Banco Bilbao Vizcaya Argentaria, S.A. Sponsored ADR (BBVA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.59	$0.6	+1.7%	—	$10.5B	—
Q1 26	$0.58	$0.6	+3.4%	—	$10.7B	—
Q4 25	$0.42	$0.4	-4.8%	—	$9.8B	—
Q3 25	$0.18	$0.38	+111.1%	—	$9.8B	—
Q2 25	$0.47	$0.53	+12.8%	—	$8.7B	—
Q1 25	$0.47	$0.51	+8.5%	—	$9.3B	—
Q4 24	$0.4	$0.42	+5.0%	—	$11B	—
Q3 24	$0.44	$0.48	+9.1%	—	$10.1B	—
Q2 24	$0.48	$0.51	+6.3%	—	$10.1B	—
Q1 24	$0.35	$0.36	+2.9%	—	$8.2B	—
Q4 23	$0.37	$0.36	-2.7%	—	$7.4B	—
Q3 23	$0.36	$0.35	-2.8%	—	$8B	—
Q2 23	$0.34	$0.36	+5.9%	—	$8B	—
Q1 23	—	$0.31	—	—	$7B	—
Q4 22	—	$0.26	—	—	$6.5B	—
Q3 22	—	$0.29	—	—	$7.6B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.76	—	—	$39.4B	—
FY24	—	$1.68	—	—	$46.3B	—
FY23	—	$1.29	—	—	$29.5B	—
FY22	—	$0.98	—	—	$28.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$26.1B	$25.7B	$23.6B	$23.3B	$22.3B	$23B	$28.1B	$29.5B	$46.3B	$39.4B
YoY change	+1.05%	-1.59%	-8.39%	-1.28%	-4.29%	+3.26%	+22%	+5.26%	+56.8%	-14.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	26.1B	25.7B	23.6B	23.3B	22.3B	23B	28.1B	29.5B	46.3B	39.4B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	10.2B	10B	8.6B	8.9B	8.1B	8.5B	9.5B	10.9B	14.5B	12.6B
Operating expenses	10.2B	10B	8.6B	8.9B	8.1B	8.5B	9.5B	10.9B	14.5B	12.6B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	6.4B	6.9B	7.6B	7B	5.2B	7.2B	10.3B	12.4B	18.2B	16.2B
Income tax	1.7B	2.2B	2B	1.9B	1.5B	1.9B	3.5B	4B	5.7B	5.1B
Net income	4.7B	4.8B	6.2B	4.3B	2.1B	5.6B	6.8B	8.4B	12.5B	11.1B
Net margin	17.9%	18.5%	26.4%	18.7%	9.25%	24.4%	24.1%	28.5%	27%	28.2%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	0.5	0.48	0.75	0.47	0.14	0.67	0.98	1.29	1.68	1.76
Diluted EPS	0.5	0.48	0.75	0.47	0.14	0.67	0.98	1.29	1.68	1.76

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	8B	7.4B	8.2B	10.1B	10.1B	11B	9.3B	8.7B	9.8B	9.8B	10.7B	10.5B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.9B	2.7B	3B	3.1B	3.4B	4.2B	3.2B	2.9B	3.2B	3.6B	3.6B	3.5B
Operating expenses	2.9B	2.7B	3B	3.1B	3.4B	4.2B	3.2B	2.9B	3.2B	3.6B	3.6B	3.5B
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	3.4B	2.9B	3.5B	4.3B	4.5B	4.4B	4.3B	4.1B	3.9B	3.9B	4.7B	4.9B
Income tax	1.2B	799M	1.2B	1.4B	1.3B	1.4B	1.5B	1.2B	1.2B	1.3B	1.5B	1.6B
Net income	2.1B	2.1B	2.3B	2.9B	3.2B	3.1B	2.9B	2.9B	2.7B	2.7B	3.2B	3.3B
Net margin	26.9%	28.7%	28.1%	29.1%	31.3%	27.8%	30.9%	33.5%	27.2%	27.2%	29.9%	31.2%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	0.33	0.33	0.36	0.47	0.44	0.4	0.45	0.46	0.42	0.42	0.51	0.53
Diluted EPS	0.33	0.33	0.36	0.47	0.44	0.4	0.45	0.46	0.42	0.42	0.51	0.53

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	45.4B	60.1B	33.9B	35.8B	31.7B	36.3B	35.9B	52.4B	—	—	—
Enterprise value	-6.4B	4.4B	-21.8B	-2.7B	-41.4B	-36.8B	-54.3B	-19B	—	—	—
Shares outstanding	6.7B	7.1B	6.4B	6.4B	6.4B	6.2B	6B	5.7B	6.8B	5.7B	5.7B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	9.67	12.6	5.44	8.24	15.4	6.45	5.31	6.22	—	—	—
P/S	1.74	2.34	1.44	1.54	1.42	1.58	1.28	1.77	—	—	—
P/B	0.82	1.13	0.64	0.65	0.63	0.74	0.71	0.95	—	—	—
EV/Sales	-0.24	0.17	-0.93	-0.12	-1.86	-1.6	-1.93	-0.64	—	—	—
Earnings yield	10.3%	7.91%	18.4%	12.1%	6.49%	15.5%	18.8%	16.1%	—	—	—
FCF yield	10.3%	0.63%	35.2%	-33.6%	120.5%	-6.03%	59.3%	-4.85%	—	—	—

