BBVA’s Corporate & Investment Banking (CIB) division posted revenues of €4,832 million between January and September 2025, representing a 27% increase versus the same period in 2024 (at constant euros, not including the effect of hyperinflation accounting). All business units recorded double-digit growth: Global Markets (GM) +27% year-on-year; Global Transaction Banking (GTB) +19% year-on-year; and Investment Banking & Finance (IB&F) +35% year-on-year. Additionally, loan book  grew by 15% compared to December 2024, both in transactional banking and IB&F, supported by landmark project finance and corporate lending transactions in Spain, Mexico and the United States. Attributable profit stood at €2,341 million, a year-on-year increase of 32%. Over the nine-month period, business profitability continued to strengthen, in line with the trend seen throughout the year and with a particularly strong performance in Spain, the United Kingdom, Continental Europe and the United States.

Garanti BBVA recently announced its results for the first nine months of the year, reporting TL 84.47 billion in net income, TL 4.27 trillion in assets and TL 3.23 trillion in cash and non-cash loans. Customer deposits funded 69.1 percent of assets, with the deposit base reaching TL 2.91 trillion in the first nine months of 2025 – up 38.7 percent. The bank’s capital adequacy ratio stood at 16.3 percent,¹ return on average equity (ROAE) was 30.9 percent, and return on average assets (ROAA) was 3.1 percent.

BBVA posted an excellent set of earnings in the first nine months of 2025, driven by  solid activity growth (+16 percent in constant euros) and momentum in core revenues (+13.5 percent in constant euros). Net attributable profit reached a record €7.98 billion through September, up 4.7 percent from a year earlier (+19.8 percent in constant euros). The Group continued to show outstanding profitability metrics, with ROTE at nearly 20 percent; while creating value for its shareholders, with an increase of the tangible book value per share plus dividends of 17 percent over the past 12 months. The strength of the CET1 capital ratio, which stands at 13.42 percent, has prompted to accelerate the remuneration plans for BBVA shareholders: on Oct. 31, the bank will start executing the pending share buyback for €993 million; on Nov. 7, it will pay the highest interim dividend ever (€0.32 per share), for a total of €1.84 billion; and, as soon as it receives the authorization from the European Central Bank (ECB), it will launch a significant additional share buyback program¹.

The Fundación Universidad-Empresa (FUE) has honored the financial institution for its steadfast commitment to learning, training, and the professional development of interns in Spain.

BBVA Spark has struck a financing deal worth up to €50 million with Sesame, Spain’s leading HR software company. This funding will enable Sesame to ramp up its growth across Europe, while allocating its own resources to strengthening its leadership in AI. The agreement also marks the launch of an innovative financial instrument in Europe.

Garanti BBVA, Be Node and the Turkish Informatics Foundation recently collaborated on research to explore how young people use financial technology. The findings from the study show their strong connection to digital tools, as well as their need for greater support in financial literacy.

Franco Cinquegrana is BBVA's new country manager in Uruguay, replacing Alberto Charro, who is leaving the BBVA Group after a successful career spanning more than 35 years. This change is subject to obtaining the relevant regulatory approvals.

For many companies, growth no longer simply means gaining market share at home, it means exploring new horizons. In this context, cross-border business has become a strategic decision to diversify risk and access new opportunities. BBVA Corporate & Investment Banking supports its clients' ambitions with a comprehensive offering that combines a global network, tailored financial solutions, and expert local insight.

BBVA is backing the joint statement from global business leaders prior to COP30, which underscores the commercial viability of the decarbonization of the economy and the climate transition.The statement urges companies and political leaders to “scale the historic opportunity for returns, resilience and growth.” Chairs and CEOs from the World Economic Forum’s Alliance of CEO Climate Leaders, including BBVA Chair Carlos Torres Vila, signed the statement.

BBVA’s Turkish unit has completed a new $700 million Basel III‑compliant Tier 2 issue, taking its subordinated bond sales over the past two years to $2.45 billion, the largest recent total among banks. Strong demand and competitive pricing underscored international investor confidence.

In an increasingly digital world, data centers have become critical infrastructure underpinning technological and economic progress. Their rapid growth, however, brings with it unavoidable challenges in terms of sustainability and efficiency. In this context, BBVA CIB positions itself as a strategic partner for companies, supporting them in their transition towards more responsible and resilient models capable of adapting to a constantly evolving environment.

BBVA Chair Carlos Torres Vila took part in the closing ceremony of the BBVA Spark Summit 2025 in Barcelona, the leading event for startups, scaleups and investors. In a dialogue with BBVA Spark Global Head Santiago Muguruza, he stressed AI’s central role in customer service and outlined a series of strategic AI projects designed to deliver excellence in customer‑relationship processes, customization and efficiency.

