MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Thursday reported third-quarter net income of $2.89 billion.

The Madrid-based bank said it had earnings of 48 cents per share.

The bank posted revenue of $9.58 billion in the period. Its revenue net of interest expense was $9.58 billion, beating Street forecasts.

Banco Bilbao shares have increased slightly more than 9% since the beginning of the year. The stock has risen 28% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBVA at https://www.zacks.com/ap/BBVA