BBVA's net profit declines by 12% on currency erosion

Article Abstract:

Banco Bilbao Vizcaya Argentaria S.A. posted a fall of 12% in its 2003 first quarter net profits. The bank, hurt by the drop in Latin American currencies, posted 514 million euros in net profits for the period.

Spain, Banco Bilbao Vizcaya Argentaria S.A.

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First-quarter net rose 7.5%; charge hurt comparable period

Article Abstract:

SunTrust Banks Inc. posted an increase of 7.5% in its net income for the 2003 period. The company posted $327.8 million in net income for the quarter.

United States, SunTrust Banks Inc., STI

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Subjects list: Banking industry, Finance, Company sales and earnings, Company earnings/profit
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