About: http://data.cimple.eu/news-article/1c81cfc52415a0c02f68c20380b6b4c4e406c44f497448c0cc72938b

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/1c81cfc52415a0c02f68c20380b6b4c4e406c44f497448c0cc72938b Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Spain's second-largest bank BBVA said Monday it had agreed to sell its US unit to PNC Financial Services for $11.6 billion (9.7 billion euros). The all-cash deal, which is still subject to regulatory approval, will create the fifth-largest retail bank in the United States by assets when it is completed, most likely in mid-2021, BBVA said in a statement. "This is a very positive transaction for all sides," BBVA executive chairman Carlos Torres Vila said in the statement. "The deal enhances our already strong financial position. We will have ample flexibility to profitably deploy capital in our markets, strengthening our long-term growth profile and supporting economies in the recovery phase," he added. The price which Pittsburg-based PNC Financial Services has agreed to pay represents 19.7 times the unit's earings last year and amounts to nearly 50 percent of BBVA's current market capitalisation, according to BBVA. BBVA's unit in the United States is based in the Sunbelt, with leading market shares in Texas, Alabama and Arizona. BBVA's total net profit in the third quarter fell 6.8 percent to 1.14 billion euros, a much smaller decline than had been expected by analysts. tpe/ds/chz/bmm
schema:headline	Spain's BBVA sells US unit to PNC Financial Services for $11.6 bn
schema:mentions	Market capitalization Banco Bilbao Vizcaya Argentaria PNC Financial Services Hertz Spain Alabama Arizona Texas United States Carlos Torres (pitcher) Retail banking Mark Roebuck
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-11-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	58 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software