BBVA Total Other Income Expense Net vs Net Income Analysis

BBAR Stock  USD 16.58  0.22  1.34%   
BBVA Banco financial indicator trend analysis is way more than just evaluating BBVA Banco Frances prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BBVA Banco Frances is a good investment. Please check the relationship between BBVA Banco Total Other Income Expense Net and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BBVA Banco Frances. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Other Income Expense Net vs Net Income

Total Other Income Expense Net vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BBVA Banco Frances Total Other Income Expense Net account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between BBVA Banco's Total Other Income Expense Net and Net Income is 0.77. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income in the same time period over historical financial statements of BBVA Banco Frances, assuming nothing else is changed. The correlation between historical values of BBVA Banco's Total Other Income Expense Net and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of BBVA Banco Frances are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Other Income Expense Net i.e., BBVA Banco's Total Other Income Expense Net and Net Income go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BBVA Banco Frances financial statement analysis. It represents the amount of money remaining after all of BBVA Banco Frances operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from BBVA Banco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BBVA Banco Frances current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BBVA Banco Frances. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, BBVA Banco's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Tax Provision is likely to grow to about 163.9 B, while Sales General And Administrative To Revenue is likely to drop 0.22.
 2021 2022 2023 2024 (projected)
Gross Profit291.9B394.1B1.9T2.0T
Total Revenue291.9B394.1B1.9T2.0T

BBVA Banco fundamental ratios Correlations

-0.960.951.01.0-0.99-0.95-0.381.00.98-0.98-0.890.990.880.780.95-0.20.751.00.991.00.970.30.33-0.17-0.27
-0.96-1.0-0.98-0.950.950.880.31-0.95-1.00.910.98-0.92-0.77-0.78-1.00.17-0.82-0.95-0.97-0.94-0.9-0.21-0.240.160.16
0.95-1.00.970.95-0.94-0.87-0.310.951.0-0.9-0.980.920.760.781.0-0.160.840.940.970.930.90.180.21-0.15-0.15
1.0-0.980.970.99-0.99-0.94-0.360.990.99-0.97-0.920.980.860.790.98-0.190.770.991.00.990.960.270.3-0.17-0.24
1.0-0.950.950.99-0.99-0.96-0.361.00.97-0.98-0.880.990.880.780.95-0.20.741.00.991.00.970.30.33-0.18-0.29
-0.990.95-0.94-0.99-0.990.960.37-1.0-0.960.970.87-0.99-0.85-0.8-0.940.15-0.78-0.99-0.98-0.99-0.98-0.34-0.370.160.28
-0.950.88-0.87-0.94-0.960.960.38-0.96-0.90.940.79-0.96-0.82-0.74-0.870.25-0.73-0.96-0.92-0.95-0.95-0.35-0.370.20.38
-0.380.31-0.31-0.36-0.360.370.38-0.37-0.330.380.25-0.38-0.34-0.02-0.310.09-0.25-0.38-0.35-0.38-0.40.070.06-0.16-0.17
1.0-0.950.950.991.0-1.0-0.96-0.370.97-0.97-0.880.990.850.810.95-0.150.781.00.980.990.980.320.35-0.16-0.28
0.98-1.01.00.990.97-0.96-0.9-0.330.97-0.94-0.970.950.810.781.0-0.190.80.970.990.960.930.220.25-0.17-0.19
-0.980.91-0.9-0.97-0.980.970.940.38-0.97-0.940.84-0.99-0.95-0.72-0.90.25-0.62-0.98-0.98-0.99-0.95-0.33-0.350.20.29
-0.890.98-0.98-0.92-0.880.870.790.25-0.88-0.970.84-0.84-0.71-0.74-0.980.17-0.79-0.87-0.93-0.86-0.81-0.12-0.140.170.08
0.99-0.920.920.980.99-0.99-0.96-0.380.990.95-0.99-0.840.920.760.92-0.210.681.00.981.00.970.330.35-0.19-0.3
0.88-0.770.760.860.88-0.85-0.82-0.340.850.81-0.95-0.710.920.610.76-0.240.350.880.890.910.850.320.34-0.2-0.29
0.78-0.780.780.790.78-0.8-0.74-0.020.810.78-0.72-0.740.760.610.780.230.690.770.780.770.820.410.44-0.15-0.31
0.95-1.01.00.980.95-0.94-0.87-0.310.951.0-0.9-0.980.920.760.78-0.160.840.950.970.930.90.190.22-0.15-0.16
-0.20.17-0.16-0.19-0.20.150.250.09-0.15-0.190.250.17-0.21-0.240.23-0.16-0.05-0.2-0.2-0.21-0.10.330.330.7-0.15
0.75-0.820.840.770.74-0.78-0.73-0.250.780.8-0.62-0.790.680.350.690.84-0.050.740.730.70.730.140.17-0.06-0.12
1.0-0.950.940.991.0-0.99-0.96-0.381.00.97-0.98-0.871.00.880.770.95-0.20.740.991.00.980.310.34-0.16-0.28
0.99-0.970.971.00.99-0.98-0.92-0.350.980.99-0.98-0.930.980.890.780.97-0.20.730.990.990.950.260.29-0.18-0.24
1.0-0.940.930.991.0-0.99-0.95-0.380.990.96-0.99-0.861.00.910.770.93-0.210.71.00.990.970.320.34-0.18-0.28
0.97-0.90.90.960.97-0.98-0.95-0.40.980.93-0.95-0.810.970.850.820.9-0.10.730.980.950.970.380.4-0.19-0.22
0.3-0.210.180.270.3-0.34-0.350.070.320.22-0.33-0.120.330.320.410.190.330.140.310.260.320.381.00.21-0.34
0.33-0.240.210.30.33-0.37-0.370.060.350.25-0.35-0.140.350.340.440.220.330.170.340.290.340.41.00.21-0.34
-0.170.16-0.15-0.17-0.180.160.2-0.16-0.16-0.170.20.17-0.19-0.2-0.15-0.150.7-0.06-0.16-0.18-0.18-0.190.210.21-0.33
-0.270.16-0.15-0.24-0.290.280.38-0.17-0.28-0.190.290.08-0.3-0.29-0.31-0.16-0.15-0.12-0.28-0.24-0.28-0.22-0.34-0.34-0.33
Click cells to compare fundamentals

