What are Bbva Usa Bancshares Inc's Business Segments?
The Company is organized along lines of business. Each line of business is a strategic
unit that serves a particular group of customers with certain common characteristics
by offering various products and services. The line of business results include
certain overhead allocations and intercompany transactions. Company reorganized
its internal management structure and, accordingly, its segment reporting structure.
As a result of this reorganization, the Wealth and Retail and Commercial operating
segments were combined into one operating segment, Consumer and Commercial Banking.
In addition, the Company transferred its oil and gas business from the former
Commercial operating segment to the Corporate and Investment Banking segment to
more closely align with how BBVA manages this business globally. The Company’s
operating segments consisted of Consumer and Commercial Banking, Corporate and
Investment Banking, and Treasury.
The Consumer and Commercial Banking segment serves both the Company’s
consumer customers through its full-service banking centers, private client
offices throughout the U.S., and through the use of alternative delivery channels
such as the internet, mobile devices and telephone banking. It also serves its
commercial customers through its full array of banking and investment services
to businesses in the Company’s markets. The Consumer and Commercial Banking
segment provides individuals with comprehensive products and services including
home mortgages, credit and debit cards, deposit accounts, insurance products,
mutual funds and brokerage services. The segment also provides private banking
and wealth management services to high net worth individuals, including specialized
investment portfolio management, traditional credit products, traditional trust
and estate services, investment advisory services, financial counseling and
customized services to companies and their employees. In addition to traditional
credit and deposit products, the Consumer and Commercial Banking segment also
supports its commercial customers with capabilities in treasury management,
leasing, accounts receivable purchasing, asset-based lending, international
services, and insurance and interest rate protection and investment products.
The Consumer and Commercial Banking segment is also responsible for the Company's
small business customers and indirect automobile portfolio.
The Corporate and Investment Banking segment is responsible for providing a
full array of banking and investment services to corporate and institutional
clients. In addition to traditional credit and deposit products, the Corporate
and Investment Banking segment also supports its customers with capabilities
in treasury management, leasing, accounts receivable purchasing, asset-based
lending, foreign-exchange and international services, and interest rate protection
and investment products.
The Treasury segment’s primary function is to manage the liquidity and
funding positions of the Company, the interest rate sensitivity of the Company's
balance sheet, and to manage the investment securities portfolio.
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