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

Q2 2022 Banco Bilbao Vizcaya Argentaria SA Earnings Call Transcript

Jul 29, 2022 / 07:30AM GMT
Release Date Price: $4.54 (+6.07%)
Patricia Bueno
Banco Bilbao Vizcaya Argentaria, S.A. - Head of Investor Shareholder Relations of Finance

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

And 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 us. So let me jump into it. Start with slide number 3. Before going into the details of the presentation, as you know, we announced a few weeks ago that we are applying IAS 29, which is hyperinflationary accounting in Turkey, in our business in Turkey, starting from January 1, 2022. So all the results that you would be seeing from this date show

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