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Banco Bilbao Vizcaya Argentaria/$BBVA

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About Banco Bilbao Vizcaya Argentaria

Despite its Spanish origins, Banco Bilbao Vizcaya Argentaria generates only around one-fourth of its profits in Spain. We expect that on a normalized basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.
Ticker
$BBVA
Sector
Finance
Primary listing
NYSE
Employees
127,216
Headquarters
Bilbao, Spain

BBVA Metrics

BasicAdvanced
$128B
10.55
$2.22
0.90
$1.20
2.86%

What the Analysts think about BBVA

Analyst ratings (Buy, Hold, Sell) for Banco Bilbao Vizcaya Argentaria stock.
Analyst projections of the future price of Banco Bilbao Vizcaya Argentaria stock.

Bulls say / Bears say

BBVA posted record first-half profit of €6.05 billion, up 11.1% year on year, with return on tangible equity at 22.2%. That points to strong earnings momentum and high returns. (BBVA)
Mexico remains a powerful earnings engine: its first-half profit rose 8.2% to €2.98 billion, supported by 9.9% loan growth and higher net interest income. This gives BBVA a sizeable source of growth beyond its home market. (BBVA)
BBVA’s capital position supports further shareholder returns: it announced a new €2 billion buyback while its CET1 ratio stood at 12.9%, above its 11.5%–12% target range. Buybacks can lift per-share value if earnings and capital remain resilient. (BBVA)
Credit costs are rising: impairment charges on financial assets were 24.2% higher year on year in the first half. If loan losses keep increasing, they could erode the benefit of strong lending growth. (BBVA)
Turkey is a near-term weak spot, with higher inflation and interest-rate expectations weighing on the outlook; BBVA now sees around €1 billion of Turkish profit in 2026 with a downward bias. It has also pushed back its expected exit from hyperinflation accounting beyond 2028. (Investing.com)
BBVA’s large exposure to Mexico leaves group earnings sensitive to a local slowdown: Mexico generated nearly half of first-half group profit, while wider private-sector lending there grew 3.8% in real terms in the first quarter amid weaker financing conditions. (BBVA, BBVA Research)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.

BBVA Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

BBVA Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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