BBVA Compass Bancshares, Inc. - Fitch Research

BBVA Compass Bancshares, Inc.

BBVA Compass Bancshares, Inc. - Fitch Research
BBVA Compass Bancshares, Inc.
Published Jun 28, 2018
16 pages (10322 words) — Published Jun 28, 2018
Price US$ 550.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...IDR Reflects Ownership: BBVA Compass Bancshares, Inc. (BBVAC) is a wholly owned subsidiary of Banco Bilbao Vizcaya Argentaria (BBVA), rated `A¡/F2' by Fitch Ratings. BBVAC's Issuer Default Rating (IDR) is notched one below that of its parent and accounts for approximately 14% of consolidated parent income. Earnings Performance Lags Peers: Fitch notes that BBVAC's earnings performance continues to lag that of the large regional bank peer group and is considered a key Viability Rating constraint. Historically, cost of deposits has driven some of the weakness in performance, but BBVAC's net interest margin (NIM) has converged with the peer average. BBVAC's ROA improved in first-quarter 2018 to 96 bps, and sustained earnings performance could result in upwards rating pressure. Good Capital Profile: The capital profile remains good, with an estimated CET1 under Basel III of 11.8% on a transitional basis at YE17. This represents an increase of approximately 30 bps over the prior year. This is...

  
Report Type:

Full Rating Report

Company(ies)
Banco Provincial SA Banco Universal , BBVA MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO BBVA MEXICO , BBVA Colombia SA , Banco BBVA Argentina S.A. , BBVA USA Bancshares Inc , BBVA USA , Banco Bilbao Vizcaya Argentaria S.A. , TexasBanc Capital Trust I , Banco BBVA Peru SA , Scotiabank Azul SA , BBVA SENIOR FINANCE SA , BBVA U.S. Senior SAU , BBVA Subordinated Capital, S.A. Unipersonal , BBVA International Preferred, S.A. , BBVA Seguros de Vida Colombia S.A. , BBVA Seguros Colombia Cia de Seguros SA , BBVA SEGUROS MEXICO, S.A. DE C.V., GRUPO FINANCIERO BBVA MEXICO , PENSIONES BBVA BANCOMER SA DE CV GRUPO FINANCIERO BBVA BANCO , BBVA Seguros Salud México, S.A. de C.V.
Ticker(s)
BBVA , BGA , BHIF , BPV , CONTINC1 , FRAN
Issuer
Seguros BBVA Bancomer, S.A. de C.V., Grupo Financiero BBVA Bancomer
Format:
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Cite this Report

  
MLA:
Fitch Research. "BBVA Compass Bancshares, Inc." Jun 28, 2018. Alacra Store. May 11, 2025. <http://www.alacrastore.com/fitch-credit-research/BBVA-Compass-Bancshares-Inc-920259_report_frame>
  
APA:
Fitch Research. (). BBVA Compass Bancshares, Inc. Jun 28, 2018. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/fitch-credit-research/BBVA-Compass-Bancshares-Inc-920259_report_frame>
  
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