Shareholders' meeting
Today
Shareholders' meeting
BBVA’s shareholders gift for the Annual General Meeting will be given to charitable causes
In order to help alleviate the effects of COVID-19 on the most vulnerable, BBVA will make a charitable contribution in Spain in replacement of the traditional gift given to shareholders for the Annual General Meeting. It will be the shareholders who vote on which of four causes they prefer for the donation from this gift: social inclusion, education, health and people with disabilities.
15 Mar 2021
Corporate information
BBVA to submit for shareholder approval the possibility of redeeming up to 10 percent of shares
BBVA has called its Annual General Meeting (AGM) to be held virtual-only on April 20th, 2021. With the goal of being able to implement a significant potential share buyback, it will be submitted for approval of the AGM the possibility of reducing the bank’s share capital up to 10 percent – the equivalent of approximately 667 million shares. Additionally, BBVA proposes the re-election of seven board members, whose term ends in 2021. It would thus maintain unchanged the composition of the Group’s highest governing body, which currently has two thirds of independent members and an appropriate balance and diversity in several areas: experience, knowledge and expertise, gender and international representation.
13 Mar 2020
Shareholders' meeting
BBVA shareholders back corporate management in 2019 with 99.4 percent of the votes
BBVA shareholders have backed the Group’s corporate management in 2019 with 99.4 percent of the votes at the Annual General Meeting, held on Friday in Bilbao. Quorum has been the highest in the bank’s history: 66.83 percent.
Shareholders' meeting
Carlos Torres Vila: “With coronavirus, we must all be very coordinated to mitigate the impact”
Carlos Torres Vila, Group executive chairman
- Excellent figures: “In 2019 BBVA posted its highest net attributable profit of the past decade without one-offs”
- New strategic priorities: We want “to improve our clients’ financial health and help them transition toward a sustainable future”
- Dividend: BBVA is proposing at the AGM a complementary gross cash dividend of €0.16 per share. The total dividend for the year stands at €0.26 per share, which reflects a 36 percent of attributable profit, excluding the impact of the goodwill adjustment in the U.S.
Onur Genç, Chief executive officer
- Business model: “Once again, we have demonstrated the strength of our diversified model”
- Profitability: “We are number one in terms of profitability,” among 15 largest European banks
BBVA Group’s executive chairman referred to the Cenyt case at the 2020 Annual General Meeting, which was held on March 13, 2020. This is a transcript of what he said at the meeting.
BBVA shareholders meet today in Bilbao (northern Spain), where the bank will hold its Annual General Meeting. Starting at noon, Group executive chairman Carlos Torres Vila and CEO Onur Genç will present the bank’s shareholders with the most significant 2019 accomplishments and the outlook for 2020.
11 Mar 2020
Shareholders' meeting
BBVA recommends use of remote channels, extends deadline for voting electronically at the AGM
In light of the situation resulting from the coronavirus, BBVA recommends not attending the Annual General Meeting in person whenever possible. The AGM is to be held on March 13th, 2020, at the Euskalduna Conference Center in Bilbao. Additionally, in order to allow shareholders to exercise the remote vote, BBVA has extended the deadline to do so until Thursday, March 12, 2020, at 08:00 pm.
10 Mar 2020
BBVA’s 2020 Annual General Shareholders’ Meeting (AGM) is scheduled to be held next March 13, 2020, on first call, at the Euskalduna Conference Center in Bilbao. BBVA wishes and promotes the participation of its shareholders in such an important event for the company. For that reason, the bank has made available to its shareholders the appropriate channels to enable the exercise of their rights remotely, which are described in the Annual General Meeting section on the corporate website.
09 Mar 2020
The BBVA Annual General Meeting will be held in Bilbao next Friday, March 13. The shareholder meeting (or AGM) is one of a company’s primary corporate governance vehicles. During the meeting, the company’s owners (the shareholders) ratify decisions on topics determined by law and by the corporate bylaws. The AGM includes particular features that are established by corporate law.
