Bbva 1991-2005

Fernandez, Pablo; Carabias, Jose M.

doi:10.2139/ssrn.908541

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Bbva 1991-2005

39 Pages Posted: 14 Jun 2006

See all articles by Pablo Fernandez

Jose M. Carabias

London School of Economics & Political Science (LSE) - London School of Economics

Date Written: May 26, 2006

Abstract

We compute the Shareholder Value Creation of BBVA. The market cap of BBVA increased between December 1991 and December 2005 in 47,386 million euros. The shareholder value creation during this period was 15,617 million euros. The average shareholder return of BBVA in this 14 years was 19.8%, higher than that of the IBEX 35 (14.0%). We also compare the shareholder return of BBVA with that of other banks.

Note: Downloadable document is in Spanish.

Keywords: BBVA, Shareholder Value Creation, Shareholder Value Added, creacion de valor para los accionistas, aumento del valor para los accionistas, rentabilidad para los accionistas

JEL Classification: G12, G31, M21

Suggested Citation: Suggested Citation

Fernandez, Pablo and Carabias, Jose M., Bbva 1991-2005 (May 26, 2006). Available at SSRN: https://ssrn.com/abstract=908541 or http://dx.doi.org/10.2139/ssrn.908541