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

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) announced its quarterly earnings data on Thursday. The bank reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03, Zacks reports. The firm had revenue of $12.33 billion for the quarter, compared to analyst estimates of $11.78 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.69%.

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

• Nearly €3.0 billion net attributable profit (up 10.8% YoY), EPS of €0.51 (+12.5% YoY) and industry‑leading return on tangible equity of 21.7%, underscoring a very strong quarter.
• Core revenues were robust — net interest income +20.2% YoY (loan growth ~17%) and fees +15.5% — management says rates appear to have bottomed, implying further NII upside if activity is sustained.
• Capital remains well above targets with a CET1 ratio of 12.83%; the nearly €4 billion buyback program is underway (€2.5bn executed, ~€1.5bn tranche starting May 6) and management reiterates commitment to return excess capital above the 12% CET1 threshold.
• Asset‑quality caution — cost of risk was 154bps including a ~€100m post‑model adjustment (mainly Spain and Turkey); Garanti BBVA (Turkey) shows elevated provisioning and management flags a downward bias to guidance amid macro and geopolitical uncertainty.
• Efficiency improved to 38% (would be 36.8% excluding a one‑off €125m voluntary redundancy charge); operating expenses rose as the bank invests for growth, with expected savings materializing through 2026.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA traded down $0.12 during trading on Friday, hitting $22.01. The company had a trading volume of 740,306 shares, compared to its average volume of 1,802,989. The company has a market cap of $125.63 billion, a PE ratio of 11.17, a P/E/G ratio of 0.59 and a beta of 0.86. The business has a 50-day moving average of $22.05 and a 200-day moving average of $22.28. Banco Bilbao Viscaya Argentaria has a 1-year low of $13.71 and a 1-year high of $26.20.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, April 27th. Investors of record on Thursday, April 9th were issued a $0.7084 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 57.36%.

Institutional Trading of Banco Bilbao Viscaya Argentaria

A number of institutional investors and hedge funds have recently modified their holdings of the business. Compound Planning Inc. increased its holdings in shares of Banco Bilbao Viscaya Argentaria by 14.2% in the 4th quarter. Compound Planning Inc. now owns 110,507 shares of the bank’s stock worth $2,576,000 after acquiring an additional 13,714 shares during the period. Corient Private Wealth LLC grew its position in Banco Bilbao Viscaya Argentaria by 8.3% in the 4th quarter. Corient Private Wealth LLC now owns 158,361 shares of the bank’s stock valued at $3,690,000 after buying an additional 12,136 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Banco Bilbao Viscaya Argentaria by 0.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 579,952 shares of the bank’s stock valued at $13,519,000 after buying an additional 4,809 shares in the last quarter. Beacon Pointe Advisors LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria by 5.4% during the 4th quarter. Beacon Pointe Advisors LLC now owns 19,362 shares of the bank’s stock valued at $451,000 after purchasing an additional 988 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter valued at about $390,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BBVA shares. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada lowered shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, April 2nd. Finally, UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.