Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Announces Quarterly Earnings Results, Meets Estimates

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) released its quarterly earnings results on Thursday. The bank reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50, FiscalAI reports. The business had revenue of $43.38 billion during the quarter, compared to the consensus estimate of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.07% and a net margin of 28.58%.

Here are the key takeaways from Banco Bilbao Viscaya Argentaria’s conference call:

• BBVA reported a record net attributable profit of EUR 10.5 billion (up 4.5% y/y), supported by exceptional loan growth of 16.2% and a return on tangible equity of 19.3%, achieved despite falling interest rates.
• Management increased shareholder returns with a regular cash distribution of EUR 5.2 billion (€0.92/share) and is executing an extraordinary EUR 4 billion buyback (first €1.5bn tranche underway).
• Strategic execution accelerated—BBVA added a record 11.5 million gross new customers, prioritized growth in enterprises, sustainability and capital‑light fee businesses, and began broad AI adoption (employees granted OpenAI/Gemini access) to boost cross‑sell and efficiency.
• Rapid, profitable loan growth drove higher RWAs and year‑end operational risk (4Q op‑risk impact), reducing headroom—CET1 was 13.75% pre‑distributions and dropped to 12.70% after the €4bn buyback.
• Customer spreads compressed (around a 41 bp decline) and management guided conservatively for NII in 2026; regionally, a late Turkey tax change and elevated provisioning (e.g., Argentina retail) weighed on near‑term earnings.

Banco Bilbao Viscaya Argentaria Price Performance

NYSE BBVA traded up $0.73 on Friday, hitting $23.93. 4,893,060 shares of the company were exchanged, compared to its average volume of 2,084,368. Banco Bilbao Viscaya Argentaria has a twelve month low of $11.59 and a twelve month high of $26.20. The firm has a market capitalization of $137.90 billion, a P/E ratio of 12.52, a price-to-earnings-growth ratio of 0.89 and a beta of 0.80. The company’s 50 day moving average price is $23.62 and its 200-day moving average price is $20.55.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Peapack Gladstone Financial Corp grew its stake in shares of Banco Bilbao Viscaya Argentaria by 4.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock valued at $220,000 after buying an additional 563 shares in the last quarter. ICONIQ Capital LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 1.8% in the second quarter. ICONIQ Capital LLC now owns 35,602 shares of the bank’s stock worth $547,000 after purchasing an additional 644 shares in the last quarter. Focus Partners Wealth raised its holdings in Banco Bilbao Viscaya Argentaria by 4.3% during the first quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after buying an additional 732 shares in the last quarter. Arlington Capital Management Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 0.5% in the third quarter. Arlington Capital Management Inc. now owns 163,509 shares of the bank’s stock worth $3,148,000 after buying an additional 818 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Banco Bilbao Viscaya Argentaria by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 35,760 shares of the bank’s stock valued at $549,000 after acquiring an additional 965 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BBVA shares. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They set an “equal weight” rating for the company. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.