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Net margin	17.9%	18.5%	26.4%	18.7%	9.25%	24.4%	24.1%	28.5%	27%	28.2%	28.2%
ROE	8.47%	8.92%	11.8%	7.91%	4.12%	11.5%	13.4%	15.2%	17.6%	18%	18%
ROA	—	—	—	—	—	—	—	—	1.37%	1.29%	1.29%
Return on tangible assets	—	—	—	—	—	—	—	—	1.38%	1.3%	1.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Debt / equity	1.38	1.2	1.21	1.31	1.38	1.27	1.19	1.34	1.27	1.45	1.45
Debt / assets	—	—	—	—	—	—	—	—	0.1	0.1	0.1
Effective tax rate	26.6%	31.4%	27%	27.6%	27.8%	26.3%	34.1%	32.2%	31.4%	31.4%	31.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.9	3.64	3.68	3.63	3.47	3.72	4.7	5.14	6.8	6.86	6.86
EPS (basic)	0.5	0.48	0.75	0.47	0.14	0.67	0.98	1.29	1.68	1.76	1.76
EPS (diluted)	0.5	0.48	0.75	0.47	0.14	0.67	0.98	1.29	1.68	1.76	1.76
Book value per share	8.26	7.54	8.26	8.56	7.79	7.89	8.46	9.62	10.4	10.8	10.8
FCF per share	0.7	0.05	1.86	-1.88	5.95	-0.35	3.56	-0.44	-3.5	2.29	2.29
Cash per share	19.1	16.9	18.7	17.3	22.2	21.8	25.2	25.3	20.6	22.3	22.3
Capex per share	0.08	0.04	0.03	0.11	0.01	0.05	0.3	0.18	0.19	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.98%	1.01%	0.9%	3.11%	0.33%	1.38%	6.35%	3.51%	2.78%	—	—
Capex / operating cash flow	1.76%	6.25%	1.31%	-8%	0.18%	104.6%	6.62%	22.4%	-8.69%	—	—
Payout ratio	34.1%	35.7%	33.8%	49.4%	51.7%	16.5%	32.3%	33.4%	37%	37.7%	37.7%
Dividend yield	3.52%	2.82%	6.22%	6%	3.36%	2.55%	6.09%	5.36%	—	—	—

Yield

—

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.708

ex-dividend Apr 9, 2026

Payout ratio

38%

of earnings

Dividend growth

4 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Apr 9, 2026	$0.708
Nov 6, 2025	$0.369
Apr 9, 2025	$0.4439

