This head BBVACarlos Torres Villa dividend charging the bank according to 2022 results It will “far exceed” 2021with what 0.31 euros per share, it was the highest cash payment since 2016, including the highest cash and stock payment the organization has made to its shareholders in the last ten years. The bank has already distributed it to its owners 0.12 euros per title last October In addition to your 2022 benefits, 50% more more than 2021. Manager’s announcement second payment will do so in a predictable way early April It will be significantly higher than 0.19 euros.
Banks thus in 2022 reopening of economies after restrictions imposed due to covid raise rate BBVA of central banks to fight inflation earned 4.842 million euros by September, 46.2% more. The final figure for the year will be announced on February 1, but analyst consensus He estimates that he has closed the year with 6.309 million earnings. If so, and given the entity’s commitment to distribute 40% to 50% of its profits to shareholders, april dividend may be between 0.29 and 0.4 euroscompared to 0.23 euros last year.
In an interview with an employee distributed by the business this Monday (an unusual practice that he has repeated for the third year), Torres Villa claimed it was 2022 harder what is existence I guessedbut it happened anyway “very good” for BBVA. He emphasized that this way he gained more. 11 million customers increased its loans and results strongly. In particular, he emphasized its development. Subsidiaries in Mexicothe most important and in the group SpainHighest profit in 12 years (1.312 million by September, 10.2% more). On the other hand, the Turkish unit, which he had to apply for, did not apply to Garanti. hyperinflationary accounting.
little to much
The banker also emphasized that: stock price from the bank + dividends paid will increased by 15% Last year compared to 2% for European banks (7.3%, taking into account stock market development only). Inside last four yearsrevaluation, including dividends 65% In the case of BBVA, 35% in European banks and 5% in Spain. Also by 2023 “attractive and increasing pay”.
Torres Vila thus predicted that the economy could go this year”less to more as uncertainties dissipate”, while claiming to predict growth in “almost all countries” where it has a presence less than 2022. Of course, he warned that the drill that began was a gift. “high uncertainty” due to invasion Ukrainerevival covid in china, trade tensions possible additional increases in world markets and interest rates and greater financial tensions inflation. inside”social inequalityThe effects of inflation may increase to the extent that it is asymmetrical: it affects those who have the least”.
This economic data lately, they admit, they are better than expected. But he insisted “lower your guard”, because “periods of inflation tend to be long-lasting”. To this end, private investment, productivity and education, reforms and financial sustainability. He warned that financial sustainability is always, and even more important in this context, to have a good plan in an environment where debts of countries have increased significantly and interest rates are now rising.