BBVA’s Q3 Results Broadly Match Expectations, Analysts Say
Keefe, Bruyette & Woods analysts say earnings in Spain missed forecasts, while BBVA’s Mexican business was in line with expectations.
BBVA's third-quarter results are broadly as expected, but the drivers of the Spanish bank's performance might seem underwhelming, Keefe, Bruyette & Woods' Hugo Cruz and Ben Maher say in a research note. Earnings in Spain missed forecasts, while its Mexican business was in line with expectations and…