Banco Bilbao Vizcaya Argentaria, S.A.: EPS $0.61 vs $0.62 expected; revenue $12.2B vs $12.1B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.61 | 0.62 | −1.6% | 0.49 |
| Revenue (USD bn) | 12.18 | 12.08 | +0.8% | 20.97 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 29, 2026 | Q3 FY2026 | 0.61 | 0.6200 | −1.6% | 12.18 | 12.08 | +0.8% |
| Jul 30, 2026 | Q2 FY2026 | 0.63 | 0.5900 | +6.8% | 12.09 | 11.94 | +1.2% |
| Apr 30, 2026 | Q1 FY2026 | 0.60 | 0.5700 | +5.3% | 12.50 | 11.78 | +6.1% |
| Feb 5, 2026 | Q4 FY2025 | 0.50 | 0.5000 | 0.0% | 11.55 | 11.24 | +2.8% |
| Oct 30, 2025 | Q3 FY2025 | 0.49 | 0.4800 | +2.1% | 20.97 | 10.63 | — |
| Jul 31, 2025 | Q2 FY2025 | 0.52 | 0.4700 | +10.6% | 10.26 | 10.31 | −0.6% |
| Apr 29, 2025 | Q1 FY2025 | 0.47 | 0.4700 | 0.0% | — | — | — |
| Oct 31, 2024 | Q3 FY2024 | 0.52 | 0.4769 | +9.0% | 9.56 | 9.37 | +2.0% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures. Figures are in USD as carried for this US-traded line; the company reports in another currency.
Banco Bilbao Vizcaya Argentaria, S.A. results: EPS $0.61 vs $0.62 expected; revenue $12.2B vs $12.1B. The results cover the company's Q3 FY2026. EPS came in below analysts' estimate by 1.6%; revenue above the estimate by 0.8%. Figures are in USD as carried for this US-traded line; the company reports in EUR.
Revenue was down 41.9% from $21.0 billion a year earlier (Q3 FY2025). EPS was up 24.5% from $0.49 a year earlier. On its record, EPS topped analysts' estimates in 5 of 7 earlier comparable reports.
What the results mean
Banco Bilbao Vizcaya Argentaria, S.A. combines deposit taking and lending with corporate banking, asset management and insurance. This mix makes income sources and service delivery costs central to interpreting its results, as lending has different drivers from fees and money management.
Shrinking revenue indicates pressure on income, but the available material does not identify its source across businesses or markets. Given the bank’s business model, profitability depends on loan yields, deposit costs and credit quality, while asset management and investment service revenue depends on client activity and the funds the bank manages.
What to watch on the earnings call: Listen for management’s explanation of revenue pressure, loan demand, deposit funding costs and credit quality. The contribution of fees and asset management also merits attention, alongside how digital channels affect customer service and operating costs, and how business conditions differ across the bank’s markets.
For the full analysis of Banco Bilbao Vizcaya Argentaria, S.A. stock — valuation, scores and financial statements — see the stock page linked with this story.