Banco Bilbao Vizcaya Argentaria SA said Thursday that net profit rose in the first quarter, beating consensus expectations, as higher rates boosted net interest income.
The Spanish bank BBVA ES:BBVA said net profit was 1.85 billion euros ($2.04 billion) compared with EUR1.325 billion in the year-earlier period. The lender attributed the rise to the performance of its banking business and net interest income in particular.
Net…
