Exhibit 99.1

Fourth quarter total revenue up 5 percent

BBVA Compass reports net income of $372 million for the full-year of 2016

• Total revenue growth balanced as both net interest income and noninterest income post 5 percent gains

• Net interest income increases $28 million from prior year levels and $17 million from 3Q16 levels

• Percentage net interest margin increases 22 basis points from year ago quarter and 5 basis points from 3Q16 levels

• Noninterest income totals $261 million, up $12 million from year ago levels

• Expenses well contained in the quarter; down 1 percent from prior year

• Continued focus on targeted balance sheet growth and spread management

▪ Average total loans of $61.5 billion up 2 percent on a year-to-date basis

◦ Newly funded customer loans of $14.5 billion for the full-year of 2016

▪ Average total deposits of $67.9 billion up $4.4 billion, or 7 percent, from prior year

◦ Deposit growth fueled by 8 percent increase in noninterest bearing deposits

◦ Noninterest bearing deposits represent 30.2 percent of total deposits

• Significant decline in nonperforming energy loans leads to improved credit quality metrics

▪ Nonperforming loan ratio at 1.63 percent, down 28 basis points from 3Q16; excluding energy portfolio at 1.05 percent

▪ Net charge-off ratio at 40 basis points for the quarter; 37 basis points for full-year

▪ Allowance to loan ratio at 1.40 percent and coverage ratio at 85 percent

• Strong capital position and focused on capital optimization

▪ Regulatory capital ratios¹ remain significantly above “well-capitalized” guidelines

▪ Common Equity Tier 1 capital ratio (phased-in)¹ increases to 11.49 percent

HOUSTON, February 1, 2017 - BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $89 million for the fourth quarter of 2016 compared to $92 million earned during the fourth quarter of 2015. Included in fourth quarter 2016 and 2015 results were goodwill impairment charges of $60 million and $17 million, respectively. Net income adjusted to exclude goodwill impairment was $149 million for the fourth quarter of 2016 and $109 million for the fourth quarter of 2015. Return on average assets and return on average tangible equity² for the fourth quarter of 2016 were 0.40 percent and 4.51 percent, respectively.

Net income for the twelve months of 2016 was $372 million compared to $507 million earned during the twelve months of 2015. Return on average assets and return on average tangible equity² for the twelve months of 2016 were 0.41 percent and 4.82 percent, respectively.

“Despite the challenging economic environment in 2016, we are encouraged by the momentum of our results during the second half of the year, particularly with respect to revenue growth in the fourth quarter,” said Onur Genç, president and CEO of BBVA Compass. “As we navigate the evolving landscape in 2017, our focus is on targeted balance sheet growth, managing the spread on our earning assets and ensuring we are optimizing our capital base to enable us to enhance profitability. Digital transformation will be at the forefront of our efforts designed to increase digital sales while at the same time improving the client experience.”

Total revenue increased 5 percent from the prior year as both net interest income and noninterest income posted solid gains. Net interest income totaled $532 million in the quarter, an increase of 5 percent from prior year levels. The percent net interest margin in the fourth quarter of 2016 was 2.78 percent, up 22 basis points from a year ago and 5 basis points from third quarter 2016 levels. This improvement reflected the company’s focus on targeted loan growth and disciplined spread management, as well

1

as the positive impact from the increase in interest rates. The company continues to maintain a balance sheet that is asset sensitive, and thus is well-positioned for further interest rate increases should they materialize.

Noninterest income for the quarter totaled $261 million, an increase of 5 percent compared to $249 million recorded in the fourth quarter of 2015. Growth in mortgage banking income, money transfer income, and card and merchant processing more than offset softness in some of our market sensitive businesses. Expense growth was also well-contained in the quarter with noninterest expense totaling $554 million, down 1 percent compared to the year ago quarter. For the full-year, total expenses increased 2 percent, reflecting the company’s focus on expense management.

“Average total loans for the year were $61.5 billion, an increase of 2 percent,” Genç noted. “While year-over-year growth was muffled by strategic loan sales, in 2016 we funded more than $14.5 billion in customer loans. At the same time, deposit generation remained strong and continued to fully fund our earning asset growth. Average deposits totaled $67.9 billion, an increase of $4.4 billion or 7 percent. Growth in this portfolio was led by an 8 percent increase in average noninterest bearing deposits which now represent 30.2 percent of total deposits.”

“BBVA Compass is committed to maintaining sound underwriting standards, a strong risk profile and reserve levels that adequately reflect the make-up of our loan portfolio and economic conditions,” Genç said. Provision expense for the year totaled $303 million and exceeded net charge-offs by $76 million. Net charge-offs as a percentage of average total loans were 40 basis points in the fourth quarter and 37 basis points for the full-year of 2016. The allowance for loan losses as a percentage of total loans ended the year at 1.40 percent, up from 1.24 percent at the end of 2015. Nonperforming loans as a percentage of total loans declined from 1.91 percent at the end of the third quarter to 1.63 percent, primarily reflecting activity within our energy portfolio.

