MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Thursday reported first-quarter profit of $3.5 billion.
The bank, based in Madrid, said it had earnings of 60 cents per share.
The bank posted revenue of $12.47 billion in the period. Its revenue net of interest expense was $12.47 billion, beating Street forecasts.
Banco Bilbao shares have dropped nearly 9% since the beginning of the year. The stock has risen 52% in the last 12 months.
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