Banco Bilbao Vizcaya Argentaria, S.A. (BBVA.MC)
| Previous Close | 9.85 |
| Open | 9.86 |
| Bid | 9.84 x 0 |
| Ask | 9.84 x 0 |
| Day's Range | 9.73 - 9.89 |
| 52 Week Range | 6.06 - 11.27 |
| Volume | |
| Avg. Volume | 15,747,563 |
| Market Cap | 56.711B |
| Beta (5Y Monthly) | 1.48 |
| PE Ratio (TTM) | 7.24 |
| EPS (TTM) | 1.36 |
| Earnings Date | Jul 31, 2024 |
| Forward Dividend & Yield | 0.55 (5.58%) |
| Ex-Dividend Date | Apr 08, 2024 |
| 1y Target Est | 6.82 |
ReutersSpain's Sabadell rejects merger proposal from rival BBVA
The board of Spain's Banco Sabadell on Monday rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, Sabadell said in a statement to the Spanish stock market supervisor. "The board believes that the proposal significantly undervalues the potential of Banco Sabadell and its standalone growth prospects," it said, calling the offer unsolicited. "Furthermore, the recent material decline and volatility in the BBVA share price increases the uncertainty around the value of the proposal," it added.
ReutersSpain's Sabadell rejects BBVA merger proposal
MADRID (Reuters) -Sabadell's board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday. The country's fourth-largest lender by market value said its board believed BBVA's proposal significantly undervalues the potential of Banco Sabadell and its growth prospects, calling the offer unsolicited. On Wednesday, BBVA had offered an exchange ratio of one newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30% over April 29 closing prices.
ZacksWhat Makes Banco Bilbao (BBVA) a New Buy Stock
Banco Bilbao (BBVA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
