• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

BBVA earns 9.066 billion euros through September, up 13.6%, with 22% profitability

FinanceInternationalExpansión35 s readAI summary
Image: Expansión

BBVA posted a record profit of 9.066 billion euros through September, up 13.6%, according to Expansión. Excluding the exchange-rate impact, the increase would be 11.4%. Results are supported by higher revenue, especially net interest income in a rising-rate environment, and by faster growth in the loan book driven by corporate activity, which offsets higher costs and provisions. Return on equity (Rote) closed at 22%, versus 22.2% in June.

In 35 seconds

  • BBVA earned 9.066 billion euros through September, up 13.6%; excluding exchange rates the rise would be 11.4%.
  • Net interest income and faster loan-book growth, driven by corporate business, underpin revenue.
  • Rote closed at 22%, below June's 22.2% but above the 21% target for 2026.
Read the full story at Expansión

IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.

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