Stock Track | BBVA Soars 10.30% Post-Market on Strong Q4 Earnings and Record Profits

Stock Track02-06

Banco Bilbao Vizcaya Argentaria SA (BBVA) experienced a significant price increase of 10.30% in post-market trading on Thursday. The surge followed the company's release of its fourth-quarter financial results and subsequent earnings call.

The bank reported higher adjusted earnings and gross income for the quarter, with management highlighting record profits during the earnings call. This positive financial performance appears to have driven investor optimism, leading to the substantial after-hours gain.

While financial stocks broadly faced pressure during the pre-market session, BBVA's strong quarterly results and optimistic outlook presented during the earnings call reversed the earlier downward trend, resulting in the notable post-market surge.

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