StockWatch
·
Commercial Banks
RatingOct 20, 2026, 01:56 PM

BBVA Long-Term Issuer Rating Upgraded to AA (low) by DBRS

AI Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) announced that Morningstar DBRS has upgraded its long-term senior issuer rating by one notch to AA (low) from A (high), with the outlook changing to stable from positive. Several other BBVA ratings were also upgraded or confirmed, including long-term senior debt, subordinated debt, long-term deposits, and senior non-preferred debt, all with stable outlooks. Short-term ratings and long-term critical obligations ratings were confirmed.

Key Highlights

  • Morningstar DBRS upgraded BBVA's long-term senior issuer rating to AA (low) from A (high) with a stable outlook.
  • Long-term senior debt rating upgraded to AA (low) from A (high) with a stable outlook.
  • Subordinated debt rating upgraded to A from A (low) with a stable outlook.
  • Long-term deposits rating upgraded to AA (low) from A (high) with a stable outlook.
  • Senior non-preferred debt rating upgraded to A (high) from A with a stable outlook.
  • Short-term issuer rating confirmed at R-1 (middle) with a stable outlook.
  • Short-term debt rating confirmed at R-1 (middle) with a stable outlook.
  • Long-term critical obligations rating confirmed at AA with a stable outlook.