(BBVA) Banco Bilbao Viscaya - Ratings and Ratios

Exchange: NYSE • Country: Spain • Currency: USD • Type: Common Stock • ISIN: US05946K1016

Retail Banking, Wholesale Banking, Asset Management, Insurance, Loans

Diversified Banks
Market Cap in USD: 134,034m

IPO / Inception: 1988-12-15
Return 12m vs S&P 500: 105%

EPS (Earnings per Share)

EPS CAGR: 22.35%
EPS Trend: 95.7%

Last SUE: -0.80
Qual. Beats: 0

Revenue

Rev. CAGR: 37.14%
Rev. Trend: 54.2%

Last SUE: 1.62
Qual. Beats: 1

Dividends

Dividend Yield	3.51%
Yield on Cost 5y	21.32%
Yield CAGR 5y	50.08%
Payout Consistency	84.4%
Payout Ratio	42.7%

Risk via 5d forecast
Volatility	29.0%
Value at Risk 5%th	48.3%
Relative Tail Risk	1.12%

Reward TTM
Sharpe Ratio	2.89
Alpha	129.78
CAGR/Max DD	3.13

Character TTM
Hurst Exponent	0.575
Beta	0.839
Beta Downside	0.846

Drawdowns 3y
Max DD	19.76%
Mean DD	5.22%
Median DD	3.60%

Description: BBVA Banco Bilbao Viscaya December 02, 2025

Banco Bilbao Vizcaya Argentaria (BBVA) is a diversified banking group headquartered in Bilbao, Spain, operating retail, wholesale, and asset-management businesses across Spain, Mexico, Turkey, South America, the broader EU, the United States, and Asia. Its product suite spans traditional deposits, mortgages, credit cards, corporate lending, insurance, leasing, factoring and brokerage services, with an increasingly digital front-end delivered via online and mobile channels.

Key recent metrics (Q3 2024) show a net profit of €4.3 bn, a CET1 capital ratio of 13.4 % (above the 11.5 % EU regulatory minimum), and a net interest margin (NIM) of 1.78 %-both reflecting the bank’s resilience amid a low-rate environment. Loan growth was 5.2 % YoY, driven largely by strong credit-card and SME lending in Mexico, while non-performing loan ratios in Spain eased to 3.1 % after a year-long deterioration. Digital adoption continues to accelerate: over 65 % of retail customers now use BBVA’s mobile app for core transactions, supporting cost efficiencies and cross-sell opportunities.

Sector-wide drivers that will shape BBVA’s outlook include the European Central Bank’s tightening cycle (which could lift NIM but also increase funding costs), the ongoing consolidation of the Eurozone banking market, and macro-economic headwinds in Mexico and Turkey that could pressure credit quality. Conversely, the bank’s diversified geographic footprint and its strategic focus on digital transformation provide a hedge against region-specific downturns.

For a deeper, data-rich analysis of BBVA’s valuation dynamics and scenario modeling, you might find ValueRay’s platform useful as a next step.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (10.41b TTM) > 0 and > 6% of Revenue (6% = 3.19b TTM)

FCFTA 0.00 (>2.0%) and ΔFCFTA 0.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -847.9% (prev -973.8%; Δ 125.9pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 4.26b <= Net Income 10.41b (YES >=105%, WARN >=100%)

Net Debt (44.14b) to EBITDA (17.59b) ratio: 2.51 <= 3.0 (WARN <= 3.5)

Current Ratio 0.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (6.03b) change vs 12m ago 0.93% (target <= -2.0% for YES)

Gross Margin 58.17% (prev 50.80%; Δ 7.37pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 6.71% (prev 3.88%; Δ 2.83pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.98 (EBITDA TTM 17.59b / Interest Expense TTM 16.45b) >= 6 (WARN >= 3)

Altman Z'' -3.23

(A) -0.55 = (Total Current Assets 130.78b - Total Current Liabilities 581.05b) / Total Assets 813.06b

(B) 0.06 = Retained Earnings (Balance) 52.56b / Total Assets 813.06b

(D) 0.05 = Book Value of Equity 38.55b / Total Liabilities 751.25b

Total Rating: -3.23 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.95

1. Piotroski 3.0pt

2. FCF Yield 3.07%

3. FCF Margin 5.78%

4. Debt/Equity 1.91

5. Debt/Ebitda 2.51

6. ROIC - WACC (= 1.32)%

7. RoE 18.49%

8. Rev. Trend 54.19%

9. EPS Trend 95.67%

What is the price of BBVA shares?

