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

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) released its quarterly earnings data on Thursday. The bank reported $0.50 EPS for the quarter, meeting the consensus estimate 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 business had revenue of $43.38 billion during the quarter, compared to the consensus estimate 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

BBVA stock traded up $0.75 during mid-day trading on Friday, reaching $23.95. The company had a trading volume of 5,066,186 shares, compared to its average volume of 2,087,722. The company has a market capitalization of $138.00 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 0.89 and a beta of 0.80. The firm has a 50 day moving average of $23.62 and a 200 day moving average of $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

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BBVA. Sivia Capital Partners LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 9.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock worth $370,000 after buying an additional 2,090 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Banco Bilbao Viscaya Argentaria by 2.8% in the second quarter. Thrivent Financial for Lutherans now owns 35,760 shares of the bank’s stock worth $549,000 after acquiring an additional 965 shares during the period. Brooklyn Investment Group grew its holdings in Banco Bilbao Viscaya Argentaria by 94.0% during the 3rd quarter. Brooklyn Investment Group now owns 34,508 shares of the bank’s stock worth $664,000 after acquiring an additional 16,723 shares in the last quarter. Lido Advisors LLC increased its position in Banco Bilbao Viscaya Argentaria by 39.0% during the 3rd quarter. Lido Advisors LLC now owns 35,751 shares of the bank’s stock valued at $688,000 after purchasing an additional 10,031 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria in the 3rd quarter worth approximately $805,000. Institutional investors own 2.96% of the company’s stock.

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.