June 28, 2017 2:26 AM ET

Banks

Company Overview of BBVA Compass Bancshares, Inc.

Company Overview

BBVA Compass Bancshares, Inc. operates as a bank holding company for Compass Bank that provides banking services under the BBVA Compass brand. It operates through Consumer and Commercial Banking, Corporate and Investment Banking, and Treasury segments. The company accepts demand and time deposits; savings and money market, personal and commercial checking, and interest-bearing and noninterest-bearing deposit accounts; and certificate of deposits. It also provides home mortgages, credit and debit cards, mutual funds, and brokerage services to individuals; private banking and wealth management services to high net worth individuals, including specialized investment portfolio management, credit...

2200 Post Oak Boulevard

Houston, TX 77056

United States

Founded in 1970

10,336 Employees

Phone:

205-297-3000

Key Executives for BBVA Compass Bancshares, Inc.

Chief Executive Officer
Age: 42
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of Texas Border Region
Chief Executive Officer of East Region Community Banking
Compensation as of Fiscal Year 2016.

BBVA Compass Bancshares, Inc. Key Developments

BBVA Compass Bancshares, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2017; Reports Net Charge Offs for the Quarter Ended March 31, 2017

BBVA Compass Bancshares, Inc. reported unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total interest income of $655,788,000 against $632,762,000 a year ago. Net interest income of $551,433,000 compared to $516,882,000 a year ago. Net interest income after provision for loan losses was $471,294,000 against $403,637,000 a year ago. Net income before income tax expense was $166,669,000 against $64,698,000 a year ago. Net income attributable to the company was $120,380,000 against $38,739,000 a year ago. Return on average tangible equity was 6.28% against 2.07% a year ago. Return on average assets was 0.56% against 0.17% a year ago. For the quarter, the company reported net charge-offs of $84,326,000 against $53,478,000 a year ago.

BBVA Compass Bancshares, Inc. to Report Q1, 2017 Results on Apr 27, 2017

BBVA Compass Bancshares, Inc. announced that they will report Q1, 2017 results at 8:30 AM, Central Daylight on Apr 27, 2017

BBVA Compass Bancshares, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2016

BBVA Compass Bancshares, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income of USD 531,752,000 compared to USD 504,089,000 a year ago. Total revenue was USD 792,805,000 compared to USD 753,496,000 a year ago. Pretax income was USD 140,876,000 compared to USD 111,285,000 a year ago. Net income was USD 89,403,000 compared to USD 91,648,000 a year ago. Net income attributable to the company was USD 88,962,000 compared to USD 91,158,000 a year ago. Return on average assets was 0.40% compared to 0.40% a year ago. Return on average tangible equity was 4.51% compared to 4.85% a year ago. Total interest income of USD 647,026,000 compared to USD 616,981,000 a year ago. Net interest income after provision for loan losses of USD 494,188,000 compared to USD 427,782,000 a year ago. For the year, the company reported net interest income of USD 2,067,681,000 compared to USD 2,012,977,000 a year ago. Total revenue was USD 3,093,913,000 compared to USD 3,018,711,000 a year ago. Pretax income was USD 517,544,000 compared to USD 683,860,000 a year ago. Net income was USD 371,523,000 compared to USD 507,358,000 a year ago. Net income attributable to the company was USD 369,513,000 compared to USD 505,130,000 a year ago. Return on average assets was 0.41% compared to 0.57% a year ago. Return on average tangible equity was 4.82% compared to 7.02% a year ago. For the quarter, the company reported goodwill impairment charges of USD 59,901,000 compared to USD 17,000,000 a year ago. Net charge-offs was USD 61,351,000 against USD 35,756,000 a year ago.

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