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

Posted by Brenda Bartman on May 2nd, 2026

Banco Bilbao Viscaya Argentaria (NYSE:BBVA – Get Free Report) announced its quarterly earnings results on Thursday. The bank reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03, Zacks reports. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.69%. The company had revenue of $12.33 billion during 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 Performance

Shares of 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 market capitalization 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 firm’s 50-day moving average price is $22.05 and its two-hundred 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 company also recently declared a dividend, which was paid on Monday, April 27th. Investors of record on Thursday, April 9th were paid a $0.7084 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a dividend yield of 626.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 57.36%.

Analyst Ratings Changes

A number of brokerages recently weighed in on BBVA. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, April 2nd. Finally, Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Analysis on BBVA

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

Several large investors have recently made changes to their positions in the company. Compound Planning Inc. grew its stake 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 valued at $2,576,000 after buying an additional 13,714 shares in the last quarter. Corient Private Wealth LLC lifted its holdings 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 worth $3,690,000 after purchasing an additional 12,136 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings 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 worth $13,519,000 after purchasing an additional 4,809 shares during the last quarter. Beacon Pointe Advisors LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 5.4% in the 4th quarter. Beacon Pointe Advisors LLC now owns 19,362 shares of the bank’s stock worth $451,000 after purchasing an additional 988 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Banco Bilbao Viscaya Argentaria in the 4th quarter worth approximately $390,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Company Profile

(Get Free Report)

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.