BBVA Stock Summary and Trading Ideas (Bbva | NYSE:BBVA)

Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.

Bbva trades on the NYSE stock market under the symbol BBVA.

As of April 17, 2024, BBVA stock price climbed to $10.83 with 884,015 million shares trading.

BBVA has a beta of 1.00, meaning it tends to be less sensitive to market movements. BBVA has a correlation of 0.22 to the broad based SPY ETF.

BBVA has a market cap of $62.42 billion. This is considered a Large Cap stock.

In the last 3 years, BBVA stock traded as high as $12.20 and as low as $3.93.

The top ETF exchange traded funds that BBVA belongs to (by Net Assets): DFIC, DFIV, AVDE, DFAI, DFAX.

BBVA has outperformed the market in the last year with a return of +51.5%, while the SPY ETF gained +23.0%. In the last 3 month period, BBVA beat the market returning +28.0%, while SPY returned +5.7%. However, in the most recent 2 weeks BBVA has underperformed the stock market by returning -4.7%, while SPY returned -3.5%.

BBVA support price is $10.32 and resistance is $10.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBVA stock will trade within this expected range on the day.