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BBVABanco Bilbao Vizcaya Argentaria, S.A.
$26.12$144.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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BBVA logo

Banco Bilbao Vizcaya Argentaria, S.A.

BBVA
NYSE · Diversified Banks
$26.12
At close - Oct 10, 4:00 PM EDT - USD
Market Cap$144.32B
P/E13.8x
52W High$29.64
Volume1.94M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

High Efficiency Gains Mask Geopolitical and AOCI Risk

BBVA demonstrates improving profitability with a record 37.8% efficiency ratio and stable NIM of 0.8%, suggesting digital investments are driving operational excellence. However, its balance sheet is heavily exposed to interest rate sensitivity, with investmen...

GrowthAccelerating
ProfitabilityStrong
ValuationReview
TechnicalsMixed
Explore valuation models
MARKET ACTION

BBVA price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-11% Peers

P/E is 11% below peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 30
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Net interest income has stabilized in the $7.0B-$7.6B range over the last three quarters after significant volatility, while the efficiency ratio has dramatically improved to a peer-leading 37.8%, indicating strong operational leverage.

Analyst Consensus
Buy(13 analysts)
7 Buy5 Hold1 Sell

The Bull Case

Upside Catalysts

Record Profitability & Financial Strength

BBVA posted a record net profit of €10.5 billion in 2025, the highest in its history, driven by a 16.2% rise in lending and a Return on Tangible Equity (ROTE) of 19.3%. In 2024 the bank earned €10.1 billion, a 25% year‑over‑year increase, with a ROTE of 19.7% and a solid CET1 capital ratio of 12.7%.

Digital‑First Growth & Customer Acquisition

More than 50% of new clients are acquired digitally, and these digital customers become three times more profitable over time. BBVA’s app‑centric model lowers acquisition costs while accelerating customer base expansion in priority segments such as corporate banking and sustainable business.

Robust Shareholder Returns

BBVA plans to distribute over €5.2 billion as an ordinary dividend in 2025, representing 50% of earnings, and has announced an extraordinary share buyback program of nearly €4 billion. The bank also delivered a record €0.92 per share in cash dividends in 2025.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 10/12/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BBVA+11.83%
S&P 500 (^GSPC)+13.96%
1-Year Return
BBVA+50.76%
S&P 500 (^GSPC)+19.23%
3-Year Return
BBVA+251.12%
S&P 500 (^GSPC)+72.64%
5-Year Return
BBVA+335.16%
S&P 500 (^GSPC)+80.92%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
13.8x
Forward P/EExpansion
12.4x
EV/EBITDA20th %ile
6.6x
FCF YieldCash Flow
10.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.8x
7.1x
80th· High
EV/EBITDA
6.6x
8.3x
20th· Low
Price/FCF
9.8x
10.6x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$13.11-49.8%
Base (Fair)$21.65-17.1%
Bull$31.47+20.5%
$13.11 Bear$21.65 Base$31.47 Bull
Current Market Price: $26.12
Trades at a 20.6% premium to Base DCF ($21.65)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$36.93B+4149.3% YoY
Net income
$10.51B+4.5% YoY
Free cash flow
$13.16B+167.9% YoY
Operating margin
43.9%+1733.1 pts YoY
ROIC (TTM)7%
Avg ROIC 5Y-
ROE (TTM)17.3%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (73%)
Revenue Beat Rate8/12 (73%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.63+6.8%
vs $0.59
$12.1B+1.2%
vs $11.9B
Q2 2026
Apr 30, 2026
$0.60+5.3%
vs $0.57
$12.5B+6.1%
vs $11.8B
Q1 2026
Feb 5, 2026
$0.50+0.0%
vs $0.50
$11.6B+2.8%
vs $11.2B
Q4 2025
Oct 30, 2025
$0.49+2.1%
vs $0.48
$21.0B+97.2%
vs $10.6B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·5d ago
Banco Bilbao Viscaya Argentaria (NYSE:BBVA) and Raiffeisen Bank International (OTCMKTS:RAIFY) Financial Review

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) and Banco Bilbao Viscaya Argentaria (NYSE: BBVA - Get Free Report) are both large-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, risk and earnings. Profitability This table compares

Seeking Alpha·5d ago
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Discusses AI Transformation, Technology Strategy and Spanish Market Focus Transcript

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Discusses AI Transformation, Technology Strategy and Spanish Market Focus Transcript

MarketBeat·5d ago
Error: Response status code does not indicate success: 503 (Service Unavailable).

Banco Bilbao Viscaya Argentaria NYSE: BBVA outlined its artificial intelligence strategy, technology modernization plans and growth priorities for Spain during its second BBVA Strategic Talks event in Madrid.

Defense World·5d ago
Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE: BBVA - Get Free Report) have been given a consensus recommendation of "Hold" by the eight brokerages that are covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. Several brokerages

Filtered for Banco Bilbao Vizcaya Argentaria, S.A.More Headlines
04

Compare before deciding

Benchmark BBVA against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BBVA logoBBVABanco Bilbao Vizcaya Argentaria, S.A.Current
$26.12$144.32B13.794149.34%28.46%17.26%3.01%
SAN logoSANBanco Santander, S.A.
$13.49$198.01B13.84-5.18%22%14.61%—
ING logoINGING Groep N.V.
$33.37$96.45B14.052.26%16.53%13.08%—
ITUB logoITUBItaú Unibanco Holding S.A.
$10.16$111.98B12.904.21%12.29%21.05%—
BSBR logoBSBRBanco Santander (Brasil) S.A.
$5.81$43.5B17.78-3.79%21.61%11.41%—
UBS logoUBSUBS Group AG
$48.13$157.76B20.3913.72%12.2%10.03%—

Compare BBVA vs Peers

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SAN

Most directly comparable listed peer for BBVA.

Scale Benchmark

vs JPM

Larger-name benchmark to compare BBVA against a more recognizable public peer.

Peer Set

Compare Top 5

vs SAN, ING, ITUB, BSBR

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BBVA Frequently Asked Questions

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Banco Bilbao Vizcaya Argentaria, S.A. growing?

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) grew revenue by 4149.3% over the past year. This is strong growth.

Is BBVA profitable?

Yes, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is profitable, generating $11.12B in net income for fiscal year 2025 (28.5% net margin).

Dividend & Returns
Does BBVA pay dividends?

Yes, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) pays a dividend with a yield of 3.01%. This makes it attractive for income-focused investors.

What is BBVA's return on equity?

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a return on equity (ROE) of 17.3%. This is reasonable for most industries.

Industry Metrics
What is Banco Bilbao Vizcaya Argentaria, S.A.'s net interest margin?

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

What is Banco Bilbao Vizcaya Argentaria, S.A.'s efficiency ratio?

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has an efficiency ratio of 39.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in BBVA back in 1991?

Total return calculator · dividends reinvested · 35+ years of data

See returns →