Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Feb 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BBVA SEC filings page.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reported $370.9M in revenue for fiscal year 2025, up 33.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Banco Bilbao Vizcaya Argentaria, S.A.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Banco Bilbao Vizcaya Argentaria, S.A. earned a return on assets of 1.2% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 1.3% the prior year. Earnings ranks banks on that return over three years, and Banco Bilbao Vizcaya Argentaria, S.A. scores 75/100 among other banks.
Banco Bilbao Vizcaya Argentaria, S.A. reported revenue of $370.9M in fiscal year 2025, against $278.4M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Banco Bilbao Vizcaya Argentaria, S.A. scores 62/100 among other banks.
Banco Bilbao Vizcaya Argentaria, S.A. funded 7.2% of its assets with shareholders' equity at the end of fiscal year 2025, holding $72.5B of equity against $1.0T of assets. Capital ranks banks on that cushion, and Banco Bilbao Vizcaya Argentaria, S.A. scores 8/100 among other banks.
Not available for Banco Bilbao Vizcaya Argentaria, S.A., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for Banco Bilbao Vizcaya Argentaria, S.A., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Banco Bilbao Vizcaya Argentaria, S.A. reported net income of $12.3B in fiscal year 2025, against $10.4B in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Banco Bilbao Vizcaya Argentaria, S.A. scores 47/100 among other banks.
Banco Bilbao Vizcaya Argentaria, S.A. passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
Banco Bilbao Vizcaya Argentaria, S.A. earns $0.50 in operating income for every $1 of interest expense ($19.0B vs $37.6B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Banco Bilbao Vizcaya Argentaria, S.A. generated $370.9M in revenue in fiscal year 2025. This represents an increase of 33.2% from the prior year.
Banco Bilbao Vizcaya Argentaria, S.A.'s EBITDA was $20.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.7% from the prior year.
Banco Bilbao Vizcaya Argentaria, S.A. reported $12.3B in net income in fiscal year 2025. This represents an increase of 18.5% from the prior year.
Banco Bilbao Vizcaya Argentaria, S.A. earned $2.07 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.8% from the prior year.
Cash & Balance Sheet
Banco Bilbao Vizcaya Argentaria, S.A. generated $16.6B in free cash flow in fiscal year 2025, representing cash available after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Banco Bilbao Vizcaya Argentaria, S.A. held $69.1B in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Banco Bilbao Vizcaya Argentaria, S.A.'s ROE was 17.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Banco Bilbao Vizcaya Argentaria, S.A. spent $2.3B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 48.0% from the prior year.
Banco Bilbao Vizcaya Argentaria, S.A. invested $970.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 21.5% from the prior year.
Not reported for fiscal year 2025.
BBVA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $370.9M+33.2% | $278.4M-7.5% | $300.9M+15.3% | $261.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | $23.8B-3.3% | $24.7B+2.1% | $24.2B+0.7% | $24.0B-21.1% | $30.4B+16.8% | $26.0B+2.5% | $25.4B |
| Operating Income | $19.0B+19.4% | $15.9B+15.5% | $13.8B+23.9% | $11.1B+31.0% | $8.5B+34.4% | $6.3B-22.1% | $8.1B+3.7% | $7.8B-10.2% | $8.7B+19.7% | $7.3B+6.9% | $6.8B |
| EBITDA | $20.7B+18.7% | $17.5B+14.2% | $15.3B+22.3% | $12.5B+26.9% | $9.9B+25.3% | $7.9B-18.3% | $9.6B+7.3% | $9.0B-13.2% | $10.3B+18.2% | $8.8B+7.2% | $8.2B |
| Interest Expense | $37.6B-0.1% | $37.7B+37.5% | $27.4B+108.0% | $13.2B+39.7% | $9.4B-1.1% | $9.5B-29.1% | $13.4Bn/m | -$13.4Bn/m | -$13.9Bn/m | -$11.2B-218.1% | $9.5B |
| Income Tax | $6.0B+19.7% | $5.0B+12.9% | $4.4B+18.1% | $3.7B+73.5% | $2.2B+21.1% | $1.8B-18.2% | $2.2Bn/m | -$2.3Bn/m | -$2.6Bn/m | -$1.8Bn/m | -$1.4B |
| Net Income | $12.3B+18.5% | $10.4B+17.3% | $8.9B+30.4% | $6.8B+29.2% | $5.3B+230.0% | $1.6B-59.5% | $3.9B-36.3% | $6.2B+46.4% | $4.2B+15.2% | $3.7B+27.8% | $2.9B |
| EPS (Basic) | $2.07+18.8% | $1.74+21.9% | $1.43+36.1% | $1.05+38.3% | $0.76 | $0.17 | $0.53-38.6% | $0.86 | $0.55+7.0% | $0.52+28.7% | $0.40 |
| EPS (Diluted) | $2.07+18.8% | $1.74+21.9% | $1.43+36.1% | $1.05+47.0% | $0.71 | $0.49 | $0.65-11.2% | $0.73 | $0.55+7.0% | $0.52+28.7% | $0.40 |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | N/A | 6,655 | 6,648+0.2% | 6,636 | 6.64B+0.8% | 6.59B-0.8% | 6.65B |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, SG&A Expenses.
