Welcome to our dedicated page for Banco Bilbao SEC filings (Ticker: BBVA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) (NYSE: BBVA) provides access to the bank’s regulatory disclosures as a foreign private issuer. BBVA files its annual report on Form 20-F and uses Form 6-K to furnish current reports and other relevant information under the Securities Exchange Act of 1934.
Recent Form 6-K filings describe a range of capital management and funding actions. These include announcements of buyback programs for BBVA’s own shares, with details on maximum aggregate cash amounts, execution periods, trading venues and the role of an external manager executing purchases independently. Filings also cover the completion of a buyback program, specifying the total number of own shares acquired and the percentage of share capital they represented, and explaining that the purpose of the program is to reduce BBVA’s share capital through the redemption of those shares.
Other filings report the partial execution of a share capital reduction resolution adopted by the Ordinary General Shareholders’ Meeting, implemented via the cancellation of tens of millions of treasury shares. These documents outline the resulting share capital, the accounting treatment through reserves for redeemed capital, and the intention to request delisting and cancellation of the redeemed shares in the relevant securities settlement systems.
BBVA’s Form 6-K submissions also include information on hybrid capital instruments. One filing announces the bank’s irrevocable decision, subject to prior regulatory consent, to redeem in whole an issuance of green preferred securities contingently convertible into ordinary shares of BBVA on a specified redemption date, and describes the redemption price as equal to the liquidation preference plus accrued and unpaid distributions, subject to the terms and conditions of the issuance.
Through Stock Titan, users can review these BBVA filings as they are furnished to EDGAR and use AI-powered summaries to interpret the implications of share buybacks, capital reductions, hybrid capital redemptions and other regulatory disclosures for the bank’s capital structure and governance.
Banco Bilbao Vizcaya Argentaria (BBVA) has asked the Spanish securities regulator (CNMV) to approve an amendment to its voluntary takeover offer for all shares of Banco de Sabadell. The board decided on September 21, 2025 to improve the consideration offered, moving from one BBVA share plus €0.70 in cash for every 5.5483 Sabadell shares to a new exchange ratio of one newly issued BBVA ordinary share for every 4.8376 Sabadell ordinary shares.
The request, submitted on September 22, 2025, includes a prospectus supplement and an independent expert report supporting the improved terms, as required under Royal Decree 1066/2007. The detailed amended terms will be set out in the prospectus supplement once the CNMV grants authorization.
Banco Bilbao Vizcaya Argentaria (BBVA) disclosed merger-related financial assumptions and estimated benefits tied to a proposed combination with Banco Sabadell. The filing cites post-tax synergies and shows Banco Sabadell net income of 1.6 billion (Capital Markets Day 2025) and BBVA average net income of 12 billion for 2025–2028 (2Q25 webcast). The combined-entity shares outstanding assume BBVA’s 1 billion buyback (announced Apr.25) is executed post-closing and that proceeds from the TSB sale and an extraordinary dividend are reinvested in shares, with modeling based on a 16.41 per-share BBVA price (Sep.19,2025) and a 100% take-up.
The filing estimates transaction effects on capital of -21 basis points at closing, turning into +40 basis points after the TSB sale and extraordinary dividend are completed. It projects recurring benefits of 5.4 billion per year following the merger and notes BBVA agreed to remedies with the CNMC to support SMEs and self-employed customers to help preserve credit volumes.
Banco Bilbao Vizcaya Argentaria (BBVA) has changed the terms of its voluntary tender offer for all shares of Banco de Sabadell. The offer, previously a mix of BBVA shares plus 0.70 euros in cash for each 5.5483 Sabadell shares, will become an entirely share-based deal. The new exchange ratio is one newly issued BBVA ordinary share for every 4.8376 Banco de Sabadell ordinary shares.
BBVA’s Board of Directors has also decided it will not make any further improvements to the offer terms and will not extend the acceptance period once it resumes after the amendment is authorized by the Spanish securities regulator (CNMV). BBVA plans to submit the amendment request, a prospectus supplement, and an independent expert report on September 22, 2025.
