BBVA stock: fundamental analysis
Stocks · BBVA · Financial Services
Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The company offers traditional retail, wholesale, investment, and transaction banking. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 24.66 EUR
- Market cap: 136.3B EUR
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 18.9%: it earns a high return on shareholders' money. Out of every 100 in sales, 32.6 end up as profit.
Financial health
For banks and insurers, debt is part of the business, so ratios such as net debt/EBITDA do not apply. Their strength is measured by capital (CET1 ratio) and bad loans, reported in their quarterly results.
Growth
Revenue is growing 20.2% year on year: a solid pace. Earnings are up 15.2%.
Valuation
It trades at a P/E of 13.0, in line with the 14.4 median of the financial services companies we track. On expected earnings the P/E falls to 10.7: the market expects profits to rise.
Dividend
Dividend yield of 3.7% (0.92 EUR per share per year) with a payout ratio of 48.7%.
Tools
All metrics
| BBVA | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 18.9% | 17.4% |
| ROA | 1.4% | 1.4% |
| Gross margin | — | 64.0% |
| Operating margin | 56.4% | 57.4% |
| Net margin | 32.6% | 34.9% |
| Financial health | ||
| Net debt/EBITDA | — | — |
| Debt/equity | — | 0.5x |
| Current ratio | — | 2.0x |
| Growth | ||
| Revenue growth | 20.2% | 13.4% |
| Earnings growth | 15.2% | 12.8% |
| Valuation | ||
| P/E ratio | 13.0x | 14.4x |
| Forward P/E | 10.7x | 11.9x |
| EV/EBITDA | — | — |
| Price/book | 2.4x | 2.2x |
| FCF yield | — | 3.4% |
| Dividend | ||
| Dividend yield | 3.7% | 3.8% |
| Payout ratio | 48.7% | 47.5% |
| Beta (volatility) | 0.9x | 0.6x |
Frequently asked questions
What is BBVA's P/E ratio?
BBVA's P/E is 13.0 based on trailing 12-month earnings and 10.7 on expected earnings. The median for its sector among the companies we track is 14.4. Data as of September 18, 2026.
What dividend does BBVA pay?
Dividend yield of 3.7% (0.92 EUR per share per year) with a payout ratio of 48.7%.
Is BBVA stock expensive?
It trades at a P/E of 13.0, in line with the 14.4 median of the financial services companies we track. On expected earnings the P/E falls to 10.7: the market expects profits to rise. This is an educational reading based on ratios, not a buy or sell recommendation.
Does BBVA have a lot of debt?
For banks and insurers, debt is part of the business, so ratios such as net debt/EBITDA do not apply. Their strength is measured by capital (CET1 ratio) and bad loans, reported in their quarterly results.
What is BBVA's market cap?
BBVA has a market cap of 136.3B EUR and its shares trade at 24.66 EUR, with a 52-week range of 15.40 EUR to 25.49 EUR (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.