BBVA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0T+26.2% | $799.5B-6.8% | $857.9B+12.6% | $761.8B+1.5% | $750.3B-16.4% | $897.4B+14.9% | $780.8B+0.9% | $774.1B-6.7% | $829.6B+7.4% | $772.3B-5.2% | $814.3B |
| Cash & Equivalents | $69.1B+30.4% | $52.9B-36.5% | $83.4B-2.2% | $85.3B+11.2% | $76.7B-18.4% | $94.0B+89.1% | $49.7B-25.4% | $66.7B+29.9% | $51.3B+21.4% | $42.2B+32.9% | $31.8B |
| Inventory | N/A | N/A | N/A | N/A | N/A | $699.6M+7.2% | $652.3M-10.3% | $727.5M+164.2% | $275.3M-92.1% | $3.5B-25.5% | $4.7B |
| Goodwill | $839.1M+15.8% | $724.6M-17.6% | $879.4M+16.3% | $756.3M-18.3% | $925.8M-16.8% | $1.1B-80.0% | $5.6B-21.4% | $7.1B-2.9% | $7.3B-0.4% | $7.3B-2.5% | $7.5B |
| Total Liabilities | $936.3B+27.0% | $737.4B-7.5% | $796.8B+12.6% | $707.8B+1.8% | $695.1B-16.9% | $836.3B+16.3% | $719.1B+0.8% | $713.5B-6.8% | $765.5B+7.2% | $713.8B-5.4% | $754.2B |
| Total Equity | $72.5B+16.8% | $62.1B+1.6% | $61.1B+13.1% | $54.0B-2.0% | $55.2B-9.8% | $61.2B-0.8% | $61.7B+1.8% | $60.6B-5.5% | $64.1B+9.6% | $58.5B-2.6% | $60.0B |
| Retained Earnings | $54.4B+29.1% | $42.1B+5.1% | $40.1B+14.5% | $35.0B-2.9% | $36.0B-3.4% | $37.3B+13.1% | $33.0B+10.5% | $29.9B+4.6% | $28.5B+23.9% | $23.0B-6.0% | $24.5B |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
BBVA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.6Bn/m | -$18.8Bn/m | -$797.6M-103.1% | $25.4Bn/m | -$1.4B-102.9% | $48.1Bn/m | -$12.0B-177.7% | $15.4B+643.5% | $2.1B-70.4% | $7.0B-72.1% | $25.1B |
| Depreciation & Amortization | $1.8B+12.5% | $1.6B+2.2% | $1.6B+9.2% | $1.4B+1.7% | $1.4B-11.3% | $1.6B+1.2% | $1.6B+31.4% | $1.2B-29.0% | $1.7B+10.8% | $1.5B+8.9% | $1.4B |
| Capital Expenditures | $970.6M-21.5% | $1.2B-1.0% | $1.2B-35.6% | $1.9B+332.5% | $448.2M-42.0% | $772.9M-19.2% | $956.5M | N/A | N/A | N/A | N/A |
| Free Cash Flow | $16.6Bn/m | -$20.1Bn/m | -$2.0B-108.7% | $23.4Bn/m | -$1.9B-103.9% | $47.4Bn/m | -$12.9B | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | -$4.2Bn/m | -$1.8Bn/m | -$45.3M-141.6% | $108.9M-98.7% | $8.6B+146.8% | $3.5Bn/m | -$590.9Mn/m | -$4.8B |
| Financing Cash Flow | N/A | N/A | N/A | -$8.1Bn/m | -$4.9Bn/m | -$2.5Bn/m | -$3.0Bn/m | -$5.8Bn/m | -$117.8Mn/m | -$1.2B-951.6% | $137.9M |
| Dividends Paid | $4.9B+21.6% | $4.1B+30.4% | $3.1B+32.9% | $2.3B+123.0% | $1.0B-19.5% | $1.3B-46.0% | $2.4B-0.1% | $2.4B+18.2% | $2.0B+21.0% | $1.7B+76.8% | $954.5M |
| Share Buybacks | $2.3B+48.0% | $1.6B-34.0% | $2.4B-24.5% | $3.2B+174.3% | $1.2B+17.2% | $987.0M-19.2% | $1.2B-36.6% | $1.9B-4.2% | $2.0B-4.8% | $2.1B-40.6% | -$3.6B |
Not reported in any period shown, so not listed: Stock-Based Compensation.
