Banco BBVA: Q1 Earnings Snapshot

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco BBVA Argentina S.A. (BBAR) on Wednesday reported first-quarter earnings of $41.7 million.

The Buenos Aires, Argentina-based bank said it had earnings of 20 cents per share.

The financial holding company posted revenue of $1.59 billion in the period. Its revenue net of interest expense was $1.01 billion, exceeding Street forecasts.

Banco BBVA shares have increased 97% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.70, more than doubling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBAR at https://www.zacks.com/ap/BBAR

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up