Shareholder Value Creation of Bbva. 1991-2006
37 Pages Posted: 27 Jan 2007
Date Written: January 24, 2007
We compute the Shareholder Value Creation of BBVA. The market cap of increased between December 1991 and December 2005 in 61 billion euros. The shareholder value creation during this period was 47.5 billion euros. The average shareholder return of BBVA in this 15 years was 20.1%, higher than that of the IBEX 35 (15.4%). Average inflation was 3.3%. We also compare the shareholder return of BBVA with that of other banks.
Keywords: Value creation, shareholder value creation, BBVA
JEL Classification: G12, G31, M21
Suggested Citation: Suggested Citation