Energy loans totaled $3.2 billion at the end of the quarter, down $76 million compared to third quarter 2016 levels and $905 million compared to first quarter 2016 levels when the portfolio reached its peak. The energy portfolio now represents 5.4 percent of total loans compared to 5.5 percent at the end of the third quarter of 2016 and 6.7 percent at the end of the first quarter of 2016. During the fourth quarter, nonaccrual loans in the energy portfolio declined by 34 percent from third quarter 2016 levels. This improvement reflects the company’s ongoing actions to actively manage this portfolio, as well as an improvement in economic conditions in this sector.

Total shareholder’s equity ended the fourth quarter of 2016 at $12.8 billion, a 1 percent increase from $12.6 billion at the end of the fourth quarter of 2015. “Maintaining a strong capital position while optimizing the use of our capital base is an essential part of our strategic plan,” said Genç. “Each of the company’s regulatory capital ratios remain significantly above ‘well-capitalized’ guidelines and our total capital ratio ended the quarter at 14.31 percent¹ while the CET1 ratio rose to 11.49 percent¹ from 10.70 percent¹ at the end of 2015.”

^{________________________________} 

¹ Regulatory capital ratios at December 31, 2016, are estimated

² Average tangible equity is a non-GAAP financial measure that we believe aids in understanding certain areas of our performance. The calculation of this measure is included on the page titled Non-GAAP Reconciliation.

Contact details:
Christina Anderson	Ed Bilek
Corporate Communications	Investor Relations
Tel. 205.524.5214	Tel. 205.297.3331
christina.anderson@bbva.com	ed.bilek@bbva.com

About BBVA Compass

BBVA Compass Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA Compass, operates 672 branches, including 344 in Texas, 89 in Alabama, 75 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 19 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass was recently named Best Digital Bank in North America by global finance magazine Euromoney and the best regional bank in the South and West, as well as earning best mobile app, in Money magazine’s 2015-2016 list of the Best Bank’s in America. Additional information about BBVA Compass can be found under the Investor Relations tab at bbvacompass.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com.

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About BBVA Group

BBVA Compass Bancshares, Inc. is a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group is the largest financial institution in Spain and Mexico, and has leading franchises in South America and the Sunbelt region of the United States. It also is the leading shareholder in Garanti, Turkey’s largest bank based on market capitalization. Its diversified business is focused on high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at bbva.com.

On April 6, 2016, BBVA filed its annual report on Form 20-F for the year ended December 31, 2015, with the Securities and Exchange Commission. A copy can be accessed on the BBVA website at http://shareholdersandinvestors.bbva.com/TLBB/tlbb/bbvair/ing/share/adrs/index.jsp. Holders of BBVA’s American Depositary Receipts (ADRs) may request a hard copy of the Form 20-F for the year ended December 31, 2015, including its complete audited financial statements, free of charge. To request a copy, contact Ed Bilek at ed.bilek@bbva.com.

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Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements about BBVA Compass Bancshares, Inc. (the “Company”) and its industry that involve substantial risks and uncertainties. The use of “we,” “our” and similar terms refer to the Company. Statements other than statements of current or historical fact, including statements regarding our future financial condition, results of operations, business plans, liquidity, cash flows, projected costs, and the impact of any laws or regulations applicable to the Company, constitute forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should,” and other similar expressions are intended to identify these forward-looking statements. These forward-looking statements reflect the Company’s views regarding future events and financial performance. Such statements are subject to risks, uncertainties, assumptions and other important factors, many of which may be beyond the Company’s control, that could cause actual results to differ materially from anticipated results. If the Company’s assumptions and estimates are incorrect, or if the Company becomes subject to significant limitations as the result of litigation or regulatory action, then the Company’s actual results could vary materially from those expressed or implied in these forward-looking statements. The forward-looking statements are and will be based on the Company’s then current views and assumptions regarding future events and speak only as of their dates made. The Company assumes no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by securities law or regulation. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 2, 2016, as updated by our subsequent SEC filings.

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Three Months Ended   December 31,						%		Years Ended December 31,						%
	2016			2015[d]			Change		2016			2015[d]			Change
EARNINGS SUMMARY
Net interest income	$	531,752		$	504,089		5		$	2,067,681		$	2,012,977		3
Noninterest income [a]	261,053			249,407			5		1,026,232			1,005,734			2
Total revenue [a]	792,805			753,496			5		3,093,913			3,018,711			2
Investment securities gain (loss), net	—			14,689			(100	)	30,037			81,656			(63	)
Loss on prepayment of FHLB advances	(295		)	(1,898		)	(84	)	(295		)	(8,016		)	(96	)
Provision for loan losses	37,564			76,307			(51	)	302,589			193,638			56
Goodwill impairment	59,901			17,000			252		59,901			17,000			252
Noninterest expense	554,169			561,695			(1	)	2,243,621			2,197,853			2
Pretax income	140,876			111,285			27		517,544			683,860			(24	)
Income tax expense	51,473			19,637			162		146,021			176,502			(17	)
Net income	89,403			91,648			(2	)	371,523			507,358			(27	)
Net income attributable to noncontrolling interests	441			490			(10	)	2,010			2,228			(10	)
Net income attributable to BBVA Compass Bancshares, Inc.	$	88,962		$	91,158		(2	)	$	369,513		$	505,130		(27	)
SELECTED RATIOS
Return on average assets	0.40		%	0.40		%			0.41		%	0.57		%
Return on average tangible equity [b]	4.51			4.85					4.82			7.02
Average common equity to average assets	14.39			13.88					13.82			13.97
Average loans to average total deposits	89.24			94.05					90.58			94.71
Common equity tier 1 capital (CET1) [c]	11.49			10.70					11.49			10.70
Tier I capital ratio [c]	11.85			11.08					11.85			11.08
Total capital ratio [c]	14.31			13.68					14.31			13.68
Leverage ratio [c]	9.45			8.95					9.45			8.95
[a] Excludes net gain on sales of investment securities and gain (loss) on prepayment of FHLB advances.
[b] Non-GAAP measure that we believe aids in understanding certain areas of our performance. The calculation of this measure is included on the page titled Non-GAAP Reconciliation.
[c] Current period regulatory capital ratios are estimated.
[d] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.
NM = Not meaningful

