Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)
$ 9.43 -0.02 (-0.21%) Market Cap: 54.24 Bil Enterprise Value: 34.03 Bil PE Ratio: 5.40 PB Ratio: 0.97 GF Score: 74/100

Q1 2022 Banco Bilbao Vizcaya Argentaria SA Earnings Call Transcript

Apr 29, 2022 / 07:30AM GMT
Release Date Price: $5.19 (+3.18%)
Patricia Bueno
Banco Bilbao Vizcaya Argentaria, S.A. - Head of Investor Shareholder Relations of Finance

Good morning, and welcome, everyone, to BBVA First Quarter 2022 Results Presentation. Thank you very much for your interest. I'm joined today by Onur Genc, BBVA's Chief Executive Officer; and Rafael Salinas, Group's Chief Financial Officer. As in previous quarters, Onur will start reviewing the group figures followed by Rafa, who will go through the business [IRR] results. Then, we will move straight to the live Q&A session.

Now, I will turn it over to Onur.

Onur Genc
Banco Bilbao Vizcaya Argentaria, S.A. - CEO & Executive Director

Thank you, Patricia. Good morning to everyone. Welcome, and thank you for joining BBVA's First Quarter '22 results audio webcast. Let's jump into it. Starting with Slide #3, outstanding evolution in our view of our results this quarter. On the left-hand side of the slide, you can see our net attributable profit evolution, the highest quarterly recurrent profits ever, reaching EUR 1.651 billion. This is 60%

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