Banco Bilbao Vizcaya Argentaria, S.A.
BBVABanco Bilbao Vizcaya Argentaria, S.A.'s price has outrun its earnings. +72.0% in a year against EPS +4.8% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +72.0% in a year while annual EPS moved +4.8% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (81 weeks in) while the P/BV sits at the 100th percentile of its own 5-year range. Underneath, the last four quarters read improving — profit +10.8% year on year, with the the net margin at 36.1%. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Banco Bilbao Vizcaya Argentaria, S.A. trades at $26.5, in a confirmed uptrend and 81 weeks into that stage. That is +16.9% against its own 200-day average. It sits at 100% of a 52-week range of $18 to $27. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 8 straight weeks.
Today the stock is in a confirmed uptrend — week 81 of stage 2. At $26.5 it trades +16.9% versus its 200-day average and sits at 100% of its 52-week range ($18–$27).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +380% while the S&P 500 moved +248% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 8 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/BV sits at the 100th percentile of its own range.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each $1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
Banco Bilbao Vizcaya Argentaria, S.A. trades at 2.1× P/BV, about the priciest it has ever traded. Its long-run median P/BV is 0.8×, measured across 5.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 2.1× is about the priciest it has ever traded, against a long-run median of 0.8× measured over 5.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year book value grew while the price moved +72.0% — the price ran ahead of the book, pushing the multiple up its own range.
The price move, decomposed: over 5y, of the +33.0%/yr price move, ~+7.8%/yr came from book-value growth and ~+25.2 pp from the multiple (expanding). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the book-value line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Topping out Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Banco Bilbao Vizcaya Argentaria, S.A. reads as topping out on its fundamental arc. Topping out — profit and EPS growth have decelerated hard (profit growth +26.7% at its peak → +2.6% latest) while ROE still reads 18.8%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: decelerating from a peak is where good stories quietly end — the multiple usually notices late.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +3.8% | +13.0% | — | — |
| Profit | +5.3% | +18.1% | — | — |
| EPS | +4.8% | +21.6% | — | — |
| Stock price | +72.0% | +48.8% | +33.0% | +16.3% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
45.9/100 — rank 10 of 18 in Banks - Diversified · 62% evidence confidence
Banco Bilbao Vizcaya Argentaria, S.A. scores 45.9 out of 100 against the 18 companies it is compared with in Banks - Diversified, ranking 10. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 11.8 + 13.4 + 8.6 + 12.1 = 45.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fees from its businesses.
Banco Bilbao Vizcaya Argentaria, S.A. reported $8.8 B of income in the Mar 26 quarter, +11.2% year on year. That is the 3rd straight quarter of year-on-year growth. Over 4 years it has compounded at 14.4% a year. The last full year, FY25, came in at $30.9 B. The last four reported quarters add to $31.8 B.
Banco Bilbao Vizcaya Argentaria, S.A. reported $8.8 B of income in the Mar 26 quarter, +11.2% year on year. That is the 3rd straight quarter of year-on-year growth. Over 4 years it has compounded at 14.4% a year. The last full year, FY25, came in at $30.9 B. The last four reported quarters add to $31.8 B.
FY25 revenue came in at $30.9 B (+3.8% on the year), capping 4 years at 14.4% compound. The latest quarter (Mar 26) printed $8.8 B, +11.2% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +3.0% growth against the decade's 14.4% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +3.0% over the last 4 quarters against +10.5%/yr over the last 8 — rolling over; TTM profit +2.6% vs +14.5%/yr — rolling over.
→ Revenue grew — did the net margin hold as it scaled? Next: 36.1% this quarter (−0.2 pp YoY).
Net margin Net margin — what the bank keeps of every $100 of revenue after every cost, provision and tax. With big fee businesses in the mix, it is the cleanest margin we can read for this bank.
Banco Bilbao Vizcaya Argentaria, S.A.'s net margin is 36.1% in the Mar 26 quarter, −0.2 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the net margin has ranged 31.2% to 36.1%. The current quarter sits inside that band.