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Average for Three Months						Average for Year Ended					Ending Balance
	Ended December 31,				%		Ended December 31,				%	December 31,				%
	2016		2015[d]		Change		2016		2015[d]		Change	2016		2015[d]		Change
BALANCE SHEET HIGHLIGHTS
Total loans	$	60,428,830	$	61,480,854	(2	)	$	61,505,935	$	60,176,687	2	$	60,223,112	$	61,394,666	(2	)
Total investment securities	12,800,050		12,186,839		5		12,607,031		11,750,984		7	12,868,272		12,373,196		4
Earning assets	78,691,897		80,941,804		(3	)	81,335,489		79,042,874		3	77,989,196		78,074,188		—
Total assets	88,639,855		90,441,599		(2	)	91,064,360		88,389,179		3	87,079,953		90,068,538		(3	)
Noninterest bearing demand deposits	20,926,593		19,806,936		6		20,556,608		19,016,212		8	20,332,792		19,291,533		5
Interest bearing transaction accounts	32,835,469		31,976,145		3		32,789,385		31,374,727		5	33,518,871		32,620,096		3
Total transaction accounts	53,762,062		51,783,081		4		53,345,993		50,390,939		6	53,851,663		51,911,629		4
Total deposits	67,718,213		65,369,958		4		67,904,564		63,538,900		7	67,279,533		65,981,766		2
Shareholder's equity	12,982,707		12,628,872		3		12,818,572		12,368,866		4	12,750,707		12,624,709		1

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	2016												2015
	December 31			September 30			June 30			March 31			December 31
NONPERFORMING ASSETS
Nonaccrual loans [a]	$	921,042		$	1,086,018		$	1,026,592		$	819,034		$	407,045
Loans 90 days or more past due [b]	61,542			65,525			60,320			60,490			68,629
TDRs 90 days or more past due	589			618			998			491			874
Total nonperforming loans [a]	983,173			1,152,161			1,087,910			880,015			476,548
Other real estate owned, net (OREO)	21,112			21,670			18,225			17,877			20,862
Other repossessed assets	7,587			6,900			9,380			8,601			$	8,774
Total nonperforming assets	$	1,011,872		$	1,180,731		$	1,115,515		$	906,493		$	506,184
TDRs accruing and past due less than 90 days	$	110,733		$	116,941		$	118,222		$	120,316		$	150,038
Total nonperforming loans as a % of loans	1.63		%	1.91		%	1.76		%	1.41		%	0.78		%
Total nonperforming assets as a % of total loans, other real estate, and other repossessed assets	1.68			1.96			1.80			1.46			0.82
[a] Includes loans held for sale.
[b] Excludes loans classified as troubled debt restructurings (TDRs).

	Three Months Ended
	2016												2015
	December 31			September 30			June 30			March 31			December 31
ALLOWANCE FOR LOAN LOSSES
Balance at beginning of period	$	862,080		$	843,051		$	822,440		$	762,673		$	722,122
Net charge-offs (NCO)	61,351			46,078			66,062			53,478			35,756
Provision for loan losses	37,564			65,107			86,673			113,245			76,307
Balance at end of period	$	838,293		$	862,080		$	843,051		$	822,440		$	762,673
Allowance for loan losses as a % of total loans	1.40		%	1.43		%	1.37		%	1.32		%	1.24		%
Allowance for loan losses as a % of nonperforming loans [c]	85.26			74.82			77.49			93.46			160.04
Allowance for loan losses as a % of nonperforming assets [c]	82.85			73.01			75.58			90.73			150.67
Annualized as a % of average loans:
NCO - QTD	0.40			0.30			0.43			0.35			0.23
NCO - YTD	0.37			0.36			0.39			0.35			0.19
[c] Includes loans held for sale that are on nonaccrual status.

