BBVA Compass reports second quarter earnings


BBVA Compass, Birmingham’s second-largest bank by market share, has posted a profit of $184 million in the second quarter of 2018.

That profit was down significantly from the bank’s quarterly record net income for the first quarter, which totaled $209 million. But the bank’s second quarter earnings represented a 17 percent increase from the $157 million it earned during the second quarter of 2017.

“Revenue growth was strong and balanced as both net interest income and noninterest income…

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