BBVA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 5111.7% | 5704.5% | 4570.6% | 4250.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 3326.3% | 3737.5% | 2948.2% | 2605.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 17.0%+0.3pp | 16.8%+2.2pp | 14.5%+1.9pp | 12.6%+3.0pp | 9.6%+6.9pp | 2.6%-3.8pp | 6.4%-3.8pp | 10.2%+3.6pp | 6.6%+0.3pp | 6.3%+1.5pp | 4.8% |
| Return on Assets | 1.2%-0.1pp | 1.3%+0.3pp | 1.0%+0.1pp | 0.9%+0.2pp | 0.7%+0.5pp | 0.2%-0.3pp | 0.5%-0.3pp | 0.8%+0.3pp | 0.5%0.0pp | 0.5%+0.1pp | 0.4% |
| Liabilities-to-Equity | 12.91+1.0x | 11.87-1.2x | 13.03-0.1x | 13.10+0.5x | 12.60-1.1x | 13.67+2.0x | 11.66-0.1x | 11.78-0.2x | 11.94-0.3x | 12.20-0.4x | 12.56 |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | 4475.0% | -7206.3% | -680.1% | 8977.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria, S.A. BBVA | FY2025 | $370.9M | $12.3B | N/A | $136.8B | 48/100 |
| Sumitomo Mitsui Financial Group, Inc. SMFG | FY2025 | N/A | $3.2B | N/A | $149.3B | — |
| Toronto Dominion Bank TD | FY2025 | $48.4B | $14.7B | 30.3% | $203.5B | 41/100 |
| UBS Group AG UBS | FY2025 | $49.6B | $7.8B | 15.7% | $142.0B | 31/100 |
| Bank of Montreal BMO | FY2025 | $25.9B | $6.2B | 24.0% | $117.5B | 34/100 |
| Banco Santander S.A. SAN | FY2025 | N/A | $16.5B | N/A | $185.5B | — |
Where Banco Bilbao Vizcaya Argentaria, S.A. Ranks
Frequently Asked Questions
What is Banco Bilbao Vizcaya Argentaria, S.A.'s annual revenue?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reported $370.9M in total revenue for fiscal year 2025. This represents a 33.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Banco Bilbao Vizcaya Argentaria, S.A.'s revenue growing?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) revenue grew by 33.2% year-over-year, from $278.4M to $370.9M in fiscal year 2025.
Is Banco Bilbao Vizcaya Argentaria, S.A. profitable?
Yes, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reported a net income of $12.3B in fiscal year 2025.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s EBITDA?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) had EBITDA of $20.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s return on equity (ROE)?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a return on equity of 17.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s free cash flow?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) generated $16.6B in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s operating cash flow?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) generated $17.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Banco Bilbao Vizcaya Argentaria, S.A.'s total assets?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) had $1.0T in total assets as of fiscal year 2025, including both current and long-term assets.
What are Banco Bilbao Vizcaya Argentaria, S.A.'s capital expenditures?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) invested $970.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s liabilities-to-equity ratio?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) had a liabilities-to-equity ratio of 12.91 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s return on assets (ROA)?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s P/E ratio?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) trades at 11.1x earnings, its market capitalization divided by $12.3B net income, FY2025. The market capitalization is $136.8B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s price-to-sales ratio?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) trades at 369x sales, its market capitalization divided by $370.9M revenue, FY2025. The market capitalization is $136.8B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Banco Bilbao Vizcaya Argentaria, S.A.'s Piotroski F-Score?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Can Banco Bilbao Vizcaya Argentaria, S.A. cover its interest payments?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has an interest coverage ratio of 0.50x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Banco Bilbao Vizcaya Argentaria, S.A.?
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Banco Bilbao Vizcaya Argentaria, S.A. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.