|Bid||5.77 x 43500|
|Ask||5.78 x 42300|
|Day's range||5.74 - 5.83|
|52-week range||3.93 - 6.97|
|Beta (5Y monthly)||1.61|
|PE ratio (TTM)||5.78|
|Forward dividend & yield||0.46 (7.78%)|
|Ex-dividend date||07 Oct 2022|
|1y target est||7.99|
Does Banco Bilbao (BBVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?
Higher loan-loss provisions at Spain's BBVA and a rise in costs in some emerging markets overshadowed higher than expected third-quarter earnings, sending its shares lower on Friday. Higher lending income and profits in Mexico, its main market, helped the country's second-biggest lender by market value to post a 31% rise in quarterly net profit to 1.84 billion euros ($1.83 billion), above the 1.55 billion forecasts by analysts in a Reuters poll. Loan-loss provisions rose 51% year-on-year to 940 million euros, at a time when lenders are globally setting aside more cash against a potential deterioration of the macroeconomic environment.