BME:BBVA

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Banco Bilbao Vizcaya Argentaria

Executive Summary

Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Banco Bilbao Vizcaya Argentaria's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BBVA is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BBVA's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Spanish stocks.


Market Performance


7 Day Return

10.0%

BBVA

4.8%

ES Banks

2.5%

ES Market


1 Year Return

-17.2%

BBVA

-24.9%

ES Banks

-9.4%

ES Market

Return vs Industry: BBVA exceeded the Spanish Banks industry which returned -24.9% over the past year.

Return vs Market: BBVA underperformed the Spanish Market which returned -9.4% over the past year.


Shareholder returns

BBVAIndustryMarket
7 Day10.0%4.8%2.5%
30 Day60.8%53.2%25.0%
90 Day61.4%30.5%14.5%
1 Year-13.4%-17.2%-23.5%-24.9%-6.9%-9.4%
3 Year-36.9%-44.0%-46.6%-51.3%-5.7%-14.1%
5 Year-33.9%-46.4%-40.6%-50.7%0.5%-14.7%

Long-Term Price Volatility Vs. Market

How volatile is Banco Bilbao Vizcaya Argentaria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Banco Bilbao Vizcaya Argentaria undervalued compared to its fair value and its price relative to the market?

0.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BBVA (€3.96) is trading above our estimate of fair value (€1.47)

Significantly Below Fair Value: BBVA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BBVA is unprofitable, so we can't compare its PE Ratio to the ES Banks industry average.

PE vs Market: BBVA is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BBVA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BBVA is overvalued based on its PB Ratio (0.6x) compared to the ES Banks industry average (0.4x).


Next Steps

Future Growth

How is Banco Bilbao Vizcaya Argentaria forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

50.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBVA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.3%).

Earnings vs Market: BBVA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BBVA's is expected to become profitable in the next 3 years.

Revenue vs Market: BBVA's revenue is expected to decline over the next 3 years (-3.2% per year).

High Growth Revenue: BBVA's revenue is forecast to decline over the next 3 years (-3.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BBVA's Return on Equity is forecast to be low in 3 years time (7%).


Next Steps

Past Performance

How has Banco Bilbao Vizcaya Argentaria performed over the past 5 years?

-5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BBVA is currently unprofitable.

Growing Profit Margin: BBVA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BBVA is unprofitable, and losses have increased over the past 5 years at a rate of 5.7% per year.

Accelerating Growth: Unable to compare BBVA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BBVA is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-44%).


Return on Equity

High ROE: BBVA has a negative Return on Equity (1.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Banco Bilbao Vizcaya Argentaria's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BBVA's Assets to Equity ratio (15x) is moderate.

Allowance for Bad Loans: BBVA has a low allowance for bad loans (87%).

Low Risk Liabilities: 68% of BBVA's liabilities are made up of primarily low risk sources of funding.

Loan Level: BBVA has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: BBVA's Loans to Deposits ratio (84%) is appropriate.

Level of Bad Loans: BBVA has a high level of bad loans (3.9%).


Next Steps

Dividend

What is Banco Bilbao Vizcaya Argentaria current dividend yield, its reliability and sustainability?

2.93%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BBVA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BBVA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BBVA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BBVA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BBVA is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BBVA's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Onur Genc (46 yo)

1.92yrs

Tenure

€2,807,000

Compensation

Mr. Onur Genç is Chief Executive Officer of BBVA Group. Mr. Genç has been Director at Banco Bilbao Vizcaya Argentaria, SA - Sucursal em Portugal since December 20, 2018 and is its Chief Executive Officer. ...


CEO Compensation Analysis

Compensation vs Market: Onur's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD3.53M).

