BBVA's Q1 net profit rises 10.8% from a year ago

BBVA said first-quarter net profit rose 10.8% year over year, driven by a solid performance in Mexico. The result points to healthy underlying fundamentals and emerging markets exposure supporting earnings. The update is positive for the stock but likely limited in broader market impact.

Analysis

BBVA said first-quarter net profit rose 10.8% year over year, driven by a solid performance in Mexico. The result points to healthy underlying fundamentals and emerging markets exposure supporting earnings. The update is positive for the stock but likely limited in broader market impact.