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Banco Bilbao Vizcaya Argentaria (XTER:BOY) FFO


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What is Banco Bilbao Vizcaya Argentaria FFO?

FFO (Funds from operations) only applies to REITs.


Banco Bilbao Vizcaya Argentaria Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.