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RSS FeedsResults: BBVA earns EUR1.2 billion in first quarter (+69%)
(WorldNews Spain)

 
 

27 april 2017 08:57:38

 
Results: BBVA earns EUR1.2 billion in first quarter (+69%)
(WorldNews Spain)
 


- Income: Recurring revenues and NTI results drove gross income up by double-digit y-o-y rates (+10.3%, +15% in constant terms). This, combined with cost containment efforts, helped to further improve the efficiency ratio below 50% -Risks: The Group`s NPL ratio stood at 4.8% at the end of the quarter, compared to 4.9% in December; coverage increased slightly to 71% -Capital: BBVA achieved a fully-loaded CET1 ratio of 11.01%, in line with the goal for 2017, gaining 11 basis points in the quarter -Transformation: As of the end of March, BBVA`s digital customer base came to 19.3 million (+20% y-o-y). Of these, 13.5 million were mobile customers (+41%) LIVE 12:00 p.m. Result Presentation 1Q2017...


 
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