Banco Bilbao Vizcaya Argentaria SA (ADR)

  • Can Banking Growth Still Be Found in America?

    By Phillip Woolgar - August 11, 2013 | Tickers: BBVA, LYG, STT

    When researching banks of which to buy shares, you might be surprised at the potential of financial firms overseas. While I am already invested in Bank of America, and I see major potential in another U.S. bank, much of the growth in the sector will be realized in Europe. In this post, I take a look at one of the few American banks that still has room to grow more »

  • You Should Beware These High-Dividend Payers

    By Federico Zaldua - August 1, 2013 | Tickers: BBVA, SAN, HBC

    Some European banks have been great dividend payers in a zero interest rate world. At current market prices, Spanish banks such as Banco Santander (NYSE: SAN) and Banco Bilbao Vizcaya Argentaria (NYSE: BBVA), mostly known as BBVA, offer 8.5% and 4.6% cash dividend yields, respectively. But are those dividends sustainable? Let's analyze each case separately and offer a viable solution.

    High-dividend champion

    Banco Santander's Chairman, Emilio more »

  • Buy Offshore Banks for Faster Growth and Bigger Gains

    By Ken McGaha - June 19, 2013 | Tickers: BBVA, BSBR, CIB

    With the U.S. economy projected to grow only an anemic 1.9% this year, many developing countries are becoming more dependent on their own quickly growing middle classes to drive economic growth and demand for domestic goods and services.The banking industry almost always benefits greatly from growing economies like these, and investors seeking current income and exceptional growth potential need look no further than our neighbors to the more »

  • 3 European Banks: A Review

    By Vanina Egea - June 11, 2013 | Tickers: BBVA, SAN, UBS

    Stocks of Europe’s biggest banks have outpaced Europe’s most important market indices in the past year. This out-performance happened while the banks were working towards strengthening their balance sheets to abide by newly implemented Basel III rules. Some of these banks have been restructuring their operations by shrinking their workforce and businesses. Spanish banks are fiercely competing for market share in their home country to manage their liquidity more »

  • Banco Santander: An Undervalued Investment Opportunity

    By Matt Smith - May 15, 2013 | Tickers: BBVA, SAN, BNS

    With the advent of the Spanish banking crisis triggered by the collapse of the Spanish property bubble, Banco Santander (NYSE: SAN), Spain´s largest bank, has seen its share price plunge in value by 36% since the crisis began. This sell off was triggered by investor fears over the quality of the bank´s assets and its exposure to the sovereign debt of those nations on the periphery of the more »

  • What Recent Earnings Mean for This Bank Stock

    By Alex Bastardas - May 13, 2013 | Tickers: BBVA, SAN, DB

    Finding a value stock in today's bullish market is not an easy task. Many analysts agree that, while there might be cheap individual stocks out there, there are very few sectors that are deeply undervalued as a whole. One exception would be European banks.

    One of the leading Euro banks, the Spanish banking giant Banco Santander (NYSE: SAN), recently reported its Q1 2013 earnings. What do they mean for more »

  • This Bank Stock Might Be a Bargain at Current Prices

    By Alex Bastardas - March 31, 2013 | Tickers: BBVA, SAN

    Banco Santander (NYSE: SAN) has been used -wrongly- as a proxy for the Eurozone economy since the beginning of the European debt crisis. Once hailed as one of the best banks in the world (and with a stock price in the low-20s), it has now been severely beaten down (its stock price is lower than $7). However, the market seems to ignore that SAN gets less than 20% of its more »

  • The Cyprus Deal and Its Consequences

    By Federico Zaldua - March 27, 2013 | Tickers: BBVA, BNPQY.PK, DB

    In Cyprus, one euro in the bank is not worth one euro in the hand anymore. At least for deposits larger than 100,000 euros. Brussels and Cyprus's authorities have finally arrived at what seems to be a definitive bailout deal. We shall see capital controls to avoid a full-on bank run but, at least, it looks like we have a deal.