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	December 31, 2016								September 30, 2016								December 31, 2015
	Recorded Investment			Total Commitment			Nonaccrual		Recorded Investment			Total Commitment			Nonaccrual		Recorded Investment			Total Commitment			Nonaccrual
ENERGY PORTFOLIO
Exploration and production	$	1,654,565		$	4,182,861		$	308,096	$	1,722,052		$	4,244,802		$	511,520	$	2,040,748		$	5,186,887		$	91,947
Midstream	1,199,844			3,230,513			11,298		1,207,650			3,209,931			11,552		1,355,503			3,293,216			—
Drilling oil and support services	263,770			467,908			66,811		261,748			468,728			64,771		266,871			554,782			—
Refineries and terminals	128,010			262,618			339		130,689			254,130			383		137,904			211,258			520
Other	—			—			—		—			—			—		39,200			109,782			—
Total energy portfolio	$	3,246,189		$	8,143,900		$	386,544	$	3,322,139		$	8,177,591		$	588,226	$	3,840,226		$	9,355,925		$	92,467
	December 31, 2016								September 30, 2016								December 31, 2015
	As a % of Energy Loans			As a % of Total Loans					As a % of Energy Loans			As a % of Total Loans					As a % of Energy Loans			As a % of Total Loans
ENERGY PORTFOLIO
Exploration and production	51.0		%	2.7		%			51.8		%	2.9		%			53.2		%	3.4		%
Midstream	37.0			2.0					36.4			2.0					35.3			2.2
Drilling oil and support services	8.1			0.4					7.9			0.4					6.9			0.4
Refineries and terminals	3.9			0.2					3.9			0.2					3.6			0.2
Other	—			—					—			—					1.0			0.1
Total energy portfolio	100.0		%	5.4		%			100.0		%	5.5		%			100.0		%	6.3		%

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Three Months Ended December 31,
	2016							2015[c]
	Average Balance			Income/Expense		Yield/ Rate		Average Balance			Income/ Expense		Yield/Rate
YIELD/RATE ANALYSIS
(Taxable Equivalent Basis)
Assets
Earning assets:
Loans	$	60,428,830		$	575,195	3.79	%	$	61,480,854		$	561,790	3.63	%
Investment securities available for sale [a]	11,648,240			60,930		2.08		10,848,801			49,186		1.80
Investment securities held to maturity	1,219,537			9,650		3.15		1,337,393			10,003		2.97
Other earning assets [b]	5,463,017			20,819		1.52		7,274,111			14,653		0.80
Total earning assets [a]	78,759,624			666,594		3.37		80,941,159			635,632		3.12
Allowance for loan losses	(866,885		)					(734,031		)
Unrealized gain (loss) on securities available for sale	(67,727		)					645
Other assets	10,814,843							10,233,826
Total assets	$	88,639,855						$	90,441,599
Liabilities and Shareholders' Equity
Interest bearing liabilities:
Interest bearing demand deposits	$	7,429,395		$	4,772	0.26		$	7,033,106		$	3,143	0.18
Savings and money market accounts	25,406,074			23,671		0.37		24,943,039			23,871		0.38
Certificates and other time deposits	13,865,231			45,353		1.30		13,455,432			44,263		1.31
Foreign office deposits	90,920			50		0.22		131,445			65		0.20
Total interest bearing deposits	46,791,620			73,846		0.63		45,563,022			71,342		0.62
FHLB and other borrowings	3,281,743			23,825		2.89		5,580,514			22,920		1.63
Federal funds purchased and securities sold under agreement to repurchase	101,168			4,640		18.25		732,968			2,856		1.55
Other short-term borrowings	3,381,697			12,963		1.52		4,104,587			15,774		1.52
Total interest bearing liabilities	53,556,228			115,274		0.86		55,981,091			112,892		0.80
Noninterest bearing deposits	20,926,593							19,806,936
Other noninterest bearing liabilities	1,174,327							2,024,700
Total liabilities	75,657,148							77,812,727
Shareholder's equity	12,982,707							12,628,872
Total liabilities and shareholder's equity	$	88,639,855						$	90,441,599
Net interest income/ net interest spread				551,320		2.51	%				522,740		2.32	%
Net yield on earning assets						2.78	%						2.56	%
Total taxable equivalent adjustment				19,568							18,651
Net interest income				$	531,752						$	504,089
[a] Excludes adjustment for market valuation.
[b] Beginning in 2016, interest bearing deposits with the Federal Reserve are included in earning assets. In prior periods, these balances were included with cash and due from banks in the cash and cash equivalents line, consistent with the Consolidated Balance Sheet presentation. Prior periods have been reclassified to conform to current period presentation.
[c] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

