Equity Profile

BBVA

Banco Bilbao Vizcaya Argentaria, S.A.

FinancialsDiversified Banks$130.3B

Apr30Thu

Post-Earnings Recap

ReportedQ1-2026Pre-Market1:00 AM EDT

BBVA Beats on EPS, Stock Up 3.9%

Metric	Actual	Expected	Surprise
EPS	$0.60	N/A	+5.40%
Revenue	N/A	N/A	N/A

management commentary, guidance changes, and full analysis available with Pro.

BBVA Beats on EPS, Stock Up 3.9%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.60	N/A	+5.40%
Revenue	N/A	N/A	N/A

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

BBVA reported an EPS of $0.60, which was above expectations, leading to a positive stock reaction with a 3.9% increase. However, there was no revenue data or guidance provided, leaving some uncertainty about future performance.

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Loan Growth

Loan growth reflects the bank's ability to expand its lending business, which is crucial for revenue generation.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a major financial institution based in Spain, providing a range of banking services including retail banking, corporate banking, and investment solutions. As a diversified bank, it plays a significant role in the financial sector, particularly in Europe and Latin America, where it is influenced by trends in consumer spending and economic growth.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+40.09%

Avg Stock Reaction

+3.29%

Last Quarter Recap

In the last quarter, BBVA reported an EPS of $0.49, beating estimates by 2.59%. However, the stock experienced a slight decline of 1.82% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of BBVA's earnings report, given its strong historical performance in beating EPS estimates. However, there is uncertainty regarding revenue figures and broader economic conditions.

Bull Case

If BBVA continues its trend of beating EPS estimates, it could signal strong operational performance and effective cost management, potentially leading to a positive stock reaction.

Bear Case

Conversely, if the bank fails to meet expectations for loan growth or net interest margin, it could raise concerns about its future profitability and lead to a negative stock response.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the loan growth rate be this quarter?

Loan growth is critical for BBVA's revenue, and any significant change could impact investor confidence.

How has the net interest margin changed compared to last quarter?

Changes in net interest margin can indicate the bank's efficiency in managing its interest income and expenses, affecting overall profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BBVA's ability to maintain strong loan growth despite economic challenges, as historical data shows resilience in its lending practices.

Supporting Evidence

BBVA has consistently beaten EPS estimates, indicating strong operational management.

The bank's diversified presence in multiple regions may buffer against localized economic downturns.

Options pricing suggests a higher expected move than historical averages, indicating potential for a significant reaction.

Key Risk

If loan growth exceeds 5%, it could challenge the current cautious outlook and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on BBVA's ability to maintain loan growth and manage its interest margin effectively.

Bull Confirmed If

A loan growth rate of over 5% would confirm the bull case, indicating strong demand for lending.

Bear Confirmed If

A net interest margin decline below 2.5% would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±5.52%

Historical Avg

±3.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±5.5% while BBVA has averaged ±3.7% over the last 8 prints — setup is pricing rich.

Detail

30d HV

39.2%

Calls (3K)P/C Ratio: 1.67Puts (400)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

3.43%

of float

Insider

0.02%

of float

Holders

578

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
33,954,738 sh · $742.6M
0.59%
-11.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BBVA beats expectations, history suggests a potential stock increase of around 2.90%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may react moderately, reflecting cautious investor sentiment.

Miss

Should BBVA miss expectations, the stock could decline by around 3.98%, indicating concerns about future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth rates and their impact on revenue.
2Details on net interest margin trends and how they compare to previous quarters.
3Management's outlook on economic conditions in key markets.
4Insights into cost management strategies and operational efficiencies.
5Any commentary on regulatory impacts or changes in banking policies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Apr27

OMABReported

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

RecapView

Apr27

PIIReported

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Loan Growth

Loan growth reflects the bank's ability to expand its lending business, which is crucial for revenue generation.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+40.09%

Avg Stock Reaction

+3.29%

Last Quarter Recap

In the last quarter, BBVA reported an EPS of $0.49, beating estimates by 2.59%. However, the stock experienced a slight decline of 1.82% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If BBVA continues its trend of beating EPS estimates, it could signal strong operational performance and effective cost management, potentially leading to a positive stock reaction.

Bear Case

Conversely, if the bank fails to meet expectations for loan growth or net interest margin, it could raise concerns about its future profitability and lead to a negative stock response.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the loan growth rate be this quarter?

Loan growth is critical for BBVA's revenue, and any significant change could impact investor confidence.

How has the net interest margin changed compared to last quarter?

Changes in net interest margin can indicate the bank's efficiency in managing its interest income and expenses, affecting overall profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BBVA's ability to maintain strong loan growth despite economic challenges, as historical data shows resilience in its lending practices.

Supporting Evidence

BBVA has consistently beaten EPS estimates, indicating strong operational management.

The bank's diversified presence in multiple regions may buffer against localized economic downturns.

Options pricing suggests a higher expected move than historical averages, indicating potential for a significant reaction.

Key Risk

If loan growth exceeds 5%, it could challenge the current cautious outlook and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on BBVA's ability to maintain loan growth and manage its interest margin effectively.

Bull Confirmed If

A loan growth rate of over 5% would confirm the bull case, indicating strong demand for lending.

Bear Confirmed If

A net interest margin decline below 2.5% would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±5.52%

Historical Avg

±3.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±5.5% while BBVA has averaged ±3.7% over the last 8 prints — setup is pricing rich.

Detail

30d HV

39.2%

Calls (3K)P/C Ratio: 1.67Puts (400)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

3.43%

of float

Insider

0.02%

of float

Holders

578

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
33,954,738 sh · $742.6M
0.59%
-11.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BBVA beats expectations, history suggests a potential stock increase of around 2.90%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may react moderately, reflecting cautious investor sentiment.

Miss

Should BBVA miss expectations, the stock could decline by around 3.98%, indicating concerns about future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth rates and their impact on revenue.
2Details on net interest margin trends and how they compare to previous quarters.
3Management's outlook on economic conditions in key markets.
4Insights into cost management strategies and operational efficiencies.
5Any commentary on regulatory impacts or changes in banking policies.