Sep 20, 2023 / 07:45AM GMT
Antonio Reale - BofA Securities, Research Division - Director & Head of Southern European Banks Equity Research
Thank you, everyone, for taking the time to join us for this second session of the day. And I'm very pleased to be joined today by Onur Genc, CEO of BBVA. Onur, thank you very much for taking the time.
Questions and Answers:
Antonio Reale - BofA Securities, Research Division - Director & Head of Southern European Banks Equity ResearchWe've developed -- we can talk about, we'll use the same template. I'll start covering some of the main topics and hopefully, we'll leave enough time to 10, 15 minutes to sort of make sure you have the opportunity to ask your own questions. Onur, maybe we can start by sort of looking at sort of the sector in Johan, we see banks still trading multiples that suggest the market is still questioning some of the sustainability of those earnings beats that we've seen so far. You posted a 17% ROTE in the first half, and you anticipated that this metric is going to remain in the high teens also in 2024. Maybe it's
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