MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Thursday reported fourth-quarter profit of $2.6 billion.
The bank, based in Madrid, said it had earnings of 43 cents per share. Earnings, adjusted for non-recurring costs, were 44 cents per share.
The bank posted revenue of $9.94 billion in the period. Its revenue net of interest expense was $9.94 billion, which topped Street forecasts.
For the year, the company reported profit of $10.88 billion, or $1.82 per share. Revenue was reported as $38.4 billion.
Banco Bilbao shares have risen 22% since the beginning of the year. The stock has climbed 35% in the last 12 months.
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