BBVA USA Bancshares Inc reported net income of $334 million for the fourth quarter of 2020 compared to a net loss of $331 million in the fourth quarter of 2019.
Included in the fourth quarter of 2019 was a non-cash, goodwill impairment charge of $470 million. Excluding the impact of this non-cash charge, adjusted net income for the fourth quarter of 2019 was $139 million.
Total revenue for the fourth quarter of 2020 was $969 million, up 8 percent from fourth quarter 2019 levels. Net interest income in the quarter totaled $667 million, up 7 percent from the $623 million recorded in the fourth quarter of 2019.
Non-interest income for the fourth quarter of 2020 totaled $301 million, up 11 percent from the $273 million reported in the fourth quarter of 2019.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.