Banco Bilbao Vizcaya Argentaria Reported Q2 Net Interest Income Of €6.48B, Gross Income Of €9.23B, Adj EPS Loss Of €(0.47)
Portfolio Pulse from Benzinga Newsdesk
Banco Bilbao Vizcaya Argentaria (BBVA) reported its Q2 financial results, showing a net interest income of €6.48 billion, gross income of €9.23 billion, and an adjusted EPS loss of €(0.47).
July 31, 2024 | 7:07 am
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BBVA reported Q2 net interest income of €6.48 billion, gross income of €9.23 billion, and an adjusted EPS loss of €(0.47). The adjusted EPS loss may concern investors, potentially leading to short-term downward pressure on the stock.
The reported adjusted EPS loss of €(0.47) is a negative indicator for investors, which could lead to a short-term decline in BBVA's stock price. However, the strong net interest and gross income figures may mitigate some of the negative sentiment.
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