BBVA celebrated the fourth anniversary of its digital retail bank in Italy, which currently has over 800,000 customers and expects to reach one million in 2026. Since last November, BBVA Italy has increased its customer base by 35 percent, and has multiplied the financing granted to customers eightfold, including 1,800 mortgages. The success of the BBVA Italy model is driving the Group’s organic growth strategy across the rest of Europe, as CEO Onur Genç explained at a meeting with the media at the bank’s new offices in Milan. “Our priority is to consolidate our progress and ensure sustainable long-term growth: expanding our presence in key financial products, such as investments, and continuing to attract customers from traditional banks seeking a more modern experience”, Genç said.

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.

Who hasn’t been there at some point? An important bill comes in and due to either an oversight or an unforeseen expense, you don’t have sufficient money in your account. To prevent these situations, BBVA has come up with a smart solution on its app that lets you stay one step ahead and boost your account balance. What’s more, if you need it and meet certain requirements, such as having your salary deposited into your account, or a personal loan, you automatically receive up to €300 in coverage to pay for direct debit bills, avoiding last-minute stress.

Within the framework of the 4th International Conference on Financing for Development (FFD4), held from June 30 to July 3 in Seville, the BBVA Microfinance Foundation (FMBBVA) is strengthening its position as a benchmark in development financing from the private sector. Of special note is its commitment to technological innovation to promote the progress of vulnerable entrepreneurs. 

Jaime Sáenz de Tejada, Global Head of Commercial & Institutional Client Solutions, stated that “one in four companies in Spain chose BBVA in 2024, a figure that is even more impressive in Catalonia, where one in three companies chose BBVA.”

In recent weeks, the role of the financial conglomerate has drawn renewed attention.  Some observers argue that several European banks are seeking to expand into insurance, hoping to qualify as conglomerates and benefit from more favorable capital requirements under the so-called Danish compromise.  But does this classification always serve a bank’s interests?  The answer hinges on the bank’s business model.  For some, the fit is natural; for others, it’s like slipping into shoes that are simply too big: awkward and ill-suited to their needs.

On Thursday, April 10, BBVA will pay a supplementary dividend of €0.41 per share. Added to the interim dividend paid in October, the total payout for 2024 rises to €0.70 per share, the bank’s highest since 2007. BBVA has also announced a €993 million share buyback.  Through dividends and the buyback, the bank will return a combined €5.03 billion to shareholders this year, half of its 2024 profit.

Like every year, global and European regulators have published their annual work plans, in which they describe the lists of initiatives underway in the regulation areas they will prioritize in  2025.

Ten years have passed since the implementation of a supervisory system for banks in Europe to help them absorb losses in the event of a crisis so that the state doesn't have to bail them out. Needless to say, much progress has been made in this last decade: banks have become significantly more resilient, are compliant with MREL requirements, and have designed and tested recovery and resolution plans. Moreover, Europe has gained some experience in actually implementing the resolution framework following the failures of Banco Popular and Sberbank.

Since it took its first steps in Switzerland 50 years ago, BBVA’s Swiss subsidiary has managed to build an outstanding international private banking franchise. Thanks to its client-centric business model and relying heavily on technology as a key driver of financial transformation, the bank continues to lead an industry increasingly dominated by innovation and digital assets.

BBVA CEO Onur Genç, speaking on Wednesday at Bank of America's annual investor conference, stated that the process in the Banco Sabadell transaction is actually relatively straightforward. "Spain has excellent institutions, and the CNMC, the competition supervisor, is certainly one of them," he said. Genç noted that similar deals have been approved in the past and expressed confidence that, “If the same methodology is applied, the deal should be cleared in phase 1, as there are no competition issues.” On Mexico, he emphasized the country's highly positive prospects and reaffirmed that the bank "will continue to deliver reliable high returns."

For more than a century and a half, BBVA’s attitude has remained intact. It is an attitude that pursues progress and listens closely to society’s needs, always seeking to stay ahead in order to find the best way to support people and businesses in advancing their goals. Because everyone who has a goal in mind is capable of building a better future.

BBVA Chair Carlos Torres Vila and Spanish Minister of the Economy Carlos Cuerpo launched the 41st edition of the APIE Seminar in Santander, Spain on Monday. The event focuses on the role of companies in the new economy. In his presentation Torres Vila emphasized BBVA's support for Spanish businesses, particularly SMEs, which he identified as key drivers of the country’s growth and development. Specifically, he said, “our view of the importance of SMEs is one of the reasons for the offer we presented to Banco Sabadell shareholders a little over a month ago,” as the bank holds a strong position in this segment. “The transaction represents a clear commitment to SMEs, and will further reinforce our commitment to this kind of businesses,” Torres Vila stated.

