BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVXF) SEC Filings

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports progress on its previously announced share buyback program. The bank states that the cash amount used to repurchase its own shares has reached 922,478,542.32 Euros as a result of transactions executed between 1 December and 8 December 2025 under the program. BBVA explains that this figure represents approximately 92.90% of the maximum cash amount authorized for the buyback program, indicating that the initiative is close to its upper cash limit.

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports progress on its share buyback program. Between 24 and 28 November 2025, the bank continued repurchasing its own shares under the previously announced program. The cash amount of shares purchased to date has reached 710,265,440.58 Euros, which represents 71.53% of the maximum cash amount authorized for the buyback. This update shows BBVA is well advanced in executing its planned return of capital through share repurchases.

Banco Bilbao Vizcaya Argentaria (BBVA) reports progress on its ongoing share buyback program. Between 11 and 14 November 2025, the bank continued repurchasing its own shares as part of the previously announced Buyback Program. The cash amount invested in shares purchased to date has reached 371,068,084.19 Euros, which represents approximately 37.37% of the program’s maximum cash amount. This update confirms the gradual execution of the capital return initiative to BBVA shareholders.

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. filed a Form 13F holdings report showing 727 holdings with a reported value total of $13,072,532,251. The summary lists 11 other included managers. The report is signed by Maria Angeles Pelaez Moron, Chief Accounting Officer and dated 11-14-2025.

BBVA reported progress on its share buyback program. The company stated that the cash amount used to repurchase shares to date is €231,059,731.33, which is approximately 23.27% of the program’s maximum cash amount.

BBVA noted these transactions were executed between October 31 and November 10, 2025, and the disclosure is made pursuant to Article 5 of EU Regulation 596/2014 on market abuse. The update follows the inside information notice published on October 30, 2025 regarding the launch of the buyback program.

BBVA announced an issue of preferred securities contingently convertible into newly issued ordinary shares for a total nominal amount of €1,000,000,000, with exclusion of pre‑emptive subscription rights. Once fully paid, the securities are expected to qualify as Additional Tier 1 capital under applicable solvency regulations.

Distributions are discretionary and will accrue at 5.625% per annum from and including 11 November 2025 to but excluding 11 November 2032, then reset by adding 324.6 bps to the 5‑year Mid‑Swap Rate. BBVA will request listing on the Global Exchange Market of Euronext Dublin. The issue is not directed to retail investors. The director’s report and an independent expert report will be published on BBVA’s website on the expected closing date of 11 November 2025 and presented to the next General Shareholders’ Meeting.

BBVA reported the European Central Bank’s SREP outcome setting its minimum regulatory capital for 2026. Effective from January 1, 2026, the bank must maintain at the consolidated level a total capital ratio of 13.13% and a CET1 ratio of 8.97%. These include a consolidated Pillar 2 requirement of 1.62%, of which 0.96% must be met with CET1 and 0.12% reflects prudential provisioning expectations.

At the individual BBVA S.A. level, the required minimums are a total capital ratio of 10.98% and a CET1 ratio of 7.48%, also effective from January 1, 2026. The table specifies component buffers such as the conservation buffer and the O-SII buffer at the consolidated level. These thresholds define BBVA’s regulatory capital floors under the ECB framework for 2026.

BBVA reported steady growth for the nine months ended September 30, 2025. Profit attributable to the parent reached €7,978 million (up 4.7%), supported by gross income €27,136 million (up 3.7%) and net interest income €19,246 million (up 2.0%). Operating profit before tax was €12,292 million (up 5.5%). Segment earnings were led by Mexico €3,875 million and Spain €3,139 million, with improvements also in Turkey and South America. Total assets were €813,063 million, up from €772,402 million at year‑end 2024.

Currency depreciation in Turkey and Argentina weighed on translated results, but lower hyperinflation monetary losses and solid fees helped. In Spain, the new Interest Margin and Commission Tax contributed to a higher tax charge. Capital returns remain active: a €0.41 final 2024 dividend (approx. €2,360 million) was paid in April, and an interim €0.32 per share dividend (approx. €1,842 million) is scheduled for November 7, 2025. BBVA also announced a €993 million share buyback expected to start on October 31, 2025.

BBVA announced a temporary own share buyback program, cleared by the European Central Bank, to reduce its share capital by cancelling repurchased shares. The program authorizes purchases of up to €993,000,000 or a maximum of 555,385,663 shares.

Execution starts on October 31, 2025 and will end no later than February 18, 2026, or earlier if the cash or share limit is reached; BBVA may suspend or terminate it early. Trades will occur on Spain’s Continuous Market and on Cboe Europe, Turquoise Europe, and Aquis Exchange. Citigroup Global Markets Europe AG will manage the program and independently decide purchase timing. No transactions will be executed on December 24 and December 31, 2025. BBVA will report purchase activity and any suspension or completion in line with applicable regulations.