BBVA posts record 2022 profit on Mexico, sees positive trends in main market
Yahoo! Finance
BBVA on Wednesday posted a 38% jump in net profit to a record 6.42 billion euros ($6.98 billion) for 2022 powered by a double-digit increase in lending income and a strong performance in Mexico, a trend the bank expects to continue this year. Net profit in the fourth quarter at Spain's second-biggest lender by market value rose 17.6% to 1.58 billion euros. Like larger rival Santander, BBVA has been expanding in emerging economies where it has seen greater opportunities for growth as it struggl...
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