BBVA Banco Account Relationship Matchups

BBVA Banco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets618.3B1.0T2.0T2.0T6.1T6.4T
Other Current Liab(515.0M)(4.8B)(758.7M)(8.3B)(227.5B)(216.1B)
Total Current Liabilities515.0M62.7M68.6M40.8M357.1B375.0B
Total Stockholder Equity112.7B169.6B311.3B356.0B1.4T1.5T
Property Plant And Equipment Net35.5B51.0B99.2B96.1B298.2B313.1B
Net Debt(191.0B)(208.8B)(395.7B)(272.1B)(1.1T)(1.0T)
Retained Earnings(26.1B)(88.0B)(66.5B)(46.0B)(169.6B)(161.1B)
Accounts Payable515.0M62.7M68.6M127.2M12.9M12.2M
Cash212.7B229.5B425.2B296.2B1.1T1.2T
Non Current Assets Total110.7B261.1B489.5B794.3B6.5T6.9T
Non Currrent Assets Other(110.7B)(261.1B)(489.5B)(794.3B)(1.5T)(1.4T)
Other Assets223.9B345.1B738.7B214.9B(2.7T)(2.6T)
Cash And Short Term Investments274.3B422.1B750.6B913.5B2.0T2.1T
Net Receivables9.5B17.9B29.5B111.0B104.5B109.8B
Common Stock Shares Outstanding204.2M612.7M204.2M204.2M612.7M643.3M
Liabilities And Stockholders Equity618.3B1.0T2.0T2.0T6.1T6.4T
Non Current Liabilities Total21.7B26.1B46.2B28.4B4.6T4.8T
Other Current Assets166.3B9.9B12.5B26.8B35.0B35.6B
Other Stockholder Equity45.0B68.3B133.6B(335.3B)417.3B438.1B
Total Liab503.5B873.2B1.7T1.6T4.7T4.9T
Property Plant And Equipment Gross26.1B33.8B67.4B131.5B408.6B429.0B
Total Current Assets283.8B440.0B780.1B942.8B2.3T2.4T
Short Long Term Debt Total21.7B20.7B29.5B24.1B64.4B67.6B
Accumulated Other Comprehensive Income93.2B188.7B243.6B267.8B1.1T1.2T
Intangible Assets1.1B2.3B7.2B9.6B33.1B34.8B
Short Term Investments61.5B192.6B325.5B617.3B843.9B886.1B
Other Liab21.1B34.2B33.4B84.7B97.4B102.3B
Net Tangible Assets69.0B100.1B101.1B155.7B179.1B188.0B
Long Term Debt13.5B1.2B503M191M40.9B42.9B
Capital Lease Obligations2.5B3.0B2.9B4.1B23.5B24.7B
Inventory19.5M15.9M14.4M139.5B160.5B168.5B
Long Term Investments54.5B137.0B205.3B707.8B1.2T1.2T
Property Plant Equipment26.1B35.5B33.8B50.9B58.6B61.5B

Pair Trading with BBVA Banco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BBVA Banco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BBVA Banco will appreciate offsetting losses from the drop in the long position's value.

Moving together with BBVA Stock

  0.88AX Axos FinancialPairCorr
  0.88BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against BBVA Stock

  0.69CFG-PE Citizens FinancialPairCorr
  0.68TFC-PO Truist FinancialPairCorr
  0.64TFC-PR Truist FinancialPairCorr
  0.46WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to BBVA Banco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BBVA Banco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BBVA Banco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BBVA Banco Frances to buy it.
The correlation of BBVA Banco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BBVA Banco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BBVA Banco Frances moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BBVA Banco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for BBVA Stock Analysis

When running BBVA Banco's price analysis, check to measure BBVA Banco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BBVA Banco is operating at the current time. Most of BBVA Banco's value examination focuses on studying past and present price action to predict the probability of BBVA Banco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBVA Banco's price. Additionally, you may evaluate how the addition of BBVA Banco to your portfolios can decrease your overall portfolio volatility.