Spain's BBVA said on Tuesday that hyperinflation accounting in its Turkish unit Garanti reduced the group's net attributable profit by 324 million euros ($341 million) in the first quarter. The impact of restating inflation-adjusted numbers from Jan. 1 onwards will be reflected in BBVA's second-quarter results. Following the new accounting, BBVA restated its net profit in the first quarter to 1.326 billion euros.
Dividend payouts are a vital part of the return that investors get from owning stocks over time. Whether you're after large-cap cash cows or small-cap growth s...
Banco Bilbao (BBVA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.