Banco Bilbao Vizcaya Argentaria, S.A.'s net margin is 36.1% in the Mar 26 quarter, −0.2 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the net margin has ranged 31.2% to 36.1%. The current quarter sits inside that band.
The latest quarter's net margin is 36.1%, −0.2 pp against the same quarter a year ago. Across 5 fiscal years the net margin has ranged 31.2%–36.1%, and FY25's 36.1% is the top of that band — a record year.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ The net margin slipped — did that reach the bottom line? Next: profit +10.8% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Banco Bilbao Vizcaya Argentaria, S.A. earned $3.2 B of net profit in the Mar 26 quarter, +10.8% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was $11.1 B. The 4-year compound rate is 18.6%. That is 36.1% of the quarter's revenue. The same quarter a year earlier earned $2.9 B.
Banco Bilbao Vizcaya Argentaria, S.A. earned $3.2 B of net profit in the Mar 26 quarter, +10.8% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was $11.1 B. The 4-year compound rate is 18.6%. That is 36.1% of the quarter's revenue. The same quarter a year earlier earned $2.9 B.
Mar 26 profit was $3.2 B, +10.8% year on year — the 2nd consecutive quarter of growth. On the full year, FY25 printed $11.1 B (+5.3%), and the 4-year compound rate is 18.6%.
Why profit moved: revenue contributed +11.2% and the margin −0.2 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +2.6% vs revenue +3.0%. Profit and revenue are moving roughly in step.
→ Profit is up — how clean is the loan book behind it? Next: we hold no quarterly loan-book numbers — the section says so plainly.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Loan-book quality history is not available for Banco Bilbao Vizcaya Argentaria, S.A., so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line. The income, margin and return sections above carry the evidence this business does report.
We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.
Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.
→ Behind the profits — is the book itself still growing? Next: revenue grew +3.8% in FY25.
The loan book We read the loan book through revenue — when the book and the businesses grow, revenue grows with them. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
Banco Bilbao Vizcaya Argentaria, S.A.'s revenue grew +3.8% in FY25 to $30.9 B, so the book is growing. The latest quarter ran +11.2% year on year. The net margin on that income is 36.1%, −0.2 percentage points against a year ago.
FY25 revenue was $30.9 B, +3.8% on the year, and the latest quarter ran +11.2% year on year. The net margin on that revenue is 36.1% this quarter (−0.2 pp YoY) — growth with a narrowing margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — with quarterly loan-quality numbers missing here, revenue growth and margin are the two we watch.
→ Does all of this actually earn its keep on equity? Next: ROE is 19%.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
Banco Bilbao Vizcaya Argentaria, S.A. earns a return on equity of 18% in FY25. Its trough over the ladder below was 12% in FY21. On the asset side every $100 of the balance sheet earned about $1.37, which is the return before leverage is applied.
FY25 ROE came in at 18%, recovered from a FY21 trough of 12%. On assets, the latest reading is about 1.37% — every $100 the bank deploys earns roughly $1.37 a year. That clears the bar a bank must beat for its book value to compound.
Why ROE moved: profit compounded 18.6% a year over 4 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
→ Who owns this bank, and are they adding or leaving? Next: the register.
Dividend A dividend is cash paid out per share. Dividend per share is the declared amount for the period; the trailing twelve-month total is the four most recent quarters added together.
Banco Bilbao Vizcaya Argentaria, S.A. paid $1.62 per share over the last four reported quarters, up 46.3% on a year ago. The most recent declaration was $0.60 for Dec 25. Against the current price of $26.5 that is a trailing yield of 6.11%, measured on dividends already paid rather than on a forecast.
Banco Bilbao Vizcaya Argentaria, S.A. paid $1.62 per share over the last four reported quarters, up 46.3% on a year ago. The most recent declaration was $0.60 for Dec 25. Against the current price of $26.5 that is a trailing yield of 6.11%, measured on dividends already paid rather than on a forecast.
Banco Bilbao Vizcaya Argentaria, S.A. paid $1.62 per share across the last four reported quarters, most recently $0.60 for Dec 25. That is up 46.3% against the same quarter a year earlier. Against the current price of $26.5 the trailing twelve months work out to 6.11% — trailing dividends measured against today's price, not a forward estimate.
