Banco Bilbao Vizcaya Argentaria (BBVA) Set to Announce Quarterly Earnings on Monday

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, April 29th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. On average, analysts expect Banco Bilbao Vizcaya Argentaria to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock opened at $10.79 on Monday. The company has a market capitalization of $64.37 billion, a P/E ratio of 7.76, a PEG ratio of 0.55 and a beta of 1.33. Banco Bilbao Vizcaya Argentaria has a twelve month low of $6.47 and a twelve month high of $12.20. The business has a 50 day simple moving average of $10.86 and a 200-day simple moving average of $9.53. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th will be issued a $0.1695 dividend. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 49.64%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Large investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 124.8% during the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock worth $39,000 after purchasing an additional 3,808 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.9% during the third quarter. Tower Research Capital LLC TRC now owns 11,037 shares of the bank’s stock worth $49,000 after purchasing an additional 6,040 shares during the period. Savant Capital LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $58,000. Gamco Investors INC. ET AL acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $68,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter worth $72,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Barclays downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus 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.