0628 GMT - BBVA reported decent results and better-than-expected earnings with small beats across the board, Keefe, Bruyette & Woods says in a research note after the Spanish lender's first-quarter results. "Shares have outperformed the [Euro Stoxx Banks] index by 3% over the last moth but we think that these results should be well received," analysts Hugo Cruz and Ben Maher write. They point to the acceleration of loan growth and improvement of asset quality in the print, while adding that the guidance for the year is apparently unchanged. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 02:28 ET (06:28 GMT)
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