BBVA to pay €0.60 per share in cash this Friday, the second payment of a record 2025 dividend
BBVA is to pay a final dividend this Friday, April 10, of €0.60 gross per share in cash. In addition to a gross payment of €0.32 per share last November, BBVA will distribute a record of €5.2 billion in ordinary dividends corresponding to the 2025 earnings, equivalent to 50 percent of the profit for the year.
The dividend that BBVA shareholders are to receive on April 10 completes the shareholder returns for the 2025 financial year, following the interim payment of €0.32 gross per share made on November 7th. Taking both payments into account, 2025 total dividend amounts to €0.92 per share, 31 percent higher than 2024 cash dividend and the highest paid by BBVA to date. In fact, the cash dividend per share has increased year after year since 2021, tripling the figures recorded at that time.
Firm commitment to shareholders
BBVA maintains a strong capital base that allows it to continue growing robustly and to sustain attractive shareholder returns, both through its ordinary policy and through its commitment to progressively distribute any excess capital above its 12% CET1 target¹.
BBVA’s shareholder ordinary remuneration policy foresees an annual payout of between 40 and 50 percent of consolidated profit and may combine cash dividends—in two payments, interim and final—with share buybacks.
In addition to the execution of this policy, BBVA has completed two extraordinary share buybacks in recent years: €3.16 billion between 2021 and 2022 and €1 billion in 2023. Furthermore, in December 2025, BBVA announced a new extraordinary buyback programme of close to €4 billion, the largest in its history, whose first tranche, of €1.5 billion, ended on March 6 and whose second tranche, of €1 billion, began on March 23².
Furthermore, including dividends and share price appreciation, since January 2019, the total value for BBVA shareholders has multiplied six-fold, well above the performance of European and Spanish banks, whose shareholders have seen their investment multiply approximately 3-fold.