MADRID/LONDON (Reuters) -Spanish bank Sabadell has lined up advisers to assess its options after rival BBVA unveiled a 12 billion euro ($12.83 billion) takeover offer, sources said on Thursday, as shares in Sabadell extended gains on the proposed deal. BBVA said this week that it had approached its smaller rival with an all-share offer, nearly four years after previous talks on a merger between Spain's second and fourth-largest lenders collapsed. The deal would create a Spanish bank with assets of nearly 1 trillion euros and a market value rivalling Santander, as well as helping BBVA diversify away from emerging markets like Mexico.
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Q1 2024 Earnings Call Transcript April 29, 2024 Banco Bilbao Vizcaya Argentaria, S.A. beats earnings expectations. Reported EPS is $0.4, expectations were $0.35. Banco Bilbao Vizcaya Argentaria, S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details […]
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