HALISTER: BBVA 3Q Net Beats Estimate; Fully Loaded CET1 11%

BBVA 3Q Net Beats Estimate; Fully Loaded CET1 11%

(Bloomberg) -- BBVA 3Q net income EU965m vs est. EU870m.
  • BBVA bad loans ratio 5.1% vs 5.1% in June
  • BBVA CET1 fully-loaded 11% vs 10.7% in June
  • BBVA comments in regulatory filing
  • Conf call at 9:30am CET
    • Webcast link
  • PREVIEW here
  • Related
    • BBVA is trading on 10.3x next year’s earnings vs 10.7x for the Stoxx 600 Banks index according to Bloomberg data
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BBVA SM (Banco Bilbao Vizcaya Argentaria SA)

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UUID: 7947283

HALISTER: Deutsche Bank Posts Unexpected 3Q Profit; CET1 Ratio 11.1%

Deutsche Bank Posts Unexpected 3Q Profit; CET1 Ratio 11.1%

(Bloomberg) -- Deutsche Bank 3Q net income EU256m; est. loss EU394m.
  • CET1 ratio 11.1%; est. 10.9% vs 2Q’s 10.8%; 3Q15’s 11.5%
  • Pretax profit EU619m; est. loss EU379m;
  • Net revenue EU7.49b; est. EU7.19b vs EU7.33b y/y
  • NOTE: Stock down 41% YTD vs SX7P down 17%
  • PREVIEW here
  • Data supplement here
  • Presentation here
  • Live Blog here
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DBK GR (Deutsche Bank AG)

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UUID: 7947283