BBVA posts forecast-beating net profit of $2.04 billion thanks to strong net interest income

BBVA posts forecast-beating net profit of $2.04 billion thanks to strong net interest income

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Banco Bilbao Vizcaya Argentaria SA said Thursday that net profit rose in the first quarter, beating consensus expectations, as higher rates boosted net interest income. The Spanish bank BBVA ES:BBVA said net profit was 1.85 billion euros ($2.04 billion) compared with EUR1.325 billion in the…

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