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BBVA
$25.47+6.13%
as of close, Nov 4, 2026
☾ AH $25.47 +6.13%
Banco Bilbao Vizcaya Argentaria S.A.Stock · FinancialsMSCI EAFE · 0.7% of EFAMSCI World · 0.2% of URTHMSCI ACWI · 0.2% of ACWI
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BBVA financial statements

The full income statement, balance sheet, and cash-flow statement for Banco Bilbao Vizcaya Argentaria S.A. (BBVA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Financial overview#

Gross profit

5Y CAGR +12.7%10Y CAGR +4.9%
$41.8B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Operating income

5Y CAGR +25.5%5Y CAGR +25.5%
$18.3B FY25
FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Net income

5Y CAGR +39.9%10Y CAGR +13.0%
$12.6B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Operating cash flow

5Y CAGR −17.7%10Y CAGR −4.1%
$16.9B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Capital expenditure

5Y CAGR +5.4%5Y CAGR +5.4%
$935.8M FY25
FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Free cash flow

5Y CAGR −18.4%5Y CAGR −18.4%
$16B FY25
FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Shares (diluted)

5Y +0.1%5Y +0.1%
— FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Dividend per share

5Y CAGR +39.1%10Y CAGR +13.3%
$0.83 FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Shares outstanding (point-in-time)

2017-12 6.67B2018-12 6.67B2019-12 6.67B2020-12 6.67B2021-12 6.67B2022-12 6.03B2023-12 5.84B2024-12 5.76B2025-12 5.71B-14.4% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeFiguresAs-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Gross profit41.8B+8.9%38.4B+20.1%31.9B+22.7%26.0B+4.5%24.9B+8.4%
Operating income18.3B+10.1%16.6B+23.5%13.4B+23.2%10.9B+23.3%8.85B+50.7%
Pre-tax income18.4B+10.2%16.7B+24.1%13.4B+24.3%10.8B+26.0%8.57B+43.3%
Income tax5.77B+10.5%5.22B+20.7%4.33B+17.4%3.69B+63.3%2.26B+35.7%
12.6B+10.1%11.4B+25.7%9.10B+27.9%7.11B+7.1%6.64B+182.9%
Net income to common11.9B+9.4%10.9B+25.4%8.67B+29.7%6.69B+21.5%5.50B+269.9%
EPS (basic)$1.99+9.6%$1.82+30.3%$1.40+35.3%$1.03+30.1%$0.79+396.5%
Weighted-avg shares (basic)5.76B-0.5%5.79B-3.3%5.99B——
Dividends per share$0.83+13.2%$0.73+41.2%$0.52-50.1%$1.04+31.4%$0.79+396.5%
Balance Sheetas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Cash & equivalents69.2B+30.1%53.2B-36.2%83.3B-2.4%85.3B+11.1%76.8B-4.7%
1.01T+25.9%803B-6.2%856B+12.4%762B+1.5%751B-16.8%
Property, plant & equipment10.9B+10.0%9.88B-1.1%9.99B+10.6%9.03B+12.2%8.05B-13.9%
Goodwill841M+15.5%728M-17.1%878M+16.0%756M-18.3%926M-17.2%
Total liabilities938B+26.7%740B-6.9%795B+12.3%708B+1.8%695B-17.3%
72.7B+16.5%62.4B+2.2%61.0B+12.9%54.1B-2.1%55.2B-10.2%
Total equity incl. non-controlling72.7B+16.5%62.4B+2.2%61.0B+12.9%54.1B-2.1%55.2B-10.2%
Shares outstanding (cover)5.71B-0.9%5.76B-1.3%5.84B-3.2%6.03B-9.6%6.67B+0.0%
Cash Flowas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
16.9B+186.1%-19.7B-2423.5%-780M-103.1%25.0B+1798.6%-1.47B-103.3%
Depreciation & amortization1.72B+3.8%1.66B+9.3%1.52B+8.6%1.40B+114.1%-9.91B-575.0%
Capital expenditure936M-27.6%1.29B+5.9%1.22B-36.0%1.91B+307.0%468M-35.0%
Free cash flow16.0B+176.3%-21.0B-948.1%-2.00B-108.7%23.0B+1289.5%-1.94B-104.4%
Long-term debt issued0.000.000.000.000.00
Long-term debt repaid0.000.000.000.000.00
Common stock issued0.000.000.000.000.00
Common stock repurchased2.26B+36.6%1.65B-29.4%2.34B-24.9%3.12B+158.1%1.21B+31.4%
Dividends paid4.75B+12.2%4.23B+39.4%3.04B+32.1%2.30B+109.9%1.10B-9.8%
Valuation Ratiosas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Market cap133B+137.6%56.0B+2.0%54.9B+37.1%40.1B+2.4%39.1B+18.8%
P/E10.6×+115.8%4.9×-36.6%7.7×+28.0%6.0×+2.4%5.9×-58.0%
P/B1.8×+103.9%0.9×-11.6%1.0×+40.0%0.7×+2.4%0.7×+32.4%
P/FCF8.3×—2.4×——
Earnings yield9.5%-53.7%20.4%+57.7%13.0%-21.9%16.6%-2.3%17.0%+138.1%
FCF yield12.0%—41.9%——
Dividend yield3.6%-52.8%7.6%+32.3%5.7%-67.1%17.3%+28.4%13.5%+317.8%
Source filing20-F20-F20-F20-F20-F

About this data

Source: BBVA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BBVA filings on SEC EDGAR → Not investment advice.