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BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Years Ended December 31,
	2016							2015[c]
	Average Balance			Income/ Expense		Yield/ Rate		Average Balance			Income/ Expense		Yield/ Rate
YIELD/RATE ANALYSIS
(Taxable Equivalent Basis)
Assets
Earning assets:
Loans	$	61,505,935		$	2,303,017	3.74	%	$	60,176,687		$	2,221,093	3.69	%
Investment securities available for sale [a]	11,356,093			192,183		1.69		10,358,764			195,769		1.89
Investment securities held to maturity	1,256,687			38,943		3.10		1,359,013			39,785		2.93
Other earning assets [b]	7,222,523			74,755		1.04		7,115,203			56,558		0.79
Total earning assets [a]	81,341,238			2,608,898		3.21		79,009,667			2,513,205		3.18
Allowance for loan losses	(834,310		)					(714,157		)
Unrealized gain (loss) on securities available for sale	(5,749		)					33,207
Other assets	10,563,181							10,060,462
Total assets	$	91,064,360						$	88,389,179
Liabilities and Shareholders' Equity
Interest bearing liabilities:
Interest bearing demand deposits	$	7,042,165		16,639		0.24		$	7,218,956		12,011		0.17
Savings and money market accounts	25,747,220			99,567		0.39		24,155,771			94,336		0.39
Certificates and other time deposits	14,454,532			188,209		1.30		12,989,759			167,809		1.29
Foreign office deposits	104,039			210		0.20		158,202			322		0.20
Total interest bearing deposits	47,347,956			304,625		0.64		44,522,688			274,478		0.62
FHLB and other borrowings	4,226,225			82,744		1.96		5,701,974			89,988		1.58
Federal funds purchased and securities sold under agreement to repurchase	451,980			21,165		4.68		807,677			8,390		1.04
Other short-term borrowings	3,778,752			54,244		1.44		4,006,716			52,442		1.31
Total interest bearing liabilities	55,804,913			462,778		0.83		55,039,055			425,298		0.77
Noninterest bearing deposits	20,556,608							19,016,212
Other noninterest bearing liabilities	1,884,267							1,965,046
Total liabilities	78,245,788							76,020,313
Shareholder's equity	12,818,572							12,368,866
Total liabilities and shareholder's equity	$	91,064,360						$	88,389,179
Net interest income/ net interest spread				2,146,120		2.38	%				2,087,907		2.41	%
Net yield on earning assets						2.64	%						2.64	%
Total taxable equivalent adjustment				78,439							74,930
Net interest income				$	2,067,681						$	2,012,977
[a] Excludes adjustment for market valuation.
[b] Beginning in 2016, interest bearing deposits with the Federal Reserve are included in earning assets. In prior periods, these balances were included with cash and due from banks in the cash and cash equivalents line, consistent with the Consolidated Balance Sheet presentation. Prior periods have been reclassified to conform to current period presentation.
[c] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

10

BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Year Ended								Three Months Ended
	December 31,						%		2016										2015[a]
	2016			2015[a]			Change		December 31			September 30		June 30		March 31[a]			December 31
NONINTEREST INCOME
Service charges on deposit accounts	$	214,294		$	216,248		(1	)	$	55,901		$	55,047	$	51,921	$	51,425		$	54,357
Card and merchant processing fees	123,668			112,818			10		31,161			31,256		31,509		29,742			28,900
Retail investment sales	102,982			101,614			1		23,293			30,137		26,985		22,567			24,040
Investment banking and advisory fees	107,116			105,235			2		20,792			34,385		28,335		23,604			20,260
Money transfer income	104,592			93,437			12		28,632			25,058		26,477		24,425			24,735
Asset management fees	34,875			33,194			5		8,906			8,778		8,386		8,805			8,745
Corporate and correspondent investment sales	24,689			30,000			(18	)	3,199			6,974		10,103		4,413			9,710
Mortgage banking income	21,496			27,258			(21	)	16,086			8,242		602		(3,434		)	5,989
Bank owned life insurance	17,243			18,662			(8	)	4,202			4,170		4,455		4,416			5,135
Other	275,277			267,268			3		68,881			59,718		67,789		78,889			67,536
	1,026,232			1,005,734			2		261,053			263,765		256,562		244,852			249,407
Investment securities gains, net	30,037			81,656			(63	)	—			—		21,684		8,353			14,689
Loss on prepayment of FHLB and other borrowings	(295		)	(8,016		)	NM		(295		)	—		—		—			(1,898		)
Total noninterest income	$	1,055,974		$	1,079,374		(2	)	$	260,758		$	263,765	$	278,246	$	253,205		$	262,198
NONINTEREST EXPENSE
Salaries, benefits and commissions	$	1,119,676		$	1,081,475		4		$	283,609		$	279,132	$	277,166	$	279,769		$	276,647
Professional services	242,206			218,584			11		63,810			63,628		58,401		56,367			64,450
Equipment	242,273			232,050			4		62,627			59,697		59,508		60,441			57,739
Net occupancy	160,997			161,035			—		40,116			41,610		39,999		39,272			41,304
Money transfer expense	67,474			60,350			12		17,426			16,680		17,768		15,600			16,334
Marketing	50,549			41,778			21		13,018			13,316		11,506		12,709			9,447
Communications	21,046			22,527			(7	)	5,406			5,002		5,463		5,175			5,423
Amortization of intangibles	16,373			39,208			(58	)	4,093			4,093		4,094		4,093			9,125
Other	323,027			340,846			(5	)	64,064			73,113		67,132		118,718			81,226
	2,243,621			2,197,853			2		554,169			556,271		541,037		592,144			561,695
Goodwill impairment	59,901			17,000			252		59,901			—		—		—			17,000
Total noninterest expense	$	2,303,522		$	2,214,853		4		$	614,070		$	556,271	$	541,037	$	592,144		$	578,695
NM = Not meaningful
[a] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

