MADRID, July 31 (Reuters) - BBVA on Wednesday said its second quarter net profit rose 38% from the same period in 2023 thanks to a solid performance in Spain, where it aims to expand through a 12.28 billion euro takeover bid for rival Sabadell.
The bank booked a net profit of 2.79 billion euros ($3.02 billion) in the April to June period, up from to 2.03 billion euros in the same period last year.
Analysts polled by Reuters expected a net profit of 2.46 billion euros.
($1 = 0.9320 euros) (Reporting by Jesús Aguado, editing by Inti Landauro)