→ A payout is cash leaving the business. Next: what the balance sheet looks like behind it.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
→ Who owns this, and are they adding or leaving? Next: the register.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
No ownership or positioning reading is held for Banco Bilbao Vizcaya Argentaria, S.A., so this section names the gap rather than filling it. At typical trading volumes those positions would take about 0.6 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
We hold no ownership or positioning reading for this stock, so this section says that plainly.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Banco Bilbao Vizcaya Argentaria, S.A.: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | P/BV | Mkt cap | Revenue | EPS | ROE | Stage |
|---|---|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria, S.A. this page | 2.1× | $147B | Mixed | |||
| JPMorgan Chase & Co. | 2.7× | $950B | Turning around | |||
| Bank of America Corporation | 1.6× | $439B | Improving | |||
| HSBC Holdings plc | 1.8× | $353B | Turning around | |||
| Royal Bank of Canada | 2.8× | $292B | Consistent | |||
| Wells Fargo & Company | 1.6× | $263B | Mixed | |||
| Mitsubishi UFJ Financial Group, Inc. | 1.9× | $252B | Mixed | |||
| Citigroup Inc. | 1.2× | $222B | Mixed | |||
| The Toronto-Dominion Bank | 2.2× | $199B | Topping out | |||
| Banco Santander, S.A. | 1.5× | $199B | Improving | |||
| UBS Group AG | 1.7× | $161B | Improving | |||
| Sumitomo Mitsui Financial Group, Inc. | 1.4× | $161B | Turning around | |||
| Bank of Montreal | 2.0× | $127B | Mixed | |||
| The Bank of Nova Scotia | 1.7× | $109B | Mixed | |||
| Canadian Imperial Bank of Commerce | 2.2× | $108B | Consistent | |||
| The Bank of New York Mellon Corporation | 2.7× | $106B | Mixed | |||
| ING Groep N.V. | 1.6× | $95B | Improving | |||
| Barclays PLC | 0.9× | $91B | Mixed | |||
| The Bank of N.T. Butterfield & Son Limited | 2.1× | $2B | Improving | |||
| Forbright, Inc. | 1.0× | $1B | — | — | — | — |
Frequently asked questions
What is Banco Bilbao Vizcaya Argentaria, S.A.'s stock price today?
Banco Bilbao Vizcaya Argentaria, S.A. trades at $26.5, +72.0% over the past year. The company is valued at $147 B. The stock sits at 100% of its 52-week range of $18–$27, +16.9% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 81 weeks in. — as of 29 July 2026.
What were Banco Bilbao Vizcaya Argentaria, S.A.'s latest quarterly results?
Banco Bilbao Vizcaya Argentaria, S.A. reported total income of $8.8 B and net profit of $3.2 B for the Mar 26 quarter. Income rose 11.2% and profit rose 10.8% year on year. Earnings per share were $0.51. The net margin was 36.1%, 0.2 pp lower than a year earlier. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s revenue?
Banco Bilbao Vizcaya Argentaria, S.A. reported revenue of $8.8 B in the Mar 26 quarter, +11.2% year on year. For the full FY25 fiscal year, revenue was $30.9 B (+3.8%). Over the last 4 years revenue compounded at 14.4% a year. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s profit?
Banco Bilbao Vizcaya Argentaria, S.A. earned $3.2 B of net profit in the Mar 26 quarter, +10.8% year on year — the 2nd straight quarter of growth. Full-year FY25 profit was $11.1 B. The net margin ran 36.1% in the latest quarter. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s market cap?
Banco Bilbao Vizcaya Argentaria, S.A.'s market capitalisation is $147 B at a stock price of $26.5. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s P/BV ratio?
Banco Bilbao Vizcaya Argentaria, S.A. trades at a P/BV of 2.1×, at the 100th percentile of its own 5-year range, against a long-run median of 0.8×. This is a comparison with the stock's own history, not a value call — as of 29 July 2026.
