Shares of several banks are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.

UBS Maintains Neutral on Banco BBVA Argentina, Lowers Price Target to $15

UBS analyst Kaio Prato maintains Banco BBVA Argentina (NYSE:BBAR) with a Neutral and lowers the price target from $20 to $15.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Banco BBVA Argentina Q2 2026 Earnings Call: Complete Transcript

Banco BBVA Argentina (NYSE:BBAR) held its second-quarter earnings conference call on Friday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and

Grupo Aeroportuario del Pacifico Announces the Execution of Bank Credit Facilities Totaling Ps. 8,000 Million

Grupo Aeroportuario del Pacífico (GAP) has secured Ps. 8,000 million in credit facilities from major banks including Santander, BBVA, HSBC, J.P. Morgan, and Scotiabank. The funds will be used to refinance maturing debt certificates (Ps. 4,258 million) and finance capital expenditures (Ps. 3,742 million) for its 12 Mexican airports and Jamaican operations. The facilities carry floating interest rates based on TIIE plus 45 basis points with terms of 6-12 months.

Shares of banks and financial services companies are trading lower after U.S. core inflation data bolstered the case for more Fed monetary tightening, which may slow lending and limit interest margins. Also, weak Q3 segment results from Bank of America and Morgan Stanley may dent confidence in the broader sector.

Shares of U.S.-traded European banks are trading lower as multiple concerns push up bond yields and dampen the economic outlook for the EU and UK, including French debt levels and protests, gains by the AfD party in Germany, and energy-driven inflation.