Banco Bilbao Vizcaya Argentaria S.A (BBVXF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Banco Bilbao Vizcaya Argentaria S.A $16.83, price $26.94, upside -37.5%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $1.71 – $30.05 · fair‑value band $13.60 – $24.73 · the $26.94 price screens above the $16.83 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
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Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The company offers traditional retail, wholesale, investment, and transaction banking.
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Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The company offers traditional retail, wholesale, investment, and transaction banking. It also engages in financial, insurance, asset management, and capital markets businesses, as well as digital banking. The company was formerly known as Banco Bilbao Vizcaya, S.A. and changed its name to Banco Bilbao Vizcaya Argentaria, S.A. in January 2000. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.
Stock analysis
Banco Bilbao Vizcaya Argentaria S.A (BBVXF) currently trades at $26.94, while our model-based Fair Value estimate is $16.83, 37.5% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $16.63 per share, and 1 of the 6 models we run sit above the $26.94 price.
Bear case: the Asset-Based group reads lowest at $7.79, and 5 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: $13.60 (bear) to $24.73 (bull), the price of $26.94 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Banco Bilbao Vizcaya Argentaria S.A reported revenue of €25.1B in FY2025 versus €18.6B in FY2021, a compound +7.7%/yr. Reported net income was €10.5B in FY2025, compounding +22.6%/yr from FY2021.
Key figures
Market cap $155B · P/E ratio 12.8 · P/S ratio 5.35 · EPS (TTM) $2.11 · Dividend yield 3.4% · Net margin 41.9% · Return on equity 19.0% · Return on assets (EBIT) 1.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (medium confidence).
What moves the price
The share trades about 10% below its 52-week high and 61% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −17% fair-value upside, at −38%, BBVXF screens richer than that median.
Fair Value models
Bear $13.60Fair Value $16.83Bull $24.73
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.8998 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.3%
Revenue growth 33 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+23.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+20.3%
Dividend (yield on the price)3.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.28.2% vs 15.3%, picking up
Profit margin 2018 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.40% → 65%
News mood ⓘNews mood, the average tone of recent news (96 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
Compare Banco Bilbao Vizcaya Argentaria S.A with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Diversified · 43 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−37.3% · Bottom 25%
Profitability
Return on equity (TTM)19.0% · Top 25%
Return on assets1.4% · Top 25%
Net margin (TTM)33.1% · Above median
Operating margin (TTM)54.9% · Top 25%
Growth and dividend
Revenue growth11.9% · Above median
Dividend yield (TTM)3.4% · Below median
Balance sheet
Debt / equity1.43× · Above median
Valuation Multiplesvs Banks - Diversified median · lower = cheaper
P/E (TTM)12.8× · Cheaper than median
P/B2.39× · Priciest 25%
P/S (TTM)4.20× · Pricier than median
P/FCF1.2× · Cheapest 25%
EV/EBITDA7.0× · Cheaper than median
PEG2.12× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)60· sector 56
PAST (return on equity)76· sector 48
HEALTH (low debt)29· sector 41
DIVIDEND (yield)68· sector 69
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Banco Bilbao Vizcaya Argentaria S.A Fair Value". https://www.fairvalue-calculator.com/stock/BBVXF
Frequently asked questions
Is Banco Bilbao Vizcaya Argentaria S.A (BBVXF) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $16.83 versus a price of $26.94, about −38% upside (overvalued).
What is the fair value of BBVXF?
Our model-based fair value for Banco Bilbao Vizcaya Argentaria S.A is $16.83 (as of Sep 29, 2026), built from audited fundamentals. The current price: $26.94.
What is the quality score of BBVXF?
Banco Bilbao Vizcaya Argentaria S.A has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Our model-based price target is the fair value of $16.83 (as of Sep 29, 2026) from 6 valuation models. Cautious scenario $13.60, optimistic scenario $24.73. It is a calculation from audited fundamentals, not an analyst target.
What is the Banco Bilbao Vizcaya Argentaria S.A stock forecast for 2026?
Our models put fair value at $16.83, about −38% upside versus a price of $26.94 (overvalued). Cautious scenario $13.60, optimistic scenario $24.73. The calculation is refreshed regularly with new filings.
What is the revenue of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Banco Bilbao Vizcaya Argentaria S.A reported trailing-twelve-month revenue of about €32.6B (latest available figure, as of Sep 29, 2026).
Does Banco Bilbao Vizcaya Argentaria S.A pay a dividend?