Compensation vs Earnings: Insufficient data to compare Onur's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Carlos Torres Vila
Group Executive Chairman1.92yrs€2.79m0.012%
€ 3.1m
Onur Genc
CEO & Director1.92yrs€2.81m0.0049%
€ 1.3m
Jaime Sáenz de Tejada Pulido
Chief Financial Officer5.83yrsno data0.0070%
€ 1.8m
María Luisa Gómez Bravo
Global Head of Corporate & Investment Banking1.92yrsno data0.0028%
€ 733.0k
Ricardo Laiseca
Head of Global Financeno datano datano data
Gloria Couceiro Justo
Global Head of Shareholder & IRno datano datano data
María Jesús Arribas de Paz
Global Head of Legal1.92yrsno data0.0015%
€ 404.6k
Paul Tobin
Global Head of Communications & Responsible Business5.5yrsno datano data
Juan Ignacio Apoita Gordo
Head of Human Resources & Services11.17yrsno datano data
José Luis Rodríguez Alvarez
Head of International Subsidiaries Structure - GA&IMno datano datano data
Rafeal Pardo
Head of BBVA Foundationno datano datano data
Myriam Luque
Head of Open Architecture Platform Quality Funds11yrsno datano data

5.5yrs

Average Tenure

52yo

Average Age

Experienced Management: BBVA's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Carlos Torres Vila
Group Executive Chairman1.92yrs€2.79m0.012%
€ 3.1m
Onur Genc
CEO & Director1.92yrs€2.81m0.0049%
€ 1.3m
Sunir Kapoor
Independent Director4.67yrs€172.00k0.00015%
€ 39.4k
José Maldonado Ramos
External Independent Director20.83yrs€341.00k0.00058%
€ 152.4k
Susana Rodríguez Vidarte
External Independent Director18.5yrs€448.00k0.00041%
€ 107.7k
Lourdes Máiz Carro
Independent Director6.67yrs€254.00kno data
Belen Garijo Lopez
Independent Director8.67yrs€349.00kno data
Juan Pi Llorens
Lead Independent Director1.58yrs€494.00kno data
José Miguel Andrés Torrecillas
Independent Deputy Chair of the Board1.58yrs€484.00k0.00016%
€ 42.0k
Ana Cristina Peralta Moreno
Independent Director2.67yrs€240.00kno data
Jaime Félix Caruana Lacorte
Independent Director2.67yrs€527.00kno data
Jan Paul Marie Verplancke
Independent Director2.67yrs€172.00kno data

2.7yrs

Average Tenure

60.5yo

Average Age

Experienced Board: BBVA's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco Bilbao Vizcaya Argentaria, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco Bilbao Vizcaya Argentaria, S.A.
  • Ticker: BBVA
  • Exchange: BME
  • Founded: 1857
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €26.273b
  • Shares outstanding: 6.64b
  • Website: https://www.bbva.com

Number of Employees


Location

  • Banco Bilbao Vizcaya Argentaria, S.A.
  • Plaza San Nicolás, 4
  • Bilbao
  • Basque Country
  • 48005
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBVX.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDOct 1988
BVALSE (London Stock Exchange)YesRegistered SharesGBEUROct 1988
BBVABME (Bolsas y Mercados Espanoles)YesRegistered SharesESEUROct 1988
BOYDB (Deutsche Boerse AG)YesRegistered SharesDEEUROct 1988
BBVABIT (Borsa Italiana)YesRegistered SharesITEUROct 1988
BBVA *BMV (Bolsa Mexicana de Valores)YesRegistered SharesMXMXNOct 1988
BOYXTRA (XETRA Trading Platform)YesRegistered SharesDEEUROct 1988
BBVAEBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEUROct 1988
BBVAWBAG (Wiener Boerse AG)YesRegistered SharesATEUROct 1988
BBVENXTBR (Euronext Brussels)YesRegistered SharesBEEUROct 1988
BBVANYSE (New York Stock Exchange)ADS EACH REPR 1 ORD EUR0.49USUSDDec 1988
BBVABVL (Bolsa de Valores de Lima)ADS EACH REPR 1 ORD EUR0.49PEUSDDec 1988
BBVADB (Deutsche Boerse AG)ADS EACH REPR 1 ORD EUR0.49DEEURDec 1988
BBVAXTRA (XETRA Trading Platform)ADS EACH REPR 1 ORD EUR0.49DEEURDec 1988
0A2BLSE (London Stock Exchange)ADS EACH REPR 1 ORD EUR0.49GBUSDDec 1988
BBVBASE (Buenos Aires Stock Exchange)CEDEAR EACH REPR 1 ADSARARSDec 2000

Biography

Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company provides current and savings accoun...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 20:05
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.