Banco Bilbao Vizcaya Argentaria, S.A. had its 1.125% Fixed Rate Senior Preferred Notes due 2025 removed from listing and/or registration on the New York Stock Exchange. The exchange filed a Form 25, stating it has complied with its own rules to strike this class of securities from listing and withdraw their registration under Section 12(b) of the Securities Exchange Act of 1934. The filing also notes that the issuer has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of notes from listing and registration.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports a credit rating upgrade from S&P Global Ratings. On September 16, 2025, S&P raised BBVA’s long-term issuer credit rating by one notch to A+ from A, indicating a stronger view of the bank’s ability to meet its financial obligations over the long term.
The outlook remains stable, meaning S&P does not currently anticipate another change in the long-term rating in the near term based on the information it has. S&P also took additional actions on other BBVA ratings, which are referenced but not detailed in this excerpt.
Banco Bilbao Vizcaya Argentaria, S.A. filed a Form 25 notification indicating a class of its securities will be removed from listing and/or registration on the New York Stock Exchange. The filing states the Exchange and the Issuer have followed the procedures under 17 CFR 240.12d2-2 for withdrawal/striking the securities. The document does not disclose an effective date, reason for the withdrawal, or details on which specific class/share series is affected.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has provided an update on its voluntary tender offer for the entire share capital of Banco de Sabadell, S.A., which has been authorized by the Spanish National Securities Market Commission (CNMV). BBVA states it will not issue a prospectus under Regulation (EU) 2017/1129 for the new ordinary shares to be issued as consideration to Banco Sabadell shareholders, nor for their admission to trading on the Spanish stock exchanges through SIBE.
Instead, BBVA is relying on the exchange-offer exemptions in Article 1(4)(f) and 1(5)(e) of that Regulation and has published an exemption document on its website in line with Delegated Regulation (EU) 2021/528. The document is explicitly not a prospectus and does not require review or approval by any supervisory authority, and has not been reviewed, approved or filed with the CNMV.
BBVA has launched a voluntary share offer for Banco Sabadell with a take-up period beginning on September 8, 2025. The offer is presented as the highest valuation for Banco Sabadell in over a decade and carries a premium above recent European transactions. BBVA states that, on a combined basis and assuming 100% take-up and a BBVA share price of €15.81 (as of September 4, 2025), Banco Sabadell shareholders would receive earnings per share 251% higher than under a standalone plan.
BBVA discloses phased-in post-tax synergies and average net income for 2025-2028 of €1.6 billion for Banco Sabadell and €12 billion for BBVA. The combined-share count and results assume execution of a €1 billion BBVA share buyback announced in April 2025 and reinvestment of proceeds from the TSB sale and an extraordinary dividend. Capital impact examples include a -49bps fully loaded CET1 hit at 50% take-up and -12bps after the TSB sale and extraordinary dividend.
Banco Bilbao Vizcaya Argentaria (BBVA) provides an update on its all-share exchange offer for Banco Sabadell, highlighting stronger strategic rationale, higher synergies and detailed financial impacts. The bank now targets €900 million of annual pre-tax synergies post‑merger, up from €835 million, mainly from cost and funding savings, with about €1.45 billion of pre‑tax restructuring costs. The offer, composed of BBVA shares and €0.70 in cash per Sabadell share, implies a current valuation of about €17.4 billion for Sabadell and premiums of 30–50% over pre‑announcement trading averages. BBVA projects earnings per share accretion of about 5% for its own shareholders and 25% for Sabadell shareholders once synergies are fully realized, and expects a limited temporary hit to its CET1 ratio at closing followed by a positive impact after the planned sale of TSB and an extraordinary dividend. The document also sets an estimated timetable for the offer, with the acceptance period opening on 8 September and settlement expected in mid‑October.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is holding a presentation for analysts about its public tender offer for shares of Banco Sabadell, S.A., which has been approved by the Spanish securities regulator CNMV. The presentation is scheduled for 12:00 noon (Madrid time) and can be followed live through BBVA’s website.
BBVA states that a recording of the presentation will remain available on its website for at least one month. The notice is dated September 5, 2025 and is signed by BBVA’s Global Head of Strategy & M&A, Victoria del Castillo Marchese.