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. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 31 15
BBVA Compass Bancshares, Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net interest income of $491.982 million compared to $498.771 million a year ago. Total revenue was of $726.721 million compared to $712.755 million a year ago. Pretax income was of $184.766 million compared to $143.705 million a year ago. Net income attributable to shareholders was of $136.060 million compared to $107.071 million a year ago. Return on average assets was of 0.62% compared to 0.57% a year ago. Total interest income was $601.716 million compared to $576.392 million a year ago.
For six months, the company reported net interest income of $1,001.011 million compared to $994.073 million a year ago. Total revenue was of $1,454.737 million compared to $1,411.406 million a year ago. Pretax income was of $378.315 million compared to $302.199 million a year ago. Net income attributable to shareholders was of $277.170 million compared to $221.545 million a year ago. Return on average assets was of 0.65% compared to 0.60% a year ago.
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.
Similar Private Companies By Industry
Recent Private Companies Transactions