Spanish banking group providing retail and corporate financial services, with major operations in Spain, Mexico and other international markets.
Profile & Fundamentals
BBVA: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
BBVA Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The company offers traditional retail, wholesale, investment, and transaction banking. It also engages in financial, insurance, asset management, and capital markets businesses, as well as digital banking. The company was formerly known as Banco Bilbao Vizcaya, S.A. and changed its name to Banco Bilbao Vizcaya Argentaria, S.A. in January 2000. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.
Company profile record
Banco Bilbao Vizcaya Argentaria SA
Common Stock · Financials · Diversified Banks
Company
- Company / asset
- Banco Bilbao Vizcaya Argentaria SA
- Security type
- Common Stock
- Sector
- Financials
- Industry
- Diversified Banks
- HQ
- 🇪🇸 Spain
- Head office
- Plaza San Nicolás, 4, Bilbao, Spain, 48005
Leadership & scale
- Chief executive
- Mr. Onur Genc
- CEO year born
- 1974
- Full-time employees
- 127K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 133.6B
- P/E
- 12.0x
- Revenue (Q2 26)
- EUR 10.5B
- Profit (Q2 26)
- EUR 3.1B
- Dividend Yield
- 3.8%
- Revenue (FY 25)
- EUR 36.9B
- Shares in public float
- 5.7B
- Insider ownership
- 0.1%
Reporting & identifiers
- Symbol
- BBVA.BME
- Listing
- 🇪🇸 Spain | Dividend Tax: 0%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- ES0113211835
- Asset ID
- equity_bd8204d4-2b02-5aa5-9bd9-6cf1bf2406cd
Ownership
Shares Outstanding
Latest: 5.5B | Max: 7.3B | Min: 5.5B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
104.25%
5.7B latest reported shares
Insider Ownership
0.10%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 6,654,547,000 |
| 2018-01-01 | 7,150,000,000 |
| 2019-01-01 | 6,655,269,000 |
| 2020-01-01 | 7,333,333,000 |
| 2021-01-01 | 6,540,253,000 |
| 2022-01-01 | 6,512,500,000 |
| 2023-01-01 | 5,837,940,400 |
| 2024-01-01 | 5,756,619,000 |
| 2025-01-01 | 5,691,360,000 |
| 2026-01-01 | 5,504,224,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The bank reported record financial performance in the first half of 2026, generating 6.05 billion euros in net profit, an eleven percent increase over the prior year. Strong lending activity in Mexico and healthy domestic customer margins drove this momentum, while expanding fee income from corporate and investment banking provided valuable balance-sheet diversification. However, these headline profits reflect conditions near the peak of the interest rate cycle. As central banks begin easing monetary policy and loan loss provisions gently normalize from unusually low levels, future profit growth will depend more on disciplined cost control and volume growth than expanding lending margins.
The bank reported record financial performance in the first half of 2026, generating 6.05 billion euros in net profit, an eleven percent increase over the prior year. Strong lending activity in Mexico and healthy domestic customer margins drove this momentum, while expanding fee income from corporate and investment banking provided valuable balance-sheet diversification. However, these headline profits reflect conditions near the peak of the interest rate cycle. As central banks begin easing monetary policy and loan loss provisions gently normalize from unusually low levels, future profit growth will depend more on disciplined cost control and volume growth than expanding lending margins.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 36.9B | Max: EUR 117.3B | Min: EUR -9.6B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 11x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability has reached historic peaks, highlighted by a return on tangible equity of 22.2 percent in the first half of 2026 and an operating margin near forty-four percent. Wide lending spreads in Mexico and an industry-leading digital cost-to-income ratio below thirty-eight percent explain this exceptional efficiency. Yet these stellar margins represent a cyclical ceiling rather than a permanent new normal. As deposit competition in Spain increases and benchmark interest rates plateau, net interest spreads will narrow. Combined with normalizing credit provisions, group profitability is expected to settle into a more sustainable mid-cycle range.
Profitability has reached historic peaks, highlighted by a return on tangible equity of 22.2 percent in the first half of 2026 and an operating margin near forty-four percent. Wide lending spreads in Mexico and an industry-leading digital cost-to-income ratio below thirty-eight percent explain this exceptional efficiency. Yet these stellar margins represent a cyclical ceiling rather than a permanent new normal. As deposit competition in Spain increases and benchmark interest rates plateau, net interest spreads will narrow. Combined with normalizing credit provisions, group profitability is expected to settle into a more sustainable mid-cycle range.
Profitability Margins
Latest: 83.6% | Max: 100.0% | Min: -18.8%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
83.6%
Gross profit / revenue
Operating Margin
43.9%
Operating income / revenue
Net Margin
28.5%
Net income / revenue
FCF Margin
317.6%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 27,715,820,000 | 3,683,500,000 | 4,945,960,000 |
| 2017-12-31 | 30,618,700,000 | 4,181,660,000 | 849,660,000 |
| 2018-12-31 | 26,870,940,000 | 6,156,000,000 | 8,172,660,000 |
| 2019-12-31 | 26,062,400,000 | 3,933,440,000 | -10,745,280,000 |
| 2020-12-31 | 27,170,620,000 | 1,592,100,000 | 46,635,720,000 |
| 2021-12-31 | 35,709,360,000 | 5,304,420,000 | -2,494,320,000 |
| 2022-12-31 | 26,475,010,000 | 6,869,400,000 | 22,765,320,000 |
| 2023-12-31 | 64,006,800,000 | 8,820,900,000 | -2,794,000,000 |
| 2024-12-31 | 36,901,280,000 | 10,456,160,000 | 34,049,600,000 |
| 2025-12-31 | 43,208,100,000 | 12,297,870,000 | 137,245,680,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 10.86 | Trailing four quarters |
| 2024-12-31 | 5.41 | Trailing four quarters |
| 2023-12-31 | 5.99 | Trailing four quarters |
| 2022-12-31 | 5.71 | Annual net income |
| 2021-12-31 | 7.38 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 100 | 24.45 | 13.29 | 17.85 |
| 2017-12-31 | 100 | 26.94 | 13.66 | 2.77 |
| 2018-12-31 | 100 | 32.09 | 22.91 | 30.41 |
| 2019-12-31 | 100 | 30.28 | 15.09 | -41.23 |
| 2020-12-31 | 100 | 23.56 | 5.86 | 171.64 |
| 2021-12-31 | 63.76 | 23.14 | 14.85 | -6.99 |
| 2022-12-31 | 0.04 | 40.21 | 25.95 | 85.99 |
| 2023-12-31 | 49.78 | 21.34 | 13.78 | -4.37 |
| 2024-12-31 | -18.76 | 43.42 | 28.34 | 92.27 |
| 2025-12-31 | 83.56 | 43.94 | 28.46 | 317.64 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-17.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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