Banco Bilbao (BBVA) AI Stock Analysis

• Market Cap: $147.07B
• Dividend Yield: 3.27%
• Average Volume (3M): 1.45M
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.78
• Revenue Growth: 7.52%
• EPS Growth: 10.40%
• Country: US
• Employees: 124,741
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Diversified
• EPS (TTM): 0.51
• Shares Outstanding: 5,708,968,800
• 10 Day Avg. Volume: 1,637,016
• 30 Day Avg. Volume: 1,454,127
• PEG Ratio: 0.18
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 1.72
• P/FCF Ratio: -2.79
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 2.98
• Enterprise Value/Gross Profit: 4.94
• Enterprise Value/Ebitda: 8.99
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $29.00 ▲(17.55% Upside)

BBVA's strong financial performance, supported by robust revenue growth and profitability, is the most significant factor in its stock score. Technical indicators show bullish momentum, although caution is advised due to potential overbought conditions. Valuation metrics suggest the stock is attractively priced, and the positive earnings call further supports a favorable outlook. However, high leverage and regional challenges pose risks that should be monitored.

Positive Factors

Revenue and margin strength

Sustained double-digit top-line growth and high gross/net margins indicate a resilient core banking model and diversified fee streams. This durable profitability supports internal capital generation and reinvestment in digital services, underpinning long-term competitive position across key markets.

Free cash flow generation

Sharp FCF growth and near-1 FCF-to-net-income conversion demonstrate strong cash conversion. Reliable free cash flow strengthens capacity to fund lending, dividend policy, buybacks and strategic investments, enhancing financial flexibility through economic cycles.

Active capital management (buybacks)

Execution of sizable buybacks signals disciplined capital allocation and confidence in balance-sheet strength. When combined with CET1 improvement, targeted repurchases can sustainably boost shareholder returns and EPS over time without impairing solvency if capital buffers remain intact.

Negative Factors

High financial leverage

A debt-to-equity ratio near 2.5 indicates material leverage that raises sensitivity to funding shocks and interest-rate shifts. High leverage can constrain strategic flexibility, increase funding costs and amplify earnings volatility during macro stress despite attractive ROE.

Geo-specific asset quality risks

Persistent portfolio stress in Turkey and deterioration in Argentina reflect structural macro and country-risk exposures. Elevated provisioning needs and higher cost of risk can erode earnings and require sustained capital absorption, posing multi-quarter downside to profitability.

Operating margin compression

Declining EBIT/EBITDA margins point to rising operating costs or mix shifts that may be structural. If efficiencies don't offset cost pressures, margin erosion could temper net income growth and constrain the sustainability of high ROE and shareholder distributions over the medium term.

Banco Bilbao Business Overview & Revenue Model

Company Description

Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds. In addition, it offers credit cards; corporate and investment banking services; insurance products and services; and real estate services. The company provides its products through online and mobile channels. As of December 31, 2021, it operated through a network of 6,083 branches and 29,148 ATMs. It operates in Spain, Mexico, South America, the United States, Turkey, Asia, and rest of Europe. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.

How the Company Makes Money

BBVA generates revenue through several key streams. The primary source of income comes from net interest income, which is the difference between the interest earned on loans and the interest paid on deposits. Additionally, BBVA earns substantial fees and commissions from various banking services, including transaction fees, asset management fees, and advisory services. The bank also generates revenue through its investment banking division by providing underwriting services, mergers and acquisitions advisory, and capital market services. Furthermore, BBVA has established significant partnerships with fintech companies to enhance its digital banking offerings, which not only broadens its customer base but also increases transactional revenue. Other contributing factors to its earnings include income from foreign exchange and trading activities, particularly in its international markets.

Banco Bilbao Financial Statement Overview

Summary

Banco Bilbao exhibits strong revenue growth and profitability, supported by robust cash flow generation. However, high leverage and declining margins in the TTM period could pose challenges. The company should focus on improving operational efficiencies and managing debt levels to sustain its financial health.

Income Statement

Banco Bilbao has demonstrated strong revenue growth with a 24.35% increase in the TTM period. The gross profit margin remains robust at 68.99%, and the net profit margin is healthy at 23.33%. However, there is a noticeable decline in EBIT and EBITDA margins compared to the previous year, indicating potential cost pressures or inefficiencies.

Balance Sheet

The company's debt-to-equity ratio is high at 2.49, reflecting significant leverage which could pose risks in volatile markets. However, the return on equity is strong at 18.66%, indicating effective use of equity to generate profits. The equity ratio is relatively stable, suggesting a balanced asset structure.