11

BBVA COMPASS BANCSHARES, INC. (Unaudited) (Dollars in thousands)
	Three Months Ended December 31,					Years Ended December 31,
	2016			2015[a]		2016			2015[a]
NON-GAAP RECONCILIATION
Computation of Average Tangible Equity:
Total stockholder's equity (average)	$	12,982,707		12,628,872		$	12,818,572		12,368,866
Less: Goodwill and other intangibles (average)	5,101,494			5,139,183		5,107,002			5,146,362
Average tangible equity [B]	$	7,881,213		7,489,689		$	7,711,570		7,222,504
Net income [A]	$	89,403		91,648		$	371,523		507,358
Return on average tangible equity ([A]/[B], annualized)	4.51		%	4.85	%	4.82		%	7.02	%
[a] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

12

BBVA COMPASS BANCSHARES, INC SUPPLEMENTAL LOAN PORTFOLIO INFORMATION (Unaudited) (Dollars in thousands)
	At or Quarter Ended December 31, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Nonaccrual		Accruing TDRs		Not Past Due or Impaired		Total		Net Charge Offs (Recoveries)
Commercial, financial and agricultural	$	23,788	$	6,581	$	2,891	$	596,454	$	8,726	$	24,483,562	$	25,122,002	$	14,413
Real estate – construction	918		50		2,007		1,239		2,393		2,118,709		2,125,316		(383		)
Commercial real estate – mortgage	3,791		3,474		—		71,921		4,860		11,126,614		11,210,660		280
Residential real estate – mortgage	57,359		28,450		3,356		140,303		59,893		12,970,633		13,259,994		1,044
Equity lines of credit	7,922		4,583		2,950		33,453		—		2,494,870		2,543,778		641
Equity loans	5,615		1,843		467		13,635		34,746		389,403		445,709		512
Credit card	6,411		5,042		10,954		—		—		582,474		604,881		9,680
Consumer – direct	13,338		4,563		4,482		789		704		1,230,765		1,254,641		15,343
Consumer – indirect	85,198		22,833		7,197		5,926		—		3,013,794		3,134,948		19,902
Covered loans	7,311		1,351		27,238		730		—		322,704		359,334		(81		)
Total loans	$	211,651	$	78,770	$	61,542	$	864,450	$	111,322	$	58,733,528	$	60,061,263	$	61,351
Loans held for sale	$	—	$	—	$	—	$	56,592	$	—	$	105,257	$	161,849	$	—

	At or Quarter Ended September 30, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Nonaccrual		Accruing TDRs		Not Past Due or Impaired		Total		Net Charge Offs (Recoveries)
Commercial, financial and agricultural	$	72,328	$	4,400	$	5,320	$	850,075	$	9,283	$	23,897,662	$	24,839,068	$	8,936
Real estate – construction	522		1,062		2,782		1,214		3,315		2,206,377		2,215,272		(206		)
Commercial real estate – mortgage	7,614		369		783		63,593		5,141		11,284,130		11,361,630		(372		)
Residential real estate – mortgage	56,204		21,200		3,929		117,243		63,008		13,195,851		13,457,435		560
Equity lines of credit	8,173		4,477		2,417		32,642		—		2,446,759		2,494,468		601
Equity loans	5,567		1,694		353		13,198		36,053		422,510		479,375		18
Credit card	5,696		4,264		10,175		—		—		579,727		599,862		8,460
Consumer – direct	12,099		4,725		4,191		765		759		1,164,288		1,186,827		12,884
Consumer – indirect	73,045		20,165		7,070		7,019		—		3,088,936		3,196,235		15,197
Covered loans	4,075		3,844		28,505		269		—		344,418		381,111		—
Total loans	$	245,323	$	66,200	$	65,525	$	1,086,018	$	117,559	$	58,630,658	$	60,211,283	$	46,078
Loans held for sale	$	—	$	—	$	—	$	—	$	—	$	101,843	$	101,843	$	—

13

	At or Quarter Ended June 30, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Nonaccrual		Accruing TDRs		Not Past Due or Impaired		Total		Net Charge Offs (Recoveries)
Commercial, financial and agricultural	$	8,750	$	4,499	$	4,175	$	797,066	$	9,333	$	25,552,413	$	26,376,236	$	31,773
Real estate – construction	1,675		1,195		2,064		1,983		2,650		2,117,823		2,127,390		(1,094		)
Commercial real estate – mortgage	3,495		535		—		62,381		5,603		11,184,061		11,256,075		1,684
Residential real estate – mortgage	51,319		18,866		1,286		109,805		64,341		13,251,401		13,497,018		471
Equity lines of credit	7,279		3,996		1,565		34,043		—		2,418,631		2,465,514		854
Equity loans	4,378		1,214		568		14,254		36,485		456,090		512,989		(19		)
Credit card	5,588		3,768		9,056		—		—		590,475		608,887		8,127
Consumer – direct	10,319		4,670		3,354		540		808		1,070,803		1,090,494		9,924
Consumer – indirect	69,575		17,053		5,324		6,360		—		3,248,374		3,346,686		13,027
Covered loans	5,124		4,115		32,928		160		—		356,327		398,654		1,315
Total loans	$	167,502	$	59,911	$	60,320	$	1,026,592	$	119,220	$	60,246,398	$	61,679,943	$	66,062
Loans held for sale	$	—	$	—	$	—	$	—	$	—	$	108,432	$	108,432	$	—

