BBVA (BBVA SM) is reportedly looking to sell around EUR 380mln in spoiled mortgages, according to Bloomberg citing a sale document
Newsquawk Staff ·
BBVA (BBVA SM) is reportedly looking to sell around EUR 380mln in spoiled mortgages, according to Bloomberg citing a sale document.
What it means
BBVA's move to sell approximately EUR 380 million in spoiled mortgages signals an effort to clean its balance sheet and enhance capital efficiency. This could be a strategic step to manage risk and potentially improve investor sentiment, especially in a fluctuating market environment. Keep an eye on how this impacts BBVA's valuation against its peers and the broader banking sector outlook in Europe.
Sources
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings
- US Midterms Cheat Sheet for Traders
- Ferrari (RACE IM) CEO says they are very satisfied with Luce EV, with no critical issues on the production or demand side; Co. is working on next EV models
- US BROKER MOVES: BE upgraded at Barclays; MRVL downgraded at TD Cowen
- Intesa Sanpaolo (ISP IM) Q3 2026 (EUR): Revenue 6.92bln (exp. 7bln), Net Income 2.54bln (exp. 2.50bln), NII 3.89bln (exp. 3.9bln); announces interim dividends of EUR 3.8bln
Related headlines
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings5 days ago
- US Midterms: Senate, Governor and PUC indicative timings5 days ago
- Newsquawk US Daily Equity Opening News - AAPL falls on margin outlook; PLTR falls as US commercial growth slows5 days ago
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms5 days ago
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)5 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-165 days ago
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources5 days ago
- Sources close to the White House report a divisiveness in the Trump administration's approach to Iran, reports ILNA5 days ago
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago
- US Energy Secretary Wright says overnight strikes on Iran's Qeshm Island have not impacted oil flows; more refined products are coming out of the Arabian Gulf and more will come from India5 days ago
- US President Trump says they have total control of the Middle East. Israel has been a helper.5 days ago
- Melania Trump will reportedly convene Russia and Ukraine representatives at the White House; will deliver remarks on the Oleshky ceasefire on Thursday5 days ago
- Lufthansa (LHA GY) and the Portuguese government sign agreement for acquisition of a minority stake in Tap Air Portugal, with the deal valued at EUR 1.2bln5 days ago
- Ferrari (RACE IM) Q3 2026 (EUR): Revenue 1.9bln (exp. 1.89bln), EPS 2.44 (exp. 2.38); raises FY26 EPS to "more than" 9.85 (exp. 9.93, prev. "more than" 9.68)5 days ago