StockWatch
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Commercial Banks
Quarterly ResultJul 30, 2026, 08:08 AM

BBVA 2Q26 Net Attributable Profit +11.4% to €3.06B; CET1 12.90%

AI Summary

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVA) reported strong financial results for the second quarter of 2026, with Net Attributable Profit increasing by 11.4% to €3.06 billion. The bank maintained a solid capital position with a CET1 ratio of 12.90% and achieved a ROTE of 22.2%. Core revenues showed excellent evolution, growing 17.4%, driven by sustained loan growth of 17.7%. BBVA also announced a new €2 billion share buyback program and is advancing its AI transformation strategy, while updating its 2026 outlook for key regions.

Key Highlights

  • Net Attributable Profit rose 11.4% to €3.06 billion in 2Q26.
  • CET1 Ratio stood at a solid 12.90% in 2Q26, up 7 basis points QoQ.
  • Return on Tangible Equity (ROTE) reached 22.2% for 2Q26.
  • Total loan growth was strong at 17.7% compared to June 2025.
  • Constant core revenues (Net Interest Income + Fees) increased by 17.4% in 2Q26 vs 2Q25.
  • A new €2 billion share buyback program has been approved.
  • Mexico's 2026 outlook includes around 10% loan growth and high single-digit NII growth.
  • Turkey's guidance improved with Cost of Risk around 220 bps and high teens gross income growth.