Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Issues Earnings Results

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) released its quarterly earnings results 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. Banco Bilbao Viscaya Argentaria had a return on equity of 17.69% and a net margin of 28.21%.The business had revenue of $12.33 billion for the quarter, compared to the consensus estimate of $11.78 billion.

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 Stock Down 0.5%

Shares of BBVA traded down $0.12 during trading hours 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 firm has a market cap of $125.63 billion, a P/E ratio of 11.17, a P/E/G ratio of 0.59 and a beta of 0.86. The stock’s 50 day moving average price is $22.05 and its 200 day moving average price is $22.28. Banco Bilbao Viscaya Argentaria has a 52-week low of $13.71 and a 52-week high of $26.20.

Banco Bilbao Viscaya Argentaria Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BBVA shares. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada downgraded Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, April 2nd. Finally, Wall Street Zen upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. 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, the stock presently has an average rating of “Hold”.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the third quarter worth about $51,000. Parkside Financial Bank & Trust increased its holdings in Banco Bilbao Viscaya Argentaria by 109.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,703 shares of the bank’s stock valued at $86,000 after purchasing an additional 1,938 shares during the period. Pin Oak Investment Advisors Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 272.8% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 4,407 shares of the bank’s stock valued at $85,000 after purchasing an additional 3,225 shares during the period. Brown Brothers Harriman & Co. increased its holdings in Banco Bilbao Viscaya Argentaria by 170.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,737 shares of the bank’s stock valued at $91,000 after purchasing an additional 2,988 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 495.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,081 shares of the bank’s stock valued at $118,000 after purchasing an additional 4,227 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

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.