Banco Bilbao Vizcaya Argentaria
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BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services. It operated mainly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas.
Jun 24, 2020 · BBVA USA today announced the launch of two digital updates designed to strengthen financial freedom. The bank launched its new mobile banking app, Mobile 9.0, and expanded transaction detail screen in mobile and online banking, both aimed at leveraging the bank’s technology expertise to provide a better experience and more control for customers.
Jun 1, 2021 · PITTSBURGH, June 1, 2021 / PRNewswire / -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA.
Jun 1, 2021 · BBVA will retain its presence in the U.S. market through its broker-dealer BBVA Securities and the New York branch, through which BBVA will continue to provide corporate & investment banking services to its large corporate and institutional clients.
BBVA USA has been acquired by PNC and is operating as an affiliate of PNC until later this year. Find out how to access PNC products and services, customer service assistance, and important legal disclosures.
Jun 19, 2017 · BBVA’s expansion to the U.S. came after it found success in South America and Mexico. The U.S. was an attractive market from a demographics standpoint, with a growing population, a solid economy - which also happened to be the world’s largest - and a positive banking environment.
Jul 25, 2021 · PNC closed on its $11.5 billion acquisition of BBVA USA in June 2021, adding more than $100 billion in assets and expanding its presence in attractive markets. The bank expects to achieve $900 million in cost savings and 21% EPS growth in 2022, and to find revenue synergies longer term.
