Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Releases Earnings Results, Hits Expectations

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) announced its quarterly earnings results on Thursday. The bank reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50, FiscalAI reports. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. The firm had revenue of $43.38 billion for the quarter, compared to analyst estimates of $10.74 billion.

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

Shares of BBVA stock traded up $0.72 during trading hours on Friday, reaching $23.92. 4,930,717 shares of the stock were exchanged, compared to its average volume of 2,085,318. The firm has a market capitalization of $137.83 billion, a P/E ratio of 12.54, a P/E/G ratio of 0.89 and a beta of 0.80. The business’s fifty day moving average is $23.62 and its two-hundred day moving average is $20.55. Banco Bilbao Viscaya Argentaria has a 12-month low of $11.59 and a 12-month high of $26.20.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Zacks Research raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. 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, Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Peapack Gladstone Financial Corp boosted its holdings in Banco Bilbao Viscaya Argentaria by 4.1% in the second quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock worth $220,000 after purchasing an additional 563 shares during the period. ICONIQ Capital LLC raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 1.8% during the 2nd quarter. ICONIQ Capital LLC now owns 35,602 shares of the bank’s stock valued at $547,000 after purchasing an additional 644 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Banco Bilbao Viscaya Argentaria by 4.3% in the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after acquiring an additional 732 shares in the last quarter. Arlington Capital Management Inc. boosted 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 valued at $3,148,000 after acquiring an additional 818 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Banco Bilbao Viscaya Argentaria by 2.8% during the second quarter. Thrivent Financial for Lutherans now owns 35,760 shares of the bank’s stock worth $549,000 after purchasing an additional 965 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

About Banco Bilbao Viscaya Argentaria

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.