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BBVA Delivers Double-Digit Profit and Balance-Sheet Growth in First Quarter 2026

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BBVA Delivers Double-Digit Profit and Balance-Sheet Growth in First Quarter 2026

Meet Samuel – Your Personal Investing Prophet

Banco Bilbao ( (BBVA) ) just unveiled an update.

BBVA reported strong first‑quarter 2026 results for the period January to March, with total assets rising 15.7% year-on-year to €894.3bn and gross customer loans up 14.7% to €491.6bn, underpinned by broad-based business growth. Net interest income increased 17.8% to €7.54bn and net attributable profit climbed 10.8% to €2.99bn, while return on equity reached 20.7% and the efficiency ratio improved slightly to 38.0%, signaling robust underlying profitability.

Customer deposits grew 10.8% to €505.1bn and total customer funds were up 12.3% to €733.2bn as of March 31, 2026, although the number of branches continued to decline and active customers expanded to 82 million, reflecting an ongoing shift toward more digital and efficient distribution. Asset quality indicators remained solid, with the non-performing loan ratio improving to 2.6% and coverage rising to 86%, and capital ratios, including a CET1 of 12.83%, stayed comfortably above regulatory requirements, supporting BBVA’s position as one of Europe’s more profitable large banks and providing resilience for shareholders amid loan growth and a higher cost of risk.

The most recent analyst rating on (BBVA) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

Spark’s Take on BBVA Stock

According to Spark, TipRanks’ AI Analyst, BBVA is a Outperform.

The score is driven primarily by strong underlying profitability and improved leverage (financial performance) alongside a very constructive earnings outlook and shareholder-return focus from the latest call. Valuation is supportive (moderate P/E and solid yield), while the main offset is weaker near-term technical momentum (negative MACD and trading below key short-term averages).

To see Spark’s full report on BBVA stock, click here.

More about Banco Bilbao

Banco Bilbao Vizcaya Argentaria (BBVA) is a multinational banking group headquartered in Madrid, Spain, operating across Spain, Mexico, Turkey, South America and other markets. It offers retail and commercial banking, corporate and investment banking, and related financial services, serving 82 million active customers through a global network of branches, ATMs and digital channels.

Average Trading Volume: 2,249,333

Technical Sentiment Signal: Buy

Current Market Cap: $121.2B

Find detailed analytics on BBVA stock on TipRanks’ Stock Analysis page.

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