	At or Quarter Ended March 31, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Nonaccrual		Accruing TDRs		Not Past Due or Impaired		Total		Net Charge Offs (Recoveries)
Commercial, financial and agricultural	$	17,837	$	9,947	$	3,012	$	568,154	$	9,545	$	26,255,552	$	26,864,047	$	18,057
Real estate – construction	4,345		827		415		5,712		2,664		2,393,548		2,407,511		(302		)
Commercial real estate – mortgage	7,865		829		807		71,889		5,425		10,560,579		10,647,394		22
Residential real estate – mortgage	42,126		18,321		1,507		117,602		65,173		13,345,540		13,590,269		961
Equity lines of credit	8,959		3,779		1,010		33,991		—		2,385,631		2,433,370		2,215
Equity loans	7,027		1,447		443		13,925		37,132		487,593		547,567		606
Credit card	4,876		3,850		9,413		—		—		587,166		605,305		8,190
Consumer – direct	8,239		3,201		2,951		682		868		979,711		995,652		8,711
Consumer – indirect	61,460		11,916		4,149		6,386		—		3,505,845		3,589,756		14,769
Covered loans	5,147		2,152		36,783		693		—		379,044		423,819		249
Total loans	$	167,881	$	56,269	$	60,490	$	819,034	$	120,807	$	60,880,209	$	62,104,690	$	53,478
Loans held for sale	$	—	$	—	$	—	$	—	$	—	$	96,784	$	96,784	$	—

14

	At or Quarter Ended December 31, 2015
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Nonaccrual		Accruing TDRs		Not Past Due or Impaired		Total		Net Charge Offs (Recoveries)
Commercial, financial and agricultural	$	8,197	$	4,215	$	3,567	$	161,591	$	9,402	$	25,835,402	$	26,022,374	$	3,345
Real estate – construction	2,864		91		421		5,908		2,247		2,342,722		2,354,253		(423		)
Commercial real estate – mortgage	3,843		1,461		2,237		69,953		33,904		10,341,882		10,453,280		1,260
Residential real estate – mortgage	47,323		19,540		1,961		113,234		67,343		13,743,884		13,993,285		1,269
Equity lines of credit	8,263		4,371		2,883		35,023		—		2,369,275		2,419,815		1,382
Equity loans	6,356		2,194		704		15,614		37,108		518,828		580,804		238
Credit card	5,563		4,622		9,718		—		—		607,456		627,359		7,299
Consumer – direct	7,648		3,801		3,537		561		908		920,416		936,871		6,126
Consumer – indirect	73,438		17,167		5,629		5,027		—		3,393,821		3,495,082		14,548
Covered loans	4,862		3,454		37,972		134		—		394,539		440,961		712
Total loans	$	168,357	$	60,916	$	68,629	$	407,045	$	150,912	$	60,468,225	$	61,324,084	$	35,756
Loans held for sale	$	227	$	—	$	—	$	—	$	—	$	70,355	$	70,582	$	—

15

BBVA COMPASS BANCSHARES, INC. BALANCE SHEET (Unaudited) (In Thousands)
	2016												2015[a]
	December 31			September 30			June 30			March 31[a]			December 31
Assets:
Cash and due from banks	$	1,284,261		$	1,130,610		$	1,581,187		$	1,108,416		$	1,125,673
Interest bearing funds with the Federal Reserve	1,830,078			2,923,813			3,248,576			4,027,867			3,040,207
Federal funds sold, securities purchased under agreements to resell and interest bearing deposits	137,447			372,268			319,644			233,411			330,948
Cash and cash equivalents	3,251,786			4,426,691			5,149,407			5,369,694			4,496,828
Trading account assets	3,144,600			4,051,461			4,355,025			4,358,533			4,138,132
Investment securities available for sale	11,665,055			11,516,885			11,359,159			11,265,797			11,050,520
Investment securities held to maturity	1,203,217			1,240,850			1,258,253			1,267,953			1,322,676
Loans held for sale	161,849			101,843			108,432			96,784			70,582
Loans	60,061,263			60,211,283			61,679,943			62,104,690			61,324,084
Allowance for loan losses	(838,293		)	(862,080		)	(843,051		)	(822,440		)	(762,673		)
Net loans	59,222,970			59,349,203			60,836,892			61,282,250			60,561,411
Premises and equipment, net	1,300,054			1,287,457			1,290,738			1,297,539			1,322,378
Bank owned life insurance	711,939			712,422			708,143			704,254			700,285
Goodwill	4,983,296			5,043,197			5,043,197			5,043,197			5,043,197
Other intangible assets	15,203			19,296			23,389			27,483			31,576
Other assets	1,419,984			1,607,533			1,620,521			1,507,305			1,330,953
Total assets	$	87,079,953		$	89,356,838		$	91,753,156		$	92,220,789		$	90,068,538
Liabilities:
Deposits:
Noninterest bearing	$	20,332,792		$	20,585,598		$	20,132,164		$	20,416,248		$	19,291,533
Interest bearing	46,946,741			47,001,739			47,618,154			48,503,973			46,690,233
Total deposits	67,279,533			67,587,337			67,750,318			68,920,221			65,981,766
FHLB and other borrowings	3,001,551			3,671,861			5,098,048			4,383,454			5,438,620
Federal funds purchased and securities sold under agreements to repurchase	39,052			165,573			386,343			893,786			750,154
Other short-term borrowings	2,802,977			3,591,223			4,352,428			3,924,781			4,032,644
Accrued expenses and other liabilities	1,206,133			1,521,654			1,439,023			1,375,370			1,240,645
Total liabilities	74,329,246			76,537,648			79,026,160			79,497,612			77,443,829
Shareholder’s Equity:
Preferred Stock	229,475			229,475			229,475			229,475			229,475
Common stock — $0.01 par value	2,230			2,230			2,230			2,230			2,230
Surplus	14,985,673			15,020,937			15,022,974			15,152,077			15,160,267
Retained deficit	(2,327,440		)	(2,416,402		)	(2,536,230		)	(2,658,214		)	(2,696,953		)
Accumulated other comprehensive loss	(168,252		)	(46,644		)	(20,500		)	(31,945		)	(99,336		)
Total BBVA Compass Bancshares, Inc. shareholder’s equity	12,721,686			12,789,596			12,697,949			12,693,623			12,595,683
Noncontrolling interests	29,021			29,594			29,047			29,554			29,026
Total shareholder’s equity	12,750,707			12,819,190			12,726,996			12,723,177			12,624,709
Total liabilities and shareholder’s equity	$	87,079,953		$	89,356,838		$	91,753,156		$	92,220,789		$	90,068,538
[a] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