A takeover bid happens when an investor or a group of investors offers to buy shares from all the shareholders of a listed company. They usually offer a specific price for these shares or other securities that give them an ownership stake in the company.

BBVA shareholders will receive a gross cash dividend of 39 euro cents per share this Wednesday, 26 percent more than in April of last year. This dividend comes on top of the 16 cents per share paid in October as an interim dividend charged to 2023 earnings and the €781 million share buyback initiated on March 4, 2024.

On the morning of Wednesday, March 13th, the European Parliament gave its final approval of the European Artificial Intelligence Act.  According to some EU authorities, this makes the bloc the first international jurisdiction with comprehensive legislation on the use of artificial intelligence (AI).

Luisa Gómez Bravo has been CFO of the Group since September 2023. She recognizes that the first few months in her new role have been very intense. After all, the Finance unit is responsible for the Group’s financial planning and monitoring, for capital, for managing liquidity and structural balance sheet risks, for relations with the Group’s investors and shareholders, and many other functions. After a historic 2023 in financial terms, Gómez Bravo predicts that 2024 will be another great year for BBVA. This will be possible, she maintains, thanks to the Group’s structural strengths:  leading franchises in high growth markets and a strategic focus based on the opportunities provided by innovation, digitization and sustainability. And these focal points have been the main drivers of the bank’s growth. “BBVA’s ability to combine profitability and growth is unique in the European banking sector and it sets us apart from our competitors,” she stressed.

BBVA has completed the sale of a portfolio of secured non-performing loans (NPLs). The portfolio has a gross value of approximately €330 million. This is BBVA's second such sale in 2023.

BBVA has updated the Group's Tax Strategy, last published in 2015. The bank thereby addresses rising interest among analysts, investors and wider society in corporate decisions with an impact on environmental, social and good governance issues. The new strategy strengthens the governance, oversight and control structure by creating a specific tax compliance body and integrating ESG criteria in tax decision-making.

BBVA’s Turkish franchise is strategically reinforcing its commitment to enhance customer accessibility by extending remote banking services to corporate clients.

BBVA shareholders are to receive on October 11, 2023 an interim cash dividend of €0.16 (gross) against 2023 earnings. This dividend is 33 percent higher than that of October 2022 (€0.12 per share).

BBVA has stood out in the 2023 stress test of the European Banking Authority (EBA).  The exercise is carried out every two years and examines the banks’ capacity to maintain minimum capital levels and own resource requirements under two scenarios: a baseline and an adverse one. In the baseline scenario BBVA would generate 326 basis points, to a maximum fully-loaded CET1 of 15.87 percent as of December 2025. In the adverse scenario, BBVA would see a capital depletion of 295 basis points, to a fully-loaded CET1 of 9.66 percent. This impact is significantly lower than the average of the European banks surveyed (459 bps). BBVA is the third bank with lowest impact among its comparable group¹.

Celia Mosquera has had to reinvent herself three times after being forcibly displaced by violence in Colombia. Her story is one example of the remarkable resilience of micro entrepreneurs supported by the BBVA Microfinance Foundation (BBVAMF): 60 percent of them managed to overcome poverty after five years of assistance and finance from the entities within the foundation.

BBVA has given a new boost to its Wealth Management unit within the Private Banking area in Spain to enhance its range of services for individuals with a net worth of over €2 million. With a view to more personalized support for customers, BBVA Private Banking has recruited 28 new bankers (an increase of 38%), bringing the total team to 101 professionals. Of these new entrants, 13 will focus on the Ultra High Net Worth segment (net worth of more than €10 million).

BBVA will allocate more than €3 billion of 2022 earnings (47% of reported net attributable profit) to shareholder distribution in the form of dividends and a new share buyback program. The bank will pay a final dividend of 31 euro cents per share on April 5.

BBVA reported a total tax payment in 2022 of €10,948 million (+33 percent vs. 2021) across all the countries in which it operates, of which €5,023 million (+65 percent) were its own taxes and €5,925 million (+14 percent) were third-party taxes. This was the highest tax payment ever recorded by the Group, in line with its earnings performance during the past year. In Spain, BBVA generated a total tax contribution of €2,759 million, of which €1,326 million consisted of its own taxes (+42 percent).