Banco Bilbao Vizcaya Argentaria S.A currently shows a dividend yield of about 3.41% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Banco Bilbao Vizcaya Argentaria S.A it is $16.83 per share (as of Sep 29, 2026), against a price of $26.94. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Banco Bilbao Vizcaya Argentaria S.A stock overvalued or undervalued in 2026?
As of Sep 29, 2026, BBVXF trades above its calculated fair value: price $26.94, fair value $16.83, a gap of about −38% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BBVXF?
No. The price is what the market pays today ($26.94); the fair value is what the company's own numbers justify ($16.83). For Banco Bilbao Vizcaya Argentaria S.A the two are $10.11 per share apart. That gap is exactly why we show both numbers side by side.
How much is Banco Bilbao Vizcaya Argentaria S.A worth?
The market values Banco Bilbao Vizcaya Argentaria S.A at about $155B (market capitalisation, as of Sep 29, 2026). Per share that is $26.94; our models calculate a fair value of $16.83 per share.
What do the bullish and bearish scenarios say about BBVXF?
Our models span a range for Banco Bilbao Vizcaya Argentaria S.A: cautious scenario $13.60, base $16.83, optimistic $24.73 per share (as of Sep 29, 2026, price $26.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BBVXF?
Banco Bilbao Vizcaya Argentaria S.A trades at a price-to-earnings ratio of 12.8 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $16.83 is built from several models across several years. Other multiples: PEG 2.1, P/B 2.4, P/S 4.2, EV/EBITDA 7.0.
What is the PEG ratio of BBVXF?
The PEG ratio of Banco Bilbao Vizcaya Argentaria S.A is 2.12 (P/E divided by earnings growth, as of Sep 29, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Balance-sheet figures for Banco Bilbao Vizcaya Argentaria S.A (as of Sep 29, 2026): return on equity 19.0%, debt of 1.43 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is BBVXF from its 52-week high?
Banco Bilbao Vizcaya Argentaria S.A trades at $26.94, about 10% below its 52-week high of $30.05 and 61% above the low of $16.75 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $16.83 is for.
Which stocks are comparable to Banco Bilbao Vizcaya Argentaria S.A?
From the same area (Financial Services) we also value JPMorgan Chase & Co, Industrial and Commercial Bank of China Limited, China Construction Bank Corporation, Bank of America Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Banco Bilbao Vizcaya Argentaria S.A stock attractive at the current price?
The data as of Sep 29, 2026: price $26.94, calculated fair value $16.83 (−38%), Quality Score 64/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BBVXF calculated?
We run Banco Bilbao Vizcaya Argentaria S.A through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $16.83, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Banco Bilbao Vizcaya Argentaria S.A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The closing price on Oct 2, 2026 was $26.94. Our model-based fair value is $16.83, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Banco Bilbao Vizcaya Argentaria S.A right now?
The price sits above even our optimistic bull case ($24.73). The favourable scenario is already priced in. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($13.60 to $24.73) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Banco Bilbao Vizcaya Argentaria S.A (BBVXF) come from?
Earnings per share at Banco Bilbao Vizcaya Argentaria S.A grew +15.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.9 %, EBIT margin +10.4 %, tax rate −0.3 %, residual (interest, one-offs) +1.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Banco Bilbao Vizcaya Argentaria S.A
How large is the market capitalisation of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The market capitalisation of Banco Bilbao Vizcaya Argentaria S.A is $155B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The price-to-sales ratio of Banco Bilbao Vizcaya Argentaria S.A is 5.35 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Earnings per share at Banco Bilbao Vizcaya Argentaria S.A are $2.11 (price ÷ EPS = P/E 12.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The dividend yield of Banco Bilbao Vizcaya Argentaria S.A is 3.4% (payout 43.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The net margin of Banco Bilbao Vizcaya Argentaria S.A is 41.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The return on equity (ROE) of Banco Bilbao Vizcaya Argentaria S.A is 19.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
On an EBIT basis the return on assets of Banco Bilbao Vizcaya Argentaria S.A is 1.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
The operating margin of Banco Bilbao Vizcaya Argentaria S.A is 54.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Revenue at Banco Bilbao Vizcaya Argentaria S.A is growing +11.9% versus a year earlier (3y avg +2.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Banco Bilbao Vizcaya Argentaria S.A (BBVXF)?
Earnings per share at Banco Bilbao Vizcaya Argentaria S.A are growing +13.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Banco Bilbao Vizcaya Argentaria S.A (BBVXF) generate?
The free cash flow of Banco Bilbao Vizcaya Argentaria S.A is €117B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Banco Bilbao Vizcaya Argentaria S.A (BBVXF) hold?
Banco Bilbao Vizcaya Argentaria S.A holds more cash than debt, €12.1B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Sep 29, 2026