# Banco Bilbao Vizcaya Argentaria, S.A. (BVA.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services / Banks. Price €25.28, market value €139.5 billion.

## Valuation
- **P/E (trailing): 13.4×** (5-yr avg 6.4×, 3-yr avg 7.2×). Banco Bilbao Vizcaya Argentaria, S.A. trades at 13.4× trailing earnings, well above its own five-year average of 6.4×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 2.9×**. Each dollar of revenue is priced at 2.9×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 84.1%** (5-yr avg 83.8%). Free cash flow equals 84.1% of the market value, in line with its five-year average of 83.8%. Above 5% is generally attractive.
- **Earnings yield: 7.5%**. The inverse of the P/E: 7.5% of the price is earned each year.

## Profitability
- **Net margin: 15.9%**. 15.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.3%**. 18.3% on shareholders' equity is solid.
- **Return on assets: 1.3%**. Each dollar of assets produces 1.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 109.4%** (3-yr 42.2%/yr, 5-yr 24.3%/yr). Revenue grew 109.4% over the last year, against 24.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 4.8%** (3-yr 21.6%/yr, 5-yr 65.9%/yr). Earnings per share rose 4.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 76.7%/yr**. Free cash flow has compounded at 76.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: €152.8 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 3.55%** (€0.60 per share, trailing). Banco Bilbao Vizcaya Argentaria, S.A. yields 3.55%, an income-level yield.
- **Payout ratio: 40%** (4% of free cash flow). 40% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 35.5%/yr** (1-yr 7.4%). The dividend has compounded at 35.5% a year over five years, doubling roughly every 2 years at that pace.
- **Shareholder yield: 4.4%**. Dividends plus net buybacks return 4.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): 71.5%** (YTD 31.0%, 3-mo 27.4%). The shares are up 71.5% over twelve months including dividends.
- **From 52-week high: -2.4%** (71.8% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 1.18** (volatility 53%). Beta of 1.18 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BVA.L · Page: https://foliofundamentals.com/stocks/bva.l

Not investment advice.