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BUENOS AIRES, Argentina--(BUSINESS WIRE)--Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) (“BBVA Argentina” or “BBVA” or “the Bank”) announced today its consolidated results for the fourth quarter (4Q24), ended on December 31, 2024. As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2023 and 2024 have been updated according to IAS 29 reporting to reflect the a.
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Spanish bank BBVA's hostile takeover bid for smaller rival Sabadell , announced 10 months ago, faces its latest test as soon as March when the competition regulator may announce the results of its review.
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.
Spain's stock market supervisor CNMV will wait for the government's decision and the competition watchdog's review of BBVA's hostile bid for Sabadell before deciding on the potential authorisation of the takeover prospectus, CNMV chief Carlos San Basilio said on Wednesday.
BBVA has increased its target for lending to businesses the Spanish bank considers sustainable to 700 billion euros ($732.7 billion) over the next five years, it said on Monday.
Spanish lender BBVA has hired investment bank Rothschild to sell part of its majority stake in the Crea Madrid Nuevo Norte (Crea MNN) real estate project, newspaper Cinco Dias reported on Friday.
Chief Executive of Spain's Sabadell Cesar Gonzalez-Bueno on Monday said that the remedies proposed by BBVA in its takeover offer were insufficient to address competition concerns.
Banco Sabadell CEO César González-Bueno says BBVA's takeover attempt of its domestic rival is "absolutely not" going to happen.
BBVA shares rose after the bank's results beat expectations, boosted by strong activity in its Spanish home market.