The group released a strong set of results at a pre-provisions level. On the other hand, the cost of risk increased markedly. Nothing worrying at this stage, but this could reflect that growth has been partly achieved through increased risk-taking. Management’s expectations of capital generation this year is reassuring, even if the guidance range is wide.
01 Feb 2019
Increased risk-taking ?
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Increased risk-taking ?
Banco Bilbao Vizcaya Argentaria, S.A. (BVA:LON) | 1,025 0 0.0% | Mkt Cap: 59,839m
- Published:
01 Feb 2019 -
Author:
David Grinsztajn -
Pages:
2
The group released a strong set of results at a pre-provisions level. On the other hand, the cost of risk increased markedly. Nothing worrying at this stage, but this could reflect that growth has been partly achieved through increased risk-taking. Management’s expectations of capital generation this year is reassuring, even if the guidance range is wide.