As of January 11, 2026, the stock is trading at USD 23.70 with a total of 1,250,937 shares traded.
Over the past week, the price has changed by -1.21%, over one month by +8.27%, over three months by +30.63% and over the past year by +148.34%.

Is BBVA a buy, sell or hold?

Banco Bilbao Viscaya has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy BBVA.

Strong Buy: 1
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BBVA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	22.1	-6.6%
Analysts Target Price	22.1	-6.6%
ValueRay Target Price	38	60.3%

BBVA Fundamental Data Overview January 10, 2026

Market Cap EUR = 114.73b (134.03b USD * 0.856 USD.EUR)
P/E Trailing = 11.6158
P/E Forward = 10.627
P/S = 4.237
P/B = 1.9856
P/EG = 2.6203
Beta = 1.01
Revenue TTM = 53.10b EUR
EBIT TTM = 16.05b EUR
EBITDA TTM = 17.59b EUR
Long Term Debt = 82.67b EUR (from longTermDebt, last quarter)
Short Term Debt = 26.04b EUR (from shortTermDebt, last quarter)
Debt = 110.14b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 44.14b EUR (from netDebt column, last quarter)
Enterprise Value = 99.76b EUR (114.73b + Debt 110.14b - CCE 125.11b)
Interest Coverage Ratio = 0.98 (Ebit TTM 16.05b / Interest Expense TTM 16.45b)
EV/FCF = 32.53x (Enterprise Value 99.76b / FCF TTM 3.07b)
FCF Yield = 3.07% (FCF TTM 3.07b / Enterprise Value 99.76b)
FCF Margin = 5.78% (FCF TTM 3.07b / Revenue TTM 53.10b)
Net Margin = 19.61% (Net Income TTM 10.41b / Revenue TTM 53.10b)
Gross Margin = 58.17% ((Revenue TTM 53.10b - Cost of Revenue TTM 22.21b) / Revenue TTM)
Gross Margin QoQ = 45.87% (prev 84.19%)
Tobins Q-Ratio = 0.12 (Enterprise Value 99.76b / Total Assets 813.06b)
Interest Expense / Debt = 7.38% (Interest Expense 8.12b / Debt 110.14b)
Taxrate = 31.18% (1.21b / 3.87b)
NOPAT = 11.05b (EBIT 16.05b * (1 - 31.18%))
Current Ratio = 0.23 (Total Current Assets 130.78b / Total Current Liabilities 581.05b)
Debt / Equity = 1.91 (Debt 110.14b / totalStockholderEquity, last quarter 57.64b)
Debt / EBITDA = 2.51 (Net Debt 44.14b / EBITDA 17.59b)
Debt / FCF = 14.39 (Net Debt 44.14b / FCF TTM 3.07b)
Total Stockholder Equity = 56.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.32% (Net Income 10.41b / Total Assets 813.06b)
RoE = 18.49% (Net Income TTM 10.41b / Total Stockholder Equity 56.30b)
RoCE = 11.55% (EBIT 16.05b / Capital Employed (Equity 56.30b + L.T.Debt 82.67b))
RoIC = 8.40% (NOPAT 11.05b / Invested Capital 131.52b)
WACC = 7.08% (E(114.73b)/V(224.87b) * Re(9.01%) + D(110.14b)/V(224.87b) * Rd(7.38%) * (1-Tc(0.31)))
Discount Rate = 9.01% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.64%
[DCF Debug] Terminal Value 74.61% ; FCFF base≈3.07b ; Y1≈2.01b ; Y5≈918.6m
Fair Price DCF = N/A (negative equity: EV 21.51b - Net Debt 44.14b = -22.63b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 95.67 | EPS CAGR: 22.35% | SUE: -0.80 | # QB: 0
Revenue Correlation: 54.19 | Revenue CAGR: 37.14% | SUE: 1.62 | # QB: 1
EPS next Year (2026-12-31): EPS=2.03 | Chg30d=+0.037 | Revisions Net=+1 | Growth EPS=+1.2% | Growth Revenue=+4.8%

Additional Sources for BBVA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle