Financials BBVA

Equities

BBVA

ES0113211835

Banks

Market Closed - BME Other stock markets 16:41:09 13/03/2026 GMT			5-day change	1st Jan Change
18.01 ^EUR	-0.96%		-1.96%	-10.17%

03-13	Fears of prolonged war punish IBEX 35 as oil nears $100	RE
03-12	European Equities Traded in US as ADRs Slump in Thursday Trading	MT

Projected Income Statement: BBVA

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	21,066	24,890	29,542	35,481	36,931	39,983	42,012	44,018
Change	-	18.15%	18.69%	20.1%	4.09%	8.26%	5.07%	4.78%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	11,536	14,130	17,233	21,288	22,599	24,527	26,119	27,654
Change	-	22.49%	21.96%	23.53%	6.16%	8.53%	6.49%	5.88%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	8,240	10,490	12,419	15,405	16,227	17,607	19,059	20,094
Change	-	27.31%	18.39%	24.04%	5.34%	8.5%	8.25%	5.43%
Net income ¹	4,653	6,420	8,019	10,054	10,114	11,089	11,935	12,241
Change	-	37.98%	24.91%	25.38%	0.6%	9.64%	7.62%	2.57%
Announcement Date	03/02/22	01/02/23	30/01/24	30/01/25	05/02/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	5,155	5,104	5,330	5,477	5,939	6,094	6,857	6,524	6,958	7,189	7,956	7,438	8,218	9,227	8,716	9,320	9,324	8,710	9,102	9,795	10,049	10,255	10,038	10,003
Change	-	-0.99%	4.43%	2.76%	8.44%	2.61%	12.52%	-4.86%	6.65%	3.32%	10.67%	-6.51%	10.49%	12.28%	-5.54%	6.93%	0.04%	-6.59%	4.5%	7.61%	2.6%	2.04%	-2.11%	-0.35%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	2,850	2,810	2,953	2,923	3,525	3,464	4,038	3,636	3,942	4,267	4,654	4,370	4,835	5,751	5,386	5,316	5,762	5,485	5,528	5,823	6,304	6,585	6,336	6,123
Change	-	-1.4%	5.09%	-1.02%	20.6%	-1.73%	16.57%	-9.96%	8.42%	8.24%	9.07%	-6.1%	10.64%	18.95%	-6.35%	-1.3%	8.39%	-4.81%	0.78%	5.34%	8.27%	4.45%	-3.77%	-3.36%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	1,759	2,124	2,299	2,058	2,766	2,694	2,988	2,581	2,944	3,178	3,365	2,932	3,458	4,322	3,867	3,759	4,348	4,076	3,868	3,934	-	-	-	-
Change	-	20.75%	8.24%	-10.48%	34.4%	-2.6%	10.91%	-13.62%	14.06%	7.95%	5.88%	-12.87%	17.94%	24.99%	-10.53%	-2.79%	15.67%	-6.26%	-5.1%	1.71%	-	-	-	-
Net income ¹	1,210	701	1,400	1,341	1,651	1,675	1,841	1,578	1,846	2,032	2,083	2,058	2,200	2,794	2,627	2,433	2,698	2,749	2,531	2,435	2,784	3,056	2,913	2,779
Change	-	-42.07%	99.71%	-4.21%	23.12%	1.45%	9.91%	-14.29%	16.98%	10.08%	2.51%	-1.2%	6.9%	27%	-5.98%	-7.38%	10.89%	1.89%	-7.93%	-3.79%	14.35%	9.77%	-4.69%	-4.6%
Announcement Date	30/04/21	30/07/21	29/10/21	03/02/22	29/04/22	29/07/22	28/10/22	01/02/23	27/04/23	28/07/23	31/10/23	30/01/24	29/04/24	31/07/24	31/10/24	30/01/25	29/04/25	31/07/25	30/10/25	05/02/26	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2022 S1	2023 S1	2024 S1
Net sales ¹	11,509	14,148	17,446
Change	-	22.93%	23.31%
EBITDA	-	-	-
Change	-	-	-
EBIT ¹	6,456	8,209	10,586
Change	-	27.15%	28.96%
Charge d'intérêts	-	-	-
Earnings before Tax (EBT) ¹	4,921	6,122	7,780
Change	-	24.41%	27.08%
Net income ¹	3,001	3,878	4,994
Change	-	29.22%	28.78%
Announcement Date	29/07/22	28/07/23	31/07/24

¹EUR in Million

Estimates

Forecast Balance Sheet: BBVA

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	03/02/22	01/02/23	30/01/24	30/01/25	05/02/26	-	-	-

Estimates

Cash Flow Forecast: BBVA

Fiscal Period: December	2020	2021	2022	2023	2024	2025
CAPEX ¹	632	396	1,812	1,129	1,195	827
Change	-	-37.34%	357.58%	-37.69%	5.85%	-30.79%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/02/21	15/02/22	14/02/23	12/02/24	21/02/25	13/02/26

¹EUR in Million

Estimates

Forecast Financial Ratios: BBVA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	54.76%	56.77%	58.33%	60%	61.19%	61.34%	62.17%	62.82%
EBT Margin (%)	-	39.12%	42.15%	42.04%	43.42%	43.94%	44.04%	45.37%	45.65%
Net margin (%)	-	22.09%	25.79%	27.14%	28.34%	27.39%	27.73%	28.41%	27.81%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.83%	1%	1.12%	1.36%	1.36%	1.26%	1.32%	1.38%
ROE	-	10.4%	14.1%	16.2%	18.9%	18.4%	19.23%	20.27%	20.88%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.31	0.43	0.55	0.7	0.73	0.9808	1.094	1.193
Change	-	-	38.71%	27.91%	27.27%	4.29%	34.35%	11.57%	8.99%
Book Value Per Share ¹	-	6.86	8.007	8.86	9.67	10.19	10.52	11.33	12.21
Change	-	-	16.73%	10.65%	9.14%	5.38%	3.22%	7.68%	7.81%
EPS ¹	-	0.67	0.99	1.29	1.68	1.76	1.999	2.227	2.403
Change	-	-	47.76%	30.3%	30.23%	4.76%	13.59%	11.42%	7.89%
Nbr of stocks (in thousands)	-	6,651,887	5,935,449	5,832,455	5,763,285	5,693,635	5,637,080	5,637,080	5,637,080
Announcement Date	-	03/02/22	01/02/23	30/01/24	30/01/25	05/02/26	-	-	-