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
BBVA Compass Bancshares, Inc. to Report Q3, 2015 Results on Oct 30, 2015
Oct 30 15
BBVA Compass Bancshares, Inc. announced that they will report Q3, 2015 results on Oct 30, 2015
BBVA Compass Bancshares, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Reports Net-Charge-Offs for the Third Quarter Ended September 30, 2015
Oct 30 15
BBVA Compass Bancshares, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net interest income of $507,867,000 compared to $481,968,000 a year ago. Total revenue was $734,507,000 compared to $698,546,000 a year ago. Pretax income was $175,842,000 compared to $171,388,000 a year ago. Net income attributable to shareholders was $125,241,000 compared to $142,803,000 a year ago. Return on average assets was of 0.56% compared to 0.73% a year ago. Return on average tangible equity was 6.96% against 8.48% a year ago.
For the nine months, the company reported net interest income of $1,508,878,000 compared to $1,476,041,000 a year ago. Total revenue was $2,189,244,000 compared to $2,109,952,000 a year ago. Pretax income was $554,157,000 compared to $473,587,000 a year ago. Net income attributable to shareholders was $402,411,000 compared to $364,348,000 a year ago. Return on average assets was of 0.62% compared to 0.65% a year ago. Return on average tangible equity was 7.64% against 7.41% a year ago.
For the quarter, the company reported net-charge-offs of $208,500 against $22,751 a year ago.
BBVA Compass Bancshares, Inc. Appoints Jeff Daniel as a Market President in Alabama
Oct 26 15
BBVA Compass Bancshares, Inc. appointed Jeff Daniel as its Quad Cities market president in Alabama. Jeff Daniel is appointed to lead the bank's business efforts in the Florence-Muscle Shoals metropolitan area. Daniel will be responsible for the bank's commercial and consumer banking business development and relationship management activities in the area, helping the bank capitalize on a resurgent market. Daniel has more than three decades of banking experience, spending the majority of his career at SunTrust Banks Inc., where he most recently served as its Tennessee Valley market president.