Cash Flow

Free cash flow has shown impressive growth of 87.24% in the TTM period, indicating strong cash generation capabilities. However, the operating cash flow to net income ratio is low, suggesting potential issues in converting income into cash flow. The free cash flow to net income ratio is nearly 1, indicating efficient cash flow management relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	53.10B	31.57B	27.16B	22.98B	18.60B	30.07B
Gross Profit	32.01B	31.57B	27.16B	22.98B	19.97B	16.92B
EBITDA	17.59B	16.94B	13.82B	11.60B	8.48B	6.54B
Net Income	10.41B	10.05B	8.02B	6.36B	4.65B	1.30B
Balance Sheet
Total Assets	813.06B	772.40B	775.56B	712.09B	662.88B	733.80B
Cash, Cash Equivalents and Short-Term Investments	125.11B	199.57B	144.79B	225.41B	228.87B	208.37B
Total Debt	110.14B	144.43B	179.11B	114.64B	116.09B	110.80B
Total Liabilities	751.25B	712.39B	720.29B	661.57B	614.13B	683.78B
Stockholders Equity	57.64B	55.65B	51.70B	46.90B	43.91B	44.55B
Cash Flow
Free Cash Flow	3.07B	-19.39B	-2.54B	21.28B	-2.19B	38.23B
Operating Cash Flow	4.26B	-18.19B	-721.00M	23.72B	-1.24B	39.35B
Investing Cash Flow	-1.18B	-1.42B	-1.42B	-3.91B	-1.63B	-37.00M
Financing Cash Flow	-3.01B	-2.57B	-1.84B	-7.56B	-4.35B	-2.07B

Banco Bilbao Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BBVA, the sentiment is Positive. The current price of 24.67 is below the 20-day moving average (MA) of 24.79, above the 50-day MA of 23.40, and above the 200-day MA of 18.57, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 62.91 is Neutral, neither overbought nor oversold. The STOCH value of 74.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBVA.

Banco Bilbao Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MUFG	77 Outperform	$210.35B	16.33	9.01%	2.48%	-1.09%	8.53%
BCS	77 Outperform	$90.30B	12.15	9.44%	1.71%	17.50%	49.25%
BBVA	76 Outperform	$147.07B	12.95	18.00%	3.27%	7.52%	10.40%
SAN	72 Outperform	$185.08B	12.10	13.08%	1.85%	-15.34%	16.71%
ING	71 Outperform	$87.00B	12.87	12.79%	4.14%	2.20%	-0.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
C	66 Neutral	$210.11B	16.79	6.72%	1.94%	-0.62%	105.57%

Banco Bilbao Corporate Events

BBVA Advances First Tranche of Share Buyback, Reaching Nearly 30% of Target

On January 19, 2026, BBVA reported the progress of the first tranche of its share buyback program, originally announced as inside information on December 19, 2025. Based on transactions executed between January 12 and January 16, 2026 and managed by J.P. Morgan SE, the bank has repurchased shares for a total cash amount of €443.36 million, representing approximately 29.56% of the maximum cash amount earmarked for this initial tranche. The continued execution of the buyback signals BBVA’s active capital management and may support earnings per share and shareholder returns, reinforcing the bank’s positioning in the European banking sector.

The most recent analyst rating on (BBVA) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

BBVA Completes €993 Million Buyback Program

On December 10, 2025, BBVA announced the completion of its Buyback Program, having reached the maximum monetary amount of 993 million euros. The program involved acquiring 54,316,765 shares, representing approximately 0.93% of the company’s share capital. The purpose of this buyback is to reduce BBVA’s share capital by redeeming the acquired shares, which is expected to impact the company’s financial structure positively and potentially enhance shareholder value.

The most recent analyst rating on (BBVA) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

BBVA Nears Completion of Share Buyback Program

BBVA announced the progress of its share buyback program, which was initially communicated on October 30, 2025. Between December 1 and December 8, 2025, BBVA executed transactions that brought the total cash amount spent on the buyback to approximately 922.48 million Euros, representing 92.90% of the program’s maximum cash limit. This buyback initiative is part of BBVA’s strategy to optimize its capital structure and deliver value to its shareholders.

The most recent analyst rating on (BBVA) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

BBVA Advances Share Buyback Program in November 2025

BBVA announced the execution of a share buyback program, purchasing shares between November 17 and November 21, 2025. The transactions amounted to approximately 538.39 million Euros, representing 54.22% of the program’s maximum cash amount, indicating significant progress in the bank’s strategic financial maneuvers.

The most recent analyst rating on (BBVA) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

BBVA Executes Significant Share Buyback Program in November 2025

On November 17, 2025, BBVA announced the execution of a buyback program for its own shares, which took place between November 11 and 14, 2025. The transactions amounted to 371,068,084.19 Euros, representing approximately 37.37% of the program’s maximum cash amount. This buyback initiative is part of BBVA’s strategic financial management efforts, potentially impacting shareholder value and market perception.

The most recent analyst rating on (BBVA) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.

BBVA Advances Share Buyback Program in November 2025

BBVA announced the execution of a share buyback program between October 31 and November 10, 2025, purchasing shares worth approximately 231 million Euros. This amount represents 23.27% of the maximum cash allocated for the buyback program, reflecting BBVA’s strategic move to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (BBVA) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Banco Bilbao stock, see the BBVA Stock Forecast page.