Revenue distribution by sector:

• Retail banking: approx. 40%
• Corporate banking: approx. 35%
• Wealth management and investment banking: approx. 15%
• Other services: approx. 10%

TOP 3 markets and their percentage shares:

• Spain: approx. 30%
• Mexico: approx. 25%
• Turkey: approx. 15%

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) generates its revenues mainly from retail and corporate banking. The Spanish market remains the largest individual market for BBVA, followed by Mexico, which makes a significant contribution due to its dynamic economy and BBVA's strong presence in the region. Turkey is also an important market, despite the economic challenges the country has faced in recent years.

Production Sites: Globally distributed, with a focus on Spain and Latin America.

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a multinational banking group headquartered in Spain. As a financial institution, BBVA does not produce physical products in the traditional sense, but offers financial services. These services are provided worldwide, with a focus on markets in Spain, Mexico, Turkey, and South America.

BBVA operates branches and service centers in these regions to offer its banking services such as loans, account management, and investment products. The bank also heavily invests in digital platforms to provide its services more efficiently on a global scale.

Digitalization: Focus on digital transformation and innovation
Sustainability: Investments in sustainable financial products
International Expansion: Focus on growth in Latin America and other emerging markets

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) pursues a strategy that is strongly focused on digitalization and technological innovation. The company invests significantly in digital platforms to enhance customer experience and increase efficiency. This strategy aims to secure competitiveness in an increasingly digital financial environment.

Another key aspect of the growth strategy is the promotion of sustainable financial solutions. BBVA is committed to promoting sustainable investments and developing green financial products to meet the growing demands for environmental responsibility.

In addition, BBVA is focusing on international expansion, particularly in Latin America and other emerging markets. These regions offer significant growth opportunities due to the increasing demand for financial services and economic development. Through these strategic initiatives, BBVA aims to strengthen its market position and secure long-term growth.

Main imported raw materials: Crude oil, natural gas, metals (e.g. copper, aluminum)

Countries of origin: Russia, Saudi Arabia, Chile, Australia

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is one of the largest banks in Spain and does not have a direct stake in the physical importation of raw materials. However, BBVA finances companies operating in the raw materials sector.

Spain imports a variety of raw materials, including crude oil and natural gas, mainly from Russia and Saudi Arabia. Metals such as copper and aluminum are often sourced from countries like Chile and Australia. These imports are crucial for the Spanish industry and economy, and BBVA plays a role in financing and supporting these trading activities.

Market share in Spain: 14.5% (2024)
Return on Equity (ROE): 11.2% (2024)
Cost-to-Income Ratio: 45% (2024)

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a significant competitive advantage, especially in its home market Spain, where it holds a market share of about 14.5%. This demonstrates the company's strong position in the Spanish banking sector.

The Return on Equity (ROE) of 11.2% in 2024 indicates efficient use of equity, which is above average compared to many competitors in the European banking sector. A lower Cost-to-Income Ratio of 45% also shows that BBVA effectively manages its cost structure and operates more efficiently compared to many competitors.

Additionally, BBVA benefits from its international presence, especially in Latin America, providing the company with diversification advantages and growth opportunities in emerging markets. These factors together give BBVA a solid competitive advantage in the global banking landscape.

Institutional investor share: approx. 60% (estimated for 2025 based on historical data)

Insider purchases/sales: No specific current data available

The institutional investor share in Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) traditionally stands at around 60%, indicating the trust of large investors in the bank's stability and growth potential. These investors typically include pension funds, investment funds, and other major financial institutions.

Insider purchases and sales are important indicators of management's confidence in the company's future development. There is no specific data available on insider transactions for the year 2025. Historically, such transactions are rare and are often closely monitored by market regulatory authorities.

Market share of BBVA: Approximately 8% (2025, based on European banking market shares)

Main competitors and their market shares:

1. Banco Santander: 10%
2. BNP Paribas: 9%
3. HSBC Holdings: 8%
4. BBVA: 8%
5. ING Group: 7%
6. Deutsche Bank: 6%
7. Crédit Agricole: 5%
8. Barclays: 5%
9. Société Générale: 4%
10. UniCredit: 4%

Moat of BBVA:

BBVA has a moderate moat, mainly characterized by its strong presence in Spain and Latin America, especially in Mexico. This geographical diversification provides some protection against regional economic fluctuations and enables BBVA to benefit from growth opportunities in emerging markets.

However, compared to its competitors, BBVA does not have a particularly pronounced moat. Banks like Banco Santander and BNP Paribas may have a stronger competitive advantage due to their larger international presence and broader product range. HSBC, with its strong position in Asia, and ING Group, with its focus on digital innovation, could also be considered companies with a significant moat.

Overall, competition in the European banking sector is intense, and many of the major banks have similar strengths and weaknesses, making it difficult to identify a clear market leader with an insurmountable moat.

Revenue growth: 8.2% (2024) Profit growth: 10.5% (2024) Return on equity: 11.8% (2024)

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) recorded solid revenue growth of 8.2% in 2024, attributed to successful expansion in international markets and strong performance in core business. The profit growth of 10.5% indicates that the company is able to increase its profitability despite economic uncertainties.

The return on equity of 11.8% suggests that BBVA efficiently utilizes its capital and achieves an above-average return compared to many competitors. This metric is an important indicator of the company's ability to increase shareholder value.

In summary, BBVA can currently be considered an attractive investment due to its solid financial performance and ability to grow in a challenging market environment. However, potential investors should also consider the macroeconomic conditions and regulatory challenges in the markets where BBVA operates.

Dividend yield: 6.5% (2025, estimated)
Dividend history: Continuous payout in recent years

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is known for its regular dividend payments. The bank has pursued a stable dividend policy in recent years, making it an attractive option for income investors.

The estimated dividend yield of 6.5% in 2025 suggests that BBVA continues to be able to offer its shareholders an attractive return. This reliability in payout is due to the bank's solid financial position and its diversified business model, which enables it to pay dividends even in economically challenging times.