BBVA has received LEED Gold certification (Leadership in Energy and Environmental Design) for the sustainability of its office located at 389 9th Avenue in New York. This recognition, awarded by the U.S. Green Building Council (USGBC), accredits the entity's commitment to energy efficiency, responsible use of resources and the creation of healthy spaces for its professionals and customers.

Antoni Ballabriga, Global Head of Sustainability Intelligence at BBVA, shares the key takeaways from New York Climate Week 2025, within the broader framework of the UN General Assembly. Climate Week NYC is widely regarded as a flagship event in championing sustainability alongside the COP conferences.

The three leading rating agencies have upgraded BBVA’s rating over the past three weeks. On Tuesday, Fitch upgraded the long-term senior preferred debt one notch, from A- to A. It also upgraded BBVA’s long-term issuer rating, from BBB+ to A-, with a stable outlook, among other improvements. This latest move joins the recent upgrades by S&P and Moody’s.

BBVA CEO Onur Genç said on Tuesday that the acceptance period for the takeover bid for Banco Sabadell is progressing well ahead of expectations. Genç participated in the 16th Financial Meeting organized by KPMG and business daily Expansión in Madrid, where he emphasized the positive response from shareholders, both institutional and retail, who are backing the transaction. He reiterated his belief that BBVA will comfortably exceed the 50 percent acceptance threshold thanks to the financial appeal and strategic rationale of the offer. He also stressed that “waiting for a hypothetical second bid makes no sense, as it would be highly unlikely and would offer no advantages in terms of price, timing or taxation. Shareholders who do not tender their shares will be left out and will not benefit from the price being offered,” he said.

It will soon be enough to spot a shirt we like and just ask a voice-enabled AI device to send it home in our size and in a different color, bypassing the entire traditional online shopping process. Artificial intelligence is set to transform shopping into a conversational experience, explained Carmela Gómez, Global Head of Open Banking at BBVA, at the Sibos financial event. AI will also enable companies to anticipate cash needs, open up new financial opportunities for vulnerable communities, and make access to credit easier for gig economy workers.

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Following the recent upgrade of BBVA’s rating by S&P, another leading ratings agency, Moody’s, has raised BBVA’s rating from A3 to A2, one notch above that of Spain, with a stable outlook. The main reason behind this upgrade is the favorable performance of BBVA’s fundamentals.

SWIFT, the global financial messaging network connecting more than 11,500 institutions in 200 countries, is set to develop a shared blockchain platform that will function as a common digital ledger for banks around the world. This infrastructure will enable seamless, real-time international payments and transfers and transactions with stablecoins and digital assets. BBVA has joined a consortium of more than 30 partner banks now starting work on a prototype.

BBVA’s Turkish franchise has shifted a branch-only product to digital channels, enabling quicker access for clients funding sustainability-focused investments.

BBVA has introduced an innovative new feature to its banking app, allowing customers to personalize their Visa cards using Image Playground with Apple Intelligence technology. The functionality is now available in Spain on virtual cards for users with iPhone 15 Pro and newer models, and will soon be extended to physical cards.

BBVA, in a further show of its commitment to offering innovative payment solutions, has launched a new virtual card product in Mexico alongside Mastercard (NYSE: MA) and Sabre Direct Pay, Sabre Corporation’s (NASDAQ: SABR) virtual payment solution. This innovative offering in Mexico enables travel agencies to issue secure virtual card numbers (VCNs) for each payment. This improves control, integrates with backend reconciliation tools, and significantly reduces manual work and errors.

BBVA shareholders will receive on November 7¹, 2025, a gross interim cash dividend of €.032 per share charged to 2025 earnings, up 10 percent from a year earlier. This is the highest interim dividend in BBVA’s history. Banco Sabadell shareholders who have tendered their shares will also receive this dividend, as the payout will materialize following the settlement of the tender offer.

BBVA, as a founding member (and only bank), has joined the Coalition for Sustainable Procurement, a global alliance led by the United Nations Global Compact that seeks to mainstream sustainability into procurement processes and supply chains internationally.

Clean technologies, also known as 'cleantech', are technologies that contribute to sustainability and environmental protection. This includes innovative solutions for  both climate change adaptation and mitigation, ranging from emission reduction to biodiversity protection and water treatment.

The Global Head of Sustainability and Corporate and Investment Banking at BBVA, Javier Rodríguez Soler, underscored the enormous demand for electricity and energy expected in the U.S. in the coming years, and the need to have the greatest possible variety and quantity of energy sources. “In this sense, we see a growing potential to invest in clean energy in the U.S.,” he said at the ‘Latin America, the U.S. and Spain in the Global Economy Forum’ as part of New York Climate Week activities.