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Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Q1 2026 earnings results (first quarter 2026)

6-K filed Apr 30, 2026

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reported revenue of $10.7B for the first quarter 2026 (Q1 2026), +14% from a year earlier. Operating margin was 28.1%, net earnings $3.0B (28.1% of revenue).

Revenue$10.7B
Year over year+14%
Quarter over quarter—
Operating margin28.1%
Net earnings$3.0B

Banco Bilbao Vizcaya Argentaria, S.A., Q1 2026: revenue $10.7B (+14% year over year), operating margin 28.1%, net earnings $3.0B. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$10.7B—+14%
Operating profit$3.0B—+11%
Net earnings$3.0B—+11%

What changed

Revenue was €10.7B in Q1 2026, up 14% year over year.

Operating profit was €3.0B, a 28.1% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 29% margin then. Total costs grew 16% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were €3.0B, up 11% year over year. The effective tax rate was 0.0%.

Questions

What was Banco Bilbao Vizcaya Argentaria, S.A.'s revenue in the first quarter 2026?

Banco Bilbao Vizcaya Argentaria, S.A.

Was Banco Bilbao Vizcaya Argentaria, S.A. profitable in the first quarter 2026?

Operating profit was $3.0B (28.1% of revenue) and net earnings $3.0B.

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Source: Banco Bilbao Vizcaya Argentaria, S.A. 6-K on SEC EDGAR.