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$8B	$7.4B	$8.2B	$10.1B	$10.1B	$11B	$9.3B	$8.7B	$9.8B	$9.8B	$10.7B	$10.5B
YoY change	+4.12%	+14.6%	+18.1%	+26.5%	+26.7%	+47.9%	+13.4%	-14.1%	-3.02%	-11%	+14.2%	+20.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	128.4B	119.6B	119.7B	110.7B	142.3B	135B	150.4B	145.6B	140.3B	128.2B
Receivables	23.8B	22.7B	17.4B	17.3B	15.5B	19.5B	26B	25.1B	37.4B	—
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	8.3B	7B	7.1B	9.8B	8B	7.1B	8.4B	9B	11.2B	9.2B
Goodwill & intangibles	19.6B	16.9B	16.6B	13.9B	4.7B	4.4B	4.3B	4.7B	5.9B	5.7B
Total assets	—	—	—	—	—	—	—	—	912B	859.6B
Accounts payable	160M	—	—	—	—	—	—	—	—	—
Short-term debt	—	—	—	269M	244M	218M	142M	236M	206.6M	227M
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	76.6B	63.9B	64B	72B	69B	61.7B	60.1B	74B	89.4B	89.1B
Total liabilities	—	—	—	—	—	—	—	—	841.1B	797.8B
Shareholders' equity	55.4B	53.3B	52.9B	54.9B	50B	48.8B	50.5B	55.3B	70.9B	61.8B
Total debt	76.6B	63.9B	64B	72.2B	69.2B	61.9B	60.3B	74.2B	89.7B	89.3B
Net debt	27.4B	13.8B	585M	22.7B	-3.7B	-12.6B	-24.8B	-9.2B	18.9B	19.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	136.1B	145.6B	168.4B	113.9B	173.7B	140.3B	142.3B	131.3B	125.1B	128.2B	142.1B	170.7B
Receivables	—	25.1B	—	26.3B	—	37.4B	—	—	—	—	—	—
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	9.1B	9B	—	9.4B	—	11.2B	9.3B	—	9B	9.2B	—	—
Goodwill & intangibles	4.6B	4.7B	2.4B	4.8B	2.7B	5.9B	5B	2.6B	5.3B	5.7B	2.9B	3.1B
Total assets	—	—	801.7B	759.5B	889.8B	912B	772.9B	777B	813.1B	859.6B	894.3B	965.4B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	—	236M	—	—	—	206.6M	—	—	—	227M	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	70.4B	74B	73.6B	75B	77.9B	89.4B	72B	71.8B	84.1B	89.1B	87.6B	106.2B
Total liabilities	—	—	745.9B	702.4B	824.2B	841.1B	713.6B	716.1B	751.3B	797.8B	833.5B	901.6B
Shareholders' equity	53.5B	55.3B	55.8B	57.1B	65.7B	70.9B	59.3B	60.9B	61.8B	61.8B	60.8B	63.8B
Total debt	70.4B	74.2B	73.6B	75B	77.9B	89.7B	72B	71.8B	84.1B	89.3B	87.6B	106.2B
Net debt	-2B	-9.2B	-31.9B	21.7B	-26.5B	18.9B	-10.6B	-1.3B	18.1B	19.4B	7.4B	-2.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	4.7B	4.8B	6.2B	4.3B	2.1B	5.6B	6.8B	8.4B	12.5B	11.1B
Depreciation & amortization	1.4B	1.4B	1B	1.4B	1.3B	1.2B	1.3B	1.4B	1.8B	1.5B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	17.9B	-9.1B	2.4B	-23B	27.6B	-13B	8.4B	-15.9B	-44.8B	-7.2B
Operating cash flow	29.4B	4.1B	16.2B	-9.1B	41.3B	304M	27B	4.6B	-14.8B	15B
Capital expenditure	-517M	-259M	-212M	-724M	-74M	-318M	-1.8B	-1B	-1.3B	—
Investing cash flow	65M	3.4B	8.1B	625M	454M	-1.1B	-3.3B	-729M	-716.7M	320M
Dividends paid	-1.6B	-1.7B	-2.1B	-2.1B	-1.1B	-926M	-2.2B	-2.8B	-4.6B	-4.2B
Share repurchases	-2B	-1.7B	-1.7B	-1.1B	-807M	-1B	-3B	-2.2B	-1.8B	-2B
Financing cash flow	-1.1B	-98M	-5.1B	-2.7B	-2.1B	-4.3B	-7.6B	-1.8B	-3B	-3.7B
Net change in cash	28.3B	7.5B	19.2B	-11.1B	39.7B	-5.1B	16.1B	2.1B	-18.6B	11.6B
Free cash flow	4.7B	381M	11.9B	-12B	38.2B	-2.2B	21.3B	-2.5B	-23.9B	13.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q2 24	Q1 25	Q3 25	Q4 25
Net income	1.3B	1.1B	2B	1.7B	2B	2.1B	2.1B	2.1B	2.9B	2.9B	2.7B	2.7B
Depreciation & amortization	306M	346M	338M	338M	339M	337M	378M	349M	384M	378M	379M	393M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	1.7B	19.4B	-826M	-9B	2.9B	-15.9B	-9.7B	7.4B	-34B	-7.5B	14.8B	-1.9B
Operating cash flow	5.4B	17.9B	3.2B	-3.1B	7.1B	-10.1B	-5B	13.3B	-24.8B	-413M	17.2B	4B
Capital expenditure	61M	-1.5B	-225M	-127M	-266M	-194M	-532M	-45M	-271M	-131M	—	—
Investing cash flow	114M	-3.3B	-245M	241M	-222M	-93M	-476M	155M	-149M	-97M	54M	102M
Dividends paid	0	—	0	-722M	0	-1.9B	0	-951M	-2.2B	0	0	-1.8B
Share repurchases	-982M	—	-146M	-414M	-234M	-689M	447.3M	-1.7B	-627M	-103M	490M	-1.9B
Financing cash flow	-1.3B	-766M	-1.7B	-1.3B	-448M	-2.5B	142M	-548M	-2.8B	-280M	-1.5B	98M
Net change in cash	4.2B	13.9B	1.2B	-4.1B	6.4B	-12.7B	-5.3B	12.9B	-27.7B	-790M	15.7B	4.2B
Free cash flow	3.5B	15.3B	7.8B	-5.3B	3.3B	-11.6B	-5B	10.7B	-27.4B	-151M	16.8B	3.3B

Date	Ratio
Apr 11, 2012	48:47
Mar 29, 2011	60:59
Apr 7, 2009	10161:10000
Jul 14, 1998	3:1
Jul 22, 1997	3:1

Banco Bilbao Vizcaya Argentaria, S.A. Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history