The BBVA share
Number of shareholders
Number of shares issued
Quarter daily average number of shares traded
Quarter daily average trading (million euros)
Maximum price in the quarter (euros)
Minimum price in the quarter (euros)
Closing price for the quarter (euros)
Book value per share (euros)
Tangible book value per share (euros) (1)
Market capitalization (million euros)
(1) Net of goodwill.
Share performance ratios
Price/Book value (times)
Price/Tangible book value (times) (1)
PER (Price/Earnings; times) (2)
Yield (Dividend/Price; %) (3)
(1) Net of goodwill.
(2) The 31-3-10 P/E is calculated taking into consideration the median of the analysts' estimates (April 2010).
(3) Dividend yield at 31-3-10 is calculated taking into consideration the median of analysts' estimates (April 2010).
basically penalized by investor’s concern regarding the
macroeconomic situation in Spain. The BBVA share
price fell 20.4% in the first three months of the year
and varied between €13.27 and €9.26, closing on
March 31, 2010 at €10.13, with a market
capitalization of €37,967 million. At that closing price,
the price-earnings ratio (P/E, calculated on the median
earnings for 2010 estimated by analysts) was 7.7,
31-03-10 31-12-09
30-09-09
30-06-09
31-03-09
compared to 11.3 in December 2009 (calculated on the
price and earnings at the close of 2009). At the same
time the price/tangible book value ratio in March 2010
was 1.6, compared with 2.0 at the end of 2009. For
2010, analysts estimate a dividend yield of 4.5%
(calculated as their estimate of the median dividend per
share at the share price on March 31, 2010).
With regards to the average daily volume of shares
traded in January to March 2010, the BBVA share
continued to be highly liquid, with 49 million shares
traded, slightly below the figure for the previous
quarter, although the fall in the share price has led to a
reduction of the average value traded, at €535 million.
With regard to shareholder remuneration, on April
12, 2010 a supplementary dividend of €0.15 per share
was paid for 2009 and approved by the AGM on
March 12. This puts the total shareholder
remuneration for 2009 at €0.42 per share, at a time
when other banks have lowered or even suspended
dividend payments.
887,252 884,373 896,433 923,005 919,195
3,747,969,121 3,747,969,121 3,747,969,121 3,747,969,121 3,747,969,121
49,389,086 51,014,696 50,638,534 48,989,582 58,814,357
535 631 535 399 399
13.27 13.28 12.83 9.10 9.33
9.26 11.39 8.51 5.88 4.45
10.13 12.73 12.13 8.94 6.11
7.95 7.83 8.00 7.84 7.40
6.41 6.27 6.17 5.88 5.36
37,967 47,712 45,463 33,507 22,900
31-03-10 31-12-09
30-09-09
30-06-09
31-03-09
1.3 1.6 1.5 1.1 0.8
1.6 2.0 2.0 1.5 1.1
7.7 11.3 10.8 8.0 5.4
4.5 3.3 3.5 4.7 6.9
| 1Q10 |
23
To view a Ceros magazine you need to have JavaScript enabled in your browser and have the flash player 8 or higher installed. To install the latest flash player, click the icon above, install the flash plugin and then click here to refresh this page.