Banco Bilbao Vizcaya Argentaria, S.A. Q3 2025 Earnings Recap

BBVA delivered robust financial results for Q3 2025, achieving a net attributable profit of over EUR 2.5 billion and a year-to-date profit nearing EUR 8 billion, despite challenging market conditions marked by falling interest rates.

Key Takeaways

• Tangible book value per share increased by 17% year-over-year and 4.5% quarter-over-quarter.
• Core revenues demonstrated strong growth with net interest income and fees rising by 18% and 15% year-over-year, respectively.
• CET1 capital ratio improved by 8 basis points to 13.42%, allowing for enhanced shareholder remuneration.
• Year-to-date net attributable profit reached a record level of almost EUR 8 billion, up 4.7% year-over-year.
• Sustained loan growth at 16% year-over-year, with Mexico and Spain contributing significantly to profitability.