20 Feb 2020
Corporate information
For the next Annual General Meeting, BBVA shareholders will be able to vote on the bank’s website and app
BBVA is now offering its shareholders the possibility of exercising their right to vote or the delegation of this right through three channels: the websites bbva.es and bbva.com, and the bank’s mobile banking app. These voting and delegation options are available from February 19th through March 12th. BBVA’s Annual General Meeting is planned for March 13th in Bilbao.
12 Feb 2020
BBVA today released its 2019 annual compensation report for its board members, the first that includes sustainability as a non-financial indicator in the variable compensation for the executive chairman. In 2020, the CEO will also have an indicator that will measure the bank’s strategic commitment to climate change and sustainable development. The 2019 compensation policy (applicable for 2019, 2020 and 2021) was already announced last year. It was approved with 94.8 percent of the votes at the Annual General Meeting in March last year.
15 Mar 2019
Shareholders' meeting
BBVA Group executive chairman Carlos Torres Vila is re-elected, with more than 98 percent of the votes
At his first Annual General Meeting (AGM) as Group executive chairman of BBVA, Carlos Torres Vila was re-elected as a Board member with more than 98 percent of the votes, according to the definitive data of the votation. The shareholders meeting in Bilbao today also supported the appointment of Onur Genç as a Board member of the BBVA Group with 99 percent of the votes. A large number of institutional and minority shareholders participated in the voting, with a quorum over 64 percent.
Shareholders' meeting
Carlos Torres Vila: “BBVA works to help build a more inclusive and sustainable society"
Carlos Torres Vila, Group executive chairman
- Impact on society: “The future of banking lies in financing the future. At BBVA we want to define the new way of banking that the communities we serve are calling for and need”
- Transformation: “In 2018 we reached a pivotal milestone: to surpass the threshold of 50 percent digital customers”
- Dividend: “The strong results allow us to increase the dividend. At this Annual General Meeting, BBVA is proposing a complementary dividend of €0.16 per share, to be paid in April this year.” The total dividend for the year amounts to €0.26 per share, a 37 percent payout of the bank’s profit
Onur Genç, Chief executive officer
- Digitization: “We began our transformation ahead of the curve, and we are already reaping the benefits of this foresight”
Video
Carlos Torres Vila
"We are fully committed to become the banking business that society is demanding"
Prior to the start of BBVA’s Annual General Meeting, which is being held today in Bilbao, Group executive chairman Carlos Torres Vila discussed the bank’s 2018 results and milestones in the transformation journey with the media. He also shared BBVA’s vision for the future: “We are fully committed to become the banking business that society is demanding.”
14 Mar 2019
BBVA shareholders have an appointment this Friday at the Euskalduna Concert Center in Bilbao, Spain. Starting at 12:00 CET, Group Executive Chairman Carlos Torres Vila and CEO Onur Genç will take stock of 2018 and offer their vision of 2019.
13 Mar 2019
For the second consecutive year, BBVA’s General Annual Meeting, to be held in Bilbao on March 15, has been certified by AENOR as a sustainable event in accordance with ISO 20121. Changes this year include improved accessibility for all participants and an increased number of suppliers committed to the sustainability of the event.
19 Mar 2018
After the AGM’s approval of the financial statements for last year, BBVA has made available to the market the most salient information on the year in the ‘BBVA in 2017’ report. The report lays out in a simple and intuitive way details on the strategy and performance of the Group throughout the year, with the focus on matters of relevance for BBVA interest groups.
16 Mar 2018
Shareholders' meeting
BBVA shareholders back corporate management with more than 99 percent of votes
BBVA AGM approves the Group’s financial statements with 99.67 percent of votes
The remaining items in the agenda were approved by a large majority.
Francisco González, Group Executive Chairman
- Transformation: “We’ve reached a digital tipping point. In six countries more than 50 percent of customers are digital”
- Dividend: “Our earnings in 2017 allow us to maintain a very solid stream of dividends, with a clear, predictable and sustainable remuneration policy”
- Principles: “We’ve gone through a deep financial crisis and BBVA emerged from it with a very strong reputation”
Carlos Torres Vila, CEO
- Evaluation: “In 2017 we accelerated our transformation, making great strides in the digitization of our business with a huge impact in terms of sales and customer loyalty and satisfaction”
Video
BBVA today is probably more a digital company than a bank. It’s not just a question of technology. It has to do, above everything, with people, knowledge and values and culture.
