Company Overview of BBVA Compass Bancshares, Inc.
BBVA Compass Bancshares, Inc. operates as the holding company for Compass Bank that provides banking services under the BBVA Compass name. It operates through Wealth and Retail Banking, Commercial Banking, Corporate and Investment Banking, and Treasury segments. The company offers receiving demand and time deposits, personal and commercial checking accounts, interest and noninterest-bearing demand deposits, savings and money market deposits, certificates of deposit, and other time deposits. It provides home mortgages, credit and debit cards, deposit accounts, insurance products, mutual funds, and brokerage services to individuals; private banking services to high net worth individuals; and w...
2200 Post Oak Boulevard
Houston, TX 77056
Founded in 1970
Key Executives for BBVA Compass Bancshares, Inc.
Chairman, Chief Executive Officer, President, Chief Executive Officer of Compass Bank and President of Compass Bank
Chief Executive Officer of Texas Border Region
Market President of Loan Production Office In Columbus for BBVA Compass
Compensation as of Fiscal Year 2015.
BBVA Compass Bancshares, Inc. Key Developments
BBVA Compass Bancshares Inc. Opens New Software Development Center
May 21 15
BBVA Compass Bancshares Inc. opened a new software development center, in an effort to transform itself into a digital bank. BBVA Compass, unit of Banco Bilbao Vizcaya Argentaria SA, renovated the top floor of an operations center in Birmingham, Ala., converting it into a technology hub costing $13.5 million, along with moving some of its developers into a startup incubator, and forming plans to open its programs to innovative startups. The bank relocated 10 of its developers into a startup incubator, called Innovation Depot, in Birmingham where they are conducting innovation prototyping.
BBVA Compass Bancshares Inc. Announces Executive Changes
May 20 15
BBVA Compass Bancshares Inc. appointed Jonathan Pennington as corporate controller. Pennington, director of line of business controllers and special projects at the bank for almost two years, will be replacing Kirk Pressley, who has been named CFO.
BBVA Compass Bancshares, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge Offs for the First Quarter of 2015
Apr 29 15
BBVA Compass Bancshares, Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income attributable to shareholder of $141 million a 23% increase compared to $114 million earned during the first quarter of 2014. Net interest income was $509.029 million compared to $495.299 million a year ago. Total revenue was $728.016 million compared to $698.651 million a year ago. Pretax income was $193.549 million compared to $158.494 million a year ago. Net income was $141.767 million compared to $114.927 million a year ago. Return on average assets was 0.68% compared to 0.64% a year ago. Return on average tangible equity was 8.25% compared to 7.18% a year ago.
For the first quarter of 2015, the company reported net charge-offs of $25.208 million compared to $30.320 million a year ago.
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