Does Banco Bilbao Vizcaya Argentaria, S.A. pay a dividend?
Yes — Banco Bilbao Vizcaya Argentaria, S.A. declared $0.60 per share for Dec 25, and $1.62 per share across the last four reported quarters. The latest quarter is up 46.3% on the same quarter a year earlier. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s dividend per share?
Banco Bilbao Vizcaya Argentaria, S.A.'s most recently declared dividend is $0.60 per share for Dec 25, giving $1.62 per share over the trailing twelve months. Each figure is the amount declared for that quarter as reported, added across four quarters for the trailing total. — as of 29 July 2026.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s dividend yield?
Banco Bilbao Vizcaya Argentaria, S.A.'s trailing dividend yield is 6.11%: $1.62 declared per share across the last four reported quarters, against a share price of $26.5. Each quarter’s figure is the amount declared for that quarter as reported, added across four quarters and divided by the latest close. — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A. overvalued?
On its own history, Banco Bilbao Vizcaya Argentaria, S.A. looks expensive against its own history: its P/BV of 2.1× sits at the 100th percentile of its 5-year range (long-run median 0.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: the net margin is the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A. growing?
Yes — Banco Bilbao Vizcaya Argentaria, S.A. is growing: latest-quarter revenue +11.2% year on year, profit +10.8%, and the the net margin −0.2 pp at 36.1%. The 4-year compound rates are 14.4% (revenue) and 18.6% (profit). The earnings engine currently reads: improving — as of 29 July 2026.
How is Banco Bilbao Vizcaya Argentaria, S.A. performing?
Banco Bilbao Vizcaya Argentaria, S.A. is in a confirmed uptrend, 81 weeks in. Its latest quarter's income rose 11.2% and profit rose 10.8% year on year. Against the S&P 500 it has been ahead on a trailing-13-week view for 8 weeks. This describes what the data did, not a rating. — as of 29 July 2026.
What stage is Banco Bilbao Vizcaya Argentaria, S.A. in?
Topping out — profit and EPS growth have decelerated hard (profit growth +26.7% at its peak → +2.6% latest) while ROE still reads 18.8%. The read comes from the last 12 quarters of growth (revenue growth +3.0% latest, profit growth +2.6% latest, eps growth +2.8% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A. in an uptrend?
Yes — the price is in a confirmed uptrend (week 81 of stage 2), trading +16.9% versus its 200-day average and at 100% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A. beating the market?
On recent form, yes — Banco Bilbao Vizcaya Argentaria, S.A. has been ahead of the S&P 500 on a trailing-13-week view for 8 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +380% against the S&P 500's +248% — ahead of the index over the full window. — as of 29 July 2026.
Will Banco Bilbao Vizcaya Argentaria, S.A.'s stock price go up?
This page publishes no price forecast for Banco Bilbao Vizcaya Argentaria, S.A. What it measures instead: the stock price is $26.5, the price is in a confirmed uptrend 81 weeks in. Its P/BV of 2.1× sits at the 100th percentile of its own 5-year range. — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A.'s loan book healthy?
We do not hold quarterly loan-book quality numbers for Banco Bilbao Vizcaya Argentaria, S.A., so this page says that plainly. The cleanest available reads are revenue growth (+3.8% in FY25) and the net margin on it (36.1%) — as of 29 July 2026.
Where is Banco Bilbao Vizcaya Argentaria, S.A. in its business cycle?
Banco Bilbao Vizcaya Argentaria, S.A.'s FY25 net margin was 36.1%, against a 5-year band of 31.2%–36.1%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 36.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 29 July 2026.
What could break the Banco Bilbao Vizcaya Argentaria, S.A. story?
The sharpest disagreement: the price moved +72.0% in a year while annual EPS moved +4.8% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 29 July 2026.
Is Banco Bilbao Vizcaya Argentaria, S.A. a stock worth studying right now?
This is not investment advice. The machine read: Banco Bilbao Vizcaya Argentaria, S.A.'s price has outrun its earnings. +72.0% in a year against EPS +4.8% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 29 July 2026.