OF ABOUT 640 MILLION EUROS.TRANSACTION TO RESULT IN ESTIMATED POSITIVE IMPACT ON CET 1 (FULLY LOADED) OF BBVA GROUP OF ABOUT 50 BASIS POINTS.  Full Article

Spain may grow below 2.5 pct in 2018 if Catalan situation persists - BBVA
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Spain's BBVA ::Says Spanish economy could grow less than 2.5 percent in 2018 if political uncertainty drags on.Says bank deposits in Catalonia are safe.  Full Article

BBVA expects to issue up to 5.5 bln euros of MREL debt in 2017, 2018
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Spain's BBVA ::Says it expects to issue in 2017 between 1.5 billion-2 billion euros ($1.7 billion-$2.3 billion) of debt under Minimum Requirement for own funds and Eligible Liabilities (MREL) and between 2.5 billion- 3.5 billion in 2018.  Full Article

Spain's BBVA says Catalonia impact on deposits immaterial
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Spain's BBVA ::Says there has been uncertainty among clients due to Catalonia but impact on deposits has not been material.Says uncertainty over Catalonia should not have a "meaningful" impact on any asset disposal plans.Says expects similar net interest income trend in Spain in the second half of 2017 as the first half .Says does not think a break-up of the North American Free Trade Agreement is a real possibility.Says it is optimistic that the Mexican economy will be strong in 2018.  Full Article

BBVA Q3 net profit up at 1.14 bln euros
Friday, 27 Oct 2017 

Oct 27 (Reuters) - BANCO BILBAO VIZCAYA ARGENTARIA SA ::9-MONTH NET INTEREST INCOME 13.20 BILLION EUROS VERSUS 12.67 BILLION EUROS YEAR AGO.Q3 NET PROFIT 1.14 BILLION EUROS VERSUS 965 MILLION EUROS YEAR AGO.SAYS FULLY LOADED CET1 CAPITAL RATIO 11.2 PERCENT AT END-SEPT VERSUS 11 PERCENT AT END-SEPT 2016.9-MONTH NET PROFIT 3.45 BILLION EUROS VERSUS 2.80 BILLION EUROS YEAR AGO.SAYS RETURN ON TANGILBLE EQUITY (ROTE) 10.2 PERCENT AT END-SEPT VERSUS 9.0 PERCENT AT END-SEPT 2016.Q3 NET INTEREST INCOME 4.40 BILLION EUROS VERSUS 4.31 BILLION EUROS YEAR AGO.SAYS BAD LOAN RATIO 4.5 PERCENT AT END-SEPT VERSUS 5.1 PERCENT AT END-SEPT 2016.  Full Article

BBVA to pay cash interim dividend of 0.09 euros/shr
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - BANCO BILBAO VIZCAYA ARGENTARIA SA ::SAID ON WEDNESDAY THE BOARD HAD AGREED TO PAY A CASH INTERIM DIVIDEND OF 0.09 EURO GROSS (0.07 EURO NET) PER SHARE ON ACCOUNT OF THE 2017 DIVIDEND, TO BE PAID ON OCT. 10 .  Full Article

BBVA formalizes merger with Catalunya Banc
Thursday, 1 Sep 2016 

Banco Bilbao Vizcaya Argentaria S.A. :Signs merger agreement, formalizing absorption of Catalunya Banc.  Full Article

Deals of the day-Mergers and acquisitions

Dec 5 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: