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BBVA USA Reports First Quarter 2021 Results

BBVA USA Reports First Quarter 2021 Results News provided by Share this article Share this article HOUSTON, April 30, 2021 /PRNewswire/ BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today net income of $385 million for the first quarter of 2021 compared to net income of $334 million in the fourth quarter of 2020 and net loss of $2.2 billion in the first quarter of 2020. Return on average assets and return on average tangible equity 1 for the first quarter of 2021 were 1.49 percent and 16.57 percent, respectively. During the first quarter we delivered solid results while continuing to successfully navigate the challenges to our customers, communities and our employees brought about by the COVID-19 pandemic, said Javier Rodríguez Soler, president and CEO of BBVA USA. Momentum continued in the quarter highlighted by stable revenue and well-contained expenses. At the same time, we continue to maintain strong liquidity and capital posi

United statesNew mexicoJavier rodrExchange commissionCompany annual report on formUnited states bancshares incSmall business administrationStates bancsharesSouth americaSunbelt regionPrivate securities litigation reform actAnnual reportMonths ended marchTaxable equivalent basisOperating incomeTangible shareholder

BBVA Research publishes Employment Watch: Strong job creation backed by vaccination, reopenings and massive fiscal support

Share this article HOUSTON, April 7, 2021 /PRNewswire/ According to the latest economic analysis published by the BBVA Research team, March s unemployment figures remain stubbornly high despite strong increases in employment, dropping to 6 percent for the month. Nonfarm payrolls rose by 916,000 in March, a significant increase compared to recent months and the largest since August 2020. The increase reflects large contributions from leisure and hospitality, government, construction, education and healthcare services. The employment situation was also boosted by upward revisions to January and February reports of 67,000 and 89,000 respectively, according to the analysis co-authored by BBVA Chief Economist The vast majority of sectors saw moderate employment growth and any decreases were comparably negligible. Nearly 70 percent of the increase in total nonfarm payroll was shared between leisure and hospitality, government, construction, and education and healthcare services.

United statesNew mexicoMarcial navaNathaniel karpEconomic researchSmall business administrationFederal reservePrincipal economistAmerican rescue planSouth americaSunbelt regionஒன்றுபட்டது மாநிலங்களில்புதியது மெக்ஸிகோதிருமண நவநத்யாநியல் கார்ப்பொருளாதார ஆராய்ச்சி

BBVA USA hosts third Financial Education Forum, releases first impact report

Press release content from PR Newswire. The AP news staff was not involved in its creation. BBVA USA hosts third Financial Education Forum, releases first impact report April 5, 2021 GMT BBVA s new logo (PRNewsfoto/BBVA) HOUSTON, April 5, 2021 /PRNewswire/ As part of its ongoing commitment to financial education, BBVA USA hosted its third annual Financial Education Forum, a virtual event designed to provide insight on the state of financial health in the U.S. This year’s event featured a presentation of Financial Health Pulse 2020 U.S. Trends, which provides an ongoing snapshot of the financial lives of people in America.

United statesNew mexicoTony moragaUs financial health networkSmall business administrationFinancial health pulseFinancial education forumFinancial health networkFinancial educationUrban instituteHealth networkBlack americansSocial impactSouth americaSunbelt regionNorth america

A car, some jewelry, and a piece of cryptocurrency: the federal government is auctioning bitcoin

A car, some jewelry, and a piece of cryptocurrency: the federal government is auctioning bitcoin
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United statesEmily murphyLex sokolinMeltem demirorsKevin kernsAngela walchJoe bidenMary university school of lawUs marshals serviceServices administrationWashington postCentre for blockchain technologiesActing regional administrator kevin kernsSunbelt regionSilk roadUniversity school

BBVA Research publishes economic analysis: Solid employment figures show the recovery is on track

BBVA Research publishes economic analysis: Solid employment figures show the recovery is on track
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United statesNew mexicoMarcial navaNathaniel karpEconomic researchSmall business administrationFederal reservePrincipal economistSouth americaSunbelt regionஒன்றுபட்டது மாநிலங்களில்புதியது மெக்ஸிகோதிருமண நவநத்யாநியல் கார்ப்பொருளாதார ஆராய்ச்சிகூட்டாட்சியின் இருப்பு