Banco BBVA: Q2 Earnings Snapshot

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco BBVA Argentina S.A. (BBAR) on Wednesday reported second-quarter profit of $125.4 million.

The bank, based in Buenos Aires, Argentina, said it had earnings of 61 cents per share.

The financial holding company posted revenue of $1.23 billion in the period. Its revenue net of interest expense was $892.1 million, which beat Street forecasts.

Banco BBVA shares have increased 85% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.05, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBAR at https://www.zacks.com/ap/BBAR