16

BBVA COMPASS BANCSHARES INCOME STATEMENTS (Unaudited) (In Thousands)
	Three Months Ended
	2016										2015[a]
	December 31			September 30		June 30		March 31[a]			December 31
Interest income:
Interest and fees on loans	$	558,680		$	557,996	$	559,170	$	561,083		$	546,392
Interest on investment securities available for sale	60,868			48,382		36,442		46,197			49,066
Interest on investment securities held to maturity	6,664			6,675		6,759		6,795			6,870
Interest on federal funds sold, securities purchased under agreements to resell and interest bearing deposits	7,664			4,563		4,346		4,366			1,595
Interest on trading account assets	13,150			12,926		13,412		14,321			13,058
Total interest income	647,026			630,542		620,129		632,762			616,981
Interest expense:
Interest on deposits	73,846			76,031		76,933		77,815			71,342
Interest on FHLB and other borrowings	23,825			21,315		19,592		18,012			22,920
Interest on federal funds purchased and securities sold under agreements to repurchase	4,640			4,934		5,434		6,157			2,856
Interest on other short-term borrowings	12,963			13,453		13,932		13,896			15,774
Total interest expense	115,274			115,733		115,891		115,880			112,892
Net interest income	531,752			514,809		504,238		516,882			504,089
Provision for loan losses	37,564			65,107		86,673		113,245			76,307
Net interest income after provision for loan losses	494,188			449,702		417,565		403,637			427,782
Noninterest income:
Service charges on deposit accounts	55,901			55,047		51,921		51,425			54,357
Card and merchant processing fees	31,161			31,256		31,509		29,742			28,900
Retail investment sales	23,293			30,137		26,985		22,567			24,040
Investment banking and advisory fees	20,792			34,385		28,335		23,604			20,260
Money transfer income	28,632			25,058		26,477		24,425			24,735
Asset management fees	8,906			8,778		8,386		8,805			8,745
Corporate and correspondent investment sales	3,199			6,974		10,103		4,413			9,710
Mortgage banking income	16,086			8,242		602		(3,434		)	5,989
Bank owned life insurance	4,202			4,170		4,455		4,416			5,135
Investment securities gains, net	—			—		21,684		8,353			14,689
Loss on prepayment of FHLB and other borrowings	(295		)	—		—		—			(1,898		)
Other	68,881			59,718		67,789		78,889			67,536
Total noninterest income	260,758			263,765		278,246		253,205			262,198
Noninterest expense:
Salaries, benefits and commissions	283,609			279,132		277,166		279,769			276,647
Professional services	63,810			63,628		58,401		56,367			64,450
Equipment	62,627			59,697		59,508		60,441			57,739
Net occupancy	40,116			41,610		39,999		39,272			41,304
Money transfer expense	17,426			16,680		17,768		15,600			16,334
Marketing	13,018			13,316		11,506		12,709			9,447
Communications	5,406			5,002		5,463		5,175			5,423
Amortization of intangibles	4,093			4,093		4,094		4,093			9,125
Goodwill impairment	59,901			—		—		—			17,000
Other	64,064			73,113		67,132		118,718			81,226
Total noninterest expense	614,070			556,271		541,037		592,144			578,695
Net income before income tax expense	140,876			157,196		154,774		64,698			111,285
Income tax expense	51,473			36,845		32,272		25,431			19,637
Net income	89,403			120,351		122,502		39,267			91,648
Less: net income attributable to noncontrolling interests	441			523		518		528			490
Net income attributable to BBVA Compass Bancshares, Inc.	$	88,962		$	119,828	$	121,984	$	38,739		$	91,158
[a] Prior period financial information has been retrospectively adjusted to include the historical activity of the money business service subsidiaries purchased from BBVA Bancomer USA, Inc in June 2016.

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