BBVA Posts Q4 Loss

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Banco Bilbao Vizcaya Argentaria SA
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.
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Posted In: EarningsNewsEarnings
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