    Let's review the main characteristics of more »

  • Eurozone: Mr. Market Needs to Go Crunch Numbers

    By Federico Zaldua - March 21, 2013 | Tickers: BBVA, SAN, UNCFF

    A few days ago I wrote an article making strong criticism on the one-off tax that Cyprus was about to impose on its bank deposits. Nowadays, after the parliament in Cyprus has rejected such tax imposition we are in a grey zone where nobody knows what is going to happen next. My educated guess is that the first day banks open in Cyrpus, regardless of whatever the tax situation might more »

  • Cyprus and Your Banking Shares

    By Federico Zaldua - March 19, 2013 | Tickers: BBVA, SAN, UNCFF

    I have been recommending one European bank as an equity and fixed income investment since the year started. This bank is Spanish based Banco Santander (NYSE: SAN), and I still think the bank is a good long. I believe its huge cash dividend ($0.80 per share or +10%) has great chances of being sustainable, and hence the shares constitute a fair income source. That said, when I recommended Santander more »

  • Europe's Mess Isn't Over, Here Are Some Risky Bank Plays

    By Reuben Brewer - February 11, 2013 | Tickers: BBVA, SAN, IITSF, NBG, UNCFF

    With an ebb in the flow of bad news out of Europe, some commentators and market watchers are calling an end to the continent's woes. It's probably way too soon for that. Either way, however, aggressive investors still have time to get aboard some high-risk turnaround plays.

  • Santander's Dividend Is Sustainable

    By Federico Zaldua - February 7, 2013 | Tickers: BBVA, SAN

    I highly recommend the article on Emilio Botin, the Chairman of Banco Santander (NYSE: SAN), published by the Financial Times last weekend. The article told the story of how Botin made himself into one of the most powerful individuals in Spain and one of Europe's most influential bankers. The article states that the bank is sustaining its huge +9.5% cash dividend (although that represents an expected 2013 116 more »

  • 3 Banks to Embrace

    By Mary Posey - January 2, 2013 | Tickers: BBVA, SAN, RBS

    One lasting result of the recession is the way that consumers now look upon the banking industry.  There is a lot of mistrust now between consumers and the banks.  However, that has not stopped consumers from opening bank accounts or requesting new loans.  Credit did take a big hit during the recession, but that was just a temporary setback and now many banks are recovering nicely.  It is good to more »

  • Sareb: A Well-Kept Spanish Secret

    By Jorge Aura - December 12, 2012 | Tickers: BBVA, SAN, BAC, ING, TEF

    In accordance with the Spanish government, Sareb, or the so-called "Banco Malo," is a banking entity that will manage the toxic credits of Spanish banks in the future. It is envisaged that the Sareb comes into operation before the end of the year with 60,000 million Euros in real estate assets. Currently, this future entity has 2,000 million Euros from private capital. This is a requirement that it more »

  • Building Your Banking Portfolio

    By Federico Zaldua - November 26, 2012 | Tickers: BBVA, SAN, BAC

    Let's review my favorite American banking stock and two Spanish banks. I believe one big and correctly managed US bank, and one of the two stocks I am about to present will give international banking exposure and reasonable yield to your portfolio. By the way, I did not pick Spanish banks only because they seem undervalued - US banks also seemed undervalued in 2008. And yes, I do know that more »

  • Exposing the Real Trading Partners of PIIGS

    By Edgar Ambart - July 11, 2012 | Tickers: BBVA, BAC, C, GS, JPM

    While the media is becoming saturated with the European debt problems, investors are not taking the time to skip all the rhetoric to concentrate on the core fundamentals.  This is where I come in.  I want to know what types of goods are being exported to Germany from the U.S and how much.  I want to know what Italians are buying the most that we are producing.  I also more »

  • Spain is a Long-Term Bet

    By Mary Posey - May 4, 2012 | Tickers: BBVA, EWP, IST

    Despite its current economic position the Spanish market offers potential in long-term value.  Its standing in the international community has taken some blows recently, but Spain is adhering to strict austerity measures in an effort to reign in its budget deficit.  Spain's austerity measures are aimed at corporations as opposed to consumers, which is encouraging to many economists.

    The yield on 10-year government bonds recently climbed to 5.87 more »

  • The Contrarian Case for Investing in Spain

    By Andrés Cardenal - April 17, 2012 | Tickers: BBVA, SAN, EWP, TEF

    “Buy when there is blood in the street.”

    - Baron Rothschild

    No place seems bloodier and more worrisome than Spain right now. Yields on Spanish bonds surpassed the 6% on Monday for the first time since December, in what could be a nasty comeback of the European debt crisis, this time focused on Spain. The 6% rate level is the benchmark usually used for determining if a country has or not more »

  • Catching the Spanish Flu

    By Eric Volkman - January 16, 2012 | Tickers: BBVA, SAN, GRFS, PT, TEF

    Following on the heels of our blog post about the possible fate of French American Depositary Receipts, we're turning our attention to the ADRs of Spanish and Portuguese companies. All three countries (plus six other European nations) had their sovereign debt downgraded by Standard & Poor's last week, with Portugal being particularly hard hit -- its paper was downgraded to junk status.

    The question this situation usually brings up is more »