Video
Francisco González Rodríguez
"2017 has been a very good year for BBVA, and 2018 will be even better"
Moments before the start of BBVA’s Annual General Meeting, to be held in Bilbao today, Francisco González made some remarks in which he reviewed last year’s results and the advances in the digital transformation project. “2017 has been a very good year for BBVA, and 2018 will be even better. And I know it will, because I have never seen our company so strong, so committed, and so united as under this transformation project.” he said.
Today, BBVA hosts its AGM at Palacio Euskalduna in Bilbao (Spain). Group Executive Chairman Francisco González and CEO Carlos Torres Vila will present a summary of the company’s activity in 2017.
14 Mar 2018
BBVA’s Annual General Meeting, which took place on March 16th in Bilbao, boasted an event sustainability management system that was compliant with the UNE-ISO 20121:2013 standard, as certified by AENOR. This certification validates the 2018 Annual General Meeting as a Sustainable Event due to its “clear commitment” to the environmentally, socially and economically sustainable criteria defined by the standard.
13 Mar 2018
The BBVA Annual Shareholder meeting will be held in Bilbao next Friday, March 13. The shareholder meeting (also known as the Annual General Meeting or AGM) is one of a company’s primary corporate governance vehicles. During the meeting, the company’s owners (the shareholders) ratify decisions on topics determined by law and by the corporate bylaws. The AGM includes particular features that are established by corporate law.
14 Jul 2017
The European Commission just unveiled a new directive on corporate governance, and more specifically on shareholders’ rights, which will have to be transposed nationwide by June 2019. The Commission’s initiative serves a dual purpose: It wants to promote the use of new technologies in the corporate governance of companies while increasing the commitment to transparency among institutional investors, asset managers and the companies in which they invest.
17 Mar 2017
Francisco González Rodríguez
Francisco González: “Growth in products and solutions is going to be explosive”
Francisco González, Group Executive Chairman
Strategy: “We are currently executing our plan – multiplying and improving our projects, anticipating our customers’ needs to improve their experience and increasing the number of customers. Growth in products and solutions is going to be explosive”
2016: “It has been a very good year for BBVA. In a complex environment, our profit increased by almost 32 percent. We improved our risk profile and strengthened our capital base”
Customers: “This great project intends to set a new standard of service in banking by creating more and better opportunities for customers because they will benefit the most from BBVA’s technological progress and transformation”
Carlos Torres Vila, CEO
Goal: “The key to a successful business in the long term is having customers who appreciate us and recommend us”
The Euskalduna Palace in Bilbao hosted BBVA’s annual meeting with its shareholders for yet another year. Group Executive Chairman Francisco González maintained that the bank’s transformation into a digital business is “delivering very tangible results. We have a clear strategic plan, we have the tools, we have the teams and we are already in the plan’s execution stage.” BBVA’s Executive Chairman indicated in his presentation that growth in products and solutions “is going to be explosive” and will “improve customers’ experience.”
Video
Francisco González Rodríguez
Francisco González: ''The delivery of products and solutions is going to be explosive in the coming years''
A few minutes before BBVA’s Annual General Meeting, held today in Bilbao, Francisco González met with reporters and shared his insights into BBVA’s evolution in 2016. He also pondered the economic situation, and analyzed the role of Spain in the global context.
27 Oct 2016
Video
Following the publication of the third quarter results, BBVA CEO Carlos Torres Vila said today that the Group hit an important milestone in capital generation: a CET1 fully-loaded capital ratio of 11%, a goal originally set for 2017. “We have had solid growth in recurring revenues, cost control and stability in risk indicators,” he indicated prior to the press conference with Spanish media.
06 Jul 2016
Here are today’s top stories:
11 Mar 2016
– Quorum was over 62%
– Financial statements approved with support from more than 99% of the votes
Francisco González was re-elected Group Executive Chairman of BBVA, with over 96% of the votes during the Annual General Meeting held today in Bilbao. In 2013 he was re-elected with 90.9% of votes.