Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) released its quarterly earnings data on Thursday. The bank reported $0.60 EPS for the quarter, topping the consensus estimate of $0.57 by $0.03, Zacks reports. The company had revenue of $12.33 billion during the quarter, compared to the consensus estimate 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

NYSE:BBVA traded down $0.12 during trading hours on Friday, hitting $22.01. The stock had a trading volume of 740,306 shares, compared to its average volume of 1,802,989. The company has a 50 day simple moving average of $22.05 and a two-hundred day simple moving average of $22.28. Banco Bilbao Viscaya Argentaria has a one year low of $13.71 and a one year high of $26.20. The firm has a market capitalization of $125.63 billion, a price-to-earnings ratio of 11.17, a P/E/G ratio of 0.59 and a beta of 0.86.

Banco Bilbao Viscaya Argentaria Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently commented on BBVA shares. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Institutional Trading of Banco Bilbao Viscaya Argentaria

A number of hedge funds have recently made changes to their positions in the stock. Compound Planning Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 14.2% during 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 last quarter. Corient Private Wealth LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 8.3% during the 4th quarter. Corient Private Wealth LLC now owns 158,361 shares of the bank’s stock worth $3,690,000 after acquiring an additional 12,136 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 0.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 579,952 shares of the bank’s stock worth $13,519,000 after acquiring an additional 4,809 shares during the last quarter. Beacon Pointe Advisors LLC lifted its holdings 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 worth $451,000 after acquiring an additional 988 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter worth $390,000. 2.96% of the stock is owned by 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.