BBVA

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Q1 2026 results: strong performance in terms of earnings for Santander, and business activity for BBVA

Analysed by Bankinter Santander has made a strong start to the year, reiterating its 2026 guidance and the targets of the 2026–2028 plan (net banking income in excess of €20,000 million with a return on total equity (RoTE) of over 20.0% in 2028). The fundamentals are solid (capital, efficiency and profitability) and non-performing loans remain at historically low levels. Santander is enjoying a strong earnings performance (up 17.0% in EPS)…


BBVA Holvi

BBVA reports 1Q26 attributable profit of €2,989m, 7% above company consensus of €2,803m

Jefferies | 7% profit beat on better revs (NII and trading income), partly offset by higher costs and impairments. While every market was a beat, the strong NII momentum was driven primarily by Turkey&South America, with both Spain&Mexico broadly in line. 1Q26 CoR trailing worse than FY26 guide, albeit partly explained by c100m EUR PMA top-up. FY26 RoTE now seen >20% (vs c20% before), with upside risk to Mexico growth…


BBVA vela atardecer

BBVA complies with MREL, subordination requirement for APRs

Link Securities | On Tuesday, BBVA (BBVA) received a new notification from the Bank of Spain (BdE) regarding the determination of its minimum requirement for own funds and eligible liabilities (MREL), set by the Single Resolution Board (SRB), which applies to it from the date of receipt and has been calculated taking into account financial and supervisory information as at 31 December 2024. This new notification repeals and replaces the…


BBVA guapa

BBVA rises from fourteenth place in UK project finance market in 2024 to seventh by volume of finance arranged in 2025

Alphavalue / Divacons | The financial institution has climbed the rankings in the UK project finance market, securing seventh place by volume mobilised (£1.36 billion) and eighth by number of transactions. According to Refinitiv data, the bank has made a significant leap forward compared to 2024, when it ranked fourteenth. During 2025, the bank managed to participate in a quarter of the financing deals in this segment in the UK…


BBVA Argentina

BBVA close to agreement with Raiffeisen Bank International to sell Romanian subsidiary it controls through Garanti

Link Securities | According to the Romanian newspaper Ziarul Financiar, Raiffeisen Bank International is set to be the bank that will ultimately purchase BBVA’s Romanian subsidiary, which it controls through Garanti, Expansión reported yesterday. BBVA and Raiffeisen have declined to comment. Negotiations initially began with ING, although ultimately, the bank is more inclined to close the sale with Raiffeisen. The decision to sell will be made on Monday, according to…


Garanti BBVA

Turkish lira depreciates 27% in 2025, leading BBVA to write down value of Garanti by €130 million more, bringing cumulative total to €354 million

Link Securities | Expansión reports today that BBVA has been forced to write down the value of Garanti, its subsidiary bank in Turkey, in its annual accounts due to the negative performance of the currency, which depreciated by 27% last year. It has done so by €130 million, bringing the cumulative impairment in recent years to €354 million. Added to this is the money BBVA is losing in the country…


BBVA vela atardecer

BBVA could distribute extraordinary dividend thanks to excess capital

Link Securities | BBVA (BBVA) Chairman Carlos Torres says that what sets them apart from other banks is growth and anticipates that excess capital could be distributed through an extraordinary dividend, according to the newspaper Expansión.‘The sale of the US subsidiary was the right decision and has yielded great results. It allowed us to strengthen our position in other markets and reward shareholders,’ said BBVA Chairman Carlos Torres at the…


BBVA Holvi

BBVA reports 4Q25 attributable profit of €2,533m, slight miss versus company consensus

Jefferies | BBVA reported 4Q25 attributable profit of €2,533m, which was a slight miss versus company consensus of €2,554m. PBT was a slight miss as well, with PPP a 2% beat. Group top line was a 2% beat, but partly offset by costs 3% higher than consensus. Impairments were a 9% miss. By geography, beats in Spain and Mexico, offset by Turkey missing. Final dividend of 60c per share announced….


BBVA guapa

BBVA could sell business in Romania to ING through Turkish subsidiary for estimated €400 million

Renta 4 | According to press reports, BBVA is considering selling its business in Romania, where ING could be the main candidate to take it over. BBVA operates in Romania through Garanti BBVA, a subsidiary of the Turkish bank Garanti BBVA, ranking among the top ten entities in the country with a market share of 2%. BBVA already attempted to sell this business in 2020, with the process at an…


BBVA novedad

BBVA executes 36.26% of first tranche of buyback programme

Alphavalue/Divacons | The financial institution has executed 36.26% of the first tranche of its share buyback programme, which has an initial allocation of €1.5 billion out of a total of up to €3.96 billion, which began on 22 December 2025. Between 19 and 23 January 2026, the entity acquired 4.8 million shares at an average price of €20.46 per share, representing an investment of €98.7 million. Since the start of…