NEW YORK, August 3, 2016 /PRNewswire/ --
Today's research brings us back to the Financials sector, which has shown some improvements since the start of this year. Stock-Callers.com looks at how these four Foreign Regional Banking stocks have been performing in the last few trading sessions: Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA), Banco Santander (Brazil) S.A. (NYSE: BSBR), Grupo Financiero Santander Mexico S.A.B. de C.V. (NYSE: BSMX), and Mizuho Financial Group Inc. (NYSE: MFG). You can access of our complimentary research reports on these stocks now at:
Banco Bilbao Vizcaya Argentaria
At the close on Tuesday, shares in Bilbao, Spain headquartered Banco Bilbao Vizcaya Argentaria S.A. saw a drop of 3.23%, ending the day at $5.40. The stock recorded a trading volume of 4.51 million shares, which was above its three months average volume of 3.17 million shares. The Company's shares are trading below their 50-day moving average by 8.66%. Moreover, shares of the company, which together with its subsidiaries, engages in the retail banking, wholesale banking, asset management, and private banking businesses primarily in Spain, Mexico, South America, the US, and Turkey, have a Relative Strength Index (RSI) of 39.49.
On July 29th, 2016, BBVA reported net income of $123 million for Q2 2016 compared to net income of $140 million for Q2 2015. Return on average assets and return on average tangible equity for Q2 2016 were 0.53% and 6.45%, respectively. The company also stated that noninterest income for the quarter totaled $257 million, a decrease of 2% compared to $261 million recorded in Q2 2015. Visit us today and download your complete report on BBVA for free at:
Shares in Sao Paulo, Brazil headquartered Banco Santander ended the day 1.30% lower at $6.07. A total volume of 1.35 million shares was traded, which was higher than their three months average volume of 1.31 million shares. In the last month and the previous three months, the stock has gained 7.70% and 22.10%, respectively. Additionally, the Company's shares have advanced 66.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.81% and 39.86%, respectively. Furthermore, shares of Banco Santander, which provides banking products and services in Brazil and internationally, have an RSI of 58.81.
On July 27th, 2016, Banco Santander announced consolidated earnings results for Q2 2016. For the quarter, the company reported net interest income of BRL 7,808 million, against net interest income of BRL 7,480 million in the year ago period. The company reported operating income of BRL 2,190 million as compared to operating income of BRL 1,938 million in Q2 2015. The company posted net profit of BRL 1,806 million for Q2 2016 against net profit of BRL 1,675 million in the year ago quarter. The complimentary research report on BSBR can be accessed at:
Grupo Financiero Santander Mexico
On Tuesday, shares in Mexico City, Mexico headquartered Grupo Financiero Santander Mexico S.A.B. de C.V. finished 0.78% higher at $9.10 and with a total volume of 1.13 million shares traded. The stock has advanced 6.07% over the previous three months and 6.93% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.46% and 6.69%, respectively. Additionally, shares of Grupo Financiero Santander Mexico have an RSI of 47.53.
On July 27th, 2016, the company reported net income for Q2 2016 of Ps. 3,708 million, representing a y-o-y and q-o-q increases of 14.5% and 4.8%, respectively. The company stated that its loan book grew 15% y-o-y, driven by a 17% rise in commercial loans while retail loans expanded 12%. Register for free on Stock-Callers.com and download the PDF research report on BSMX at:
Mizuho Financial Group
Tokyo, Japan headquartered Mizuho Financial Group Inc.'s stock recorded a trading volume of 285,681 shares at the end of yesterday's session and closed the day at $3.20, declining 2.44%. The stock has advanced 12.68% in the last one month and 7.38% in the previous three months. The Company's shares are trading above their 50-day moving average by 5.97%. Additionally, shares of Mizuho Financial Group, which engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania excluding Japan, have an RSI at 60.24.
On July 26th, 2016, Mizuho Americas, an integral part of the Mizuho Financial Group, announced the hiring of Simon Male to lead the Asia ex-Japan sales effort from its New York office. Simon brings more than twenty-five years of experience in Asian equities markets, and prior to Mizuho, Simon served as Head of Asian Equity Sales for Auerbach Grayson and spent twelve years at BNP Paribas. Get free access to your research report on MFG at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: email@example.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA