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BBVA's Q2 net profit falls 2% from same period a year ago

BBVA's Q2 net profit falls 2% from same period a year ago

Reuters4 days ago
MADRID, July 31 (Reuters) - Spain's BBVA (BBVA.MC), opens new tab on Thursday said its second quarter net profit fell 2% compared to the same period in 2024 as lower interest rates squeezed lending income.
The bank booked a net profit of 2.75 billion euros ($3.14 billion) in the April to June period, compared to 2.79 billion euros in the same period last year.
Analysts polled by Reuters expected a net profit of 2.37 billion euros.
($1 = 0.8747 euros)
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