BBVA Posts Q4 Loss

Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA) swung to a fourth-quarter loss.

BBVA posted a quarterly net loss of EUR139 million, versus a year-ago profit of EUR939 million. BBVA's net interest income climbed 11% to EUR3.49 billion, versus analysts' estimates of EUR3.29 billion.

BBVA's full-year net profit dropped to EUR3 billion, versus EUR4.61 billion in 2010.

BBVA shares gained 2.17% to close at $8.95 yesterday.