Bullish
BBVA, Endesa, Unicaja, Repsol, and Bankinter near record highs amid strong earnings.
In the past 24 hours, five IBEX 35 companies—BBVA, Endesa, Unicaja, Repsol, and Bankinter—have reported strong earnings, driving their stock prices close to historical highs. BBVA, for instance, reached a new peak after announcing a €2 billion share buyback and a strategic focus on artificial intelligence. These developments have bolstered investor confidence in the index.
Key points
- BBVA's Strategic Shift: Announced a €2 billion share buyback and a new AI-focused strategy, leading to a 10.5% stock price increase in July.
- Endesa's Earnings Boost: Revised its net profit forecast to €2.4 billion, with shares surpassing €42, marking new highs.
- Unicaja's Dividend Increase: Raised its dividend following strong results, with shares up 6.6% in July, nearing record levels.
- Repsol's Profit Surge: Benefited from rising oil prices, with analysts raising valuations by up to 32%, targeting €35 per share.
- Bankinter's Record Performance: Achieved a record first half, with shares up 8.8% in July, just 1.3% below previous highs.
Sources
AI-generated from public news sources. Not financial advice.
