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Banco Bilbao Vizcaya Argentaria, S.A (BVA) Fair Value & Analysis

Financial Services · GB · Market cap €118B

BB Banco Bilbao Vizcaya Argentaria, S.A BVA · LSE
Price€0.2290
Fair Value€0.2600
Upside+13.5%
Quality67/100
Healthy Growth
Highly profitable · 33.1% net margin
Moderate debt · generates free cash flow
4.02% dividend yield
Ranks above peers (10/12)
Wide moat 72/100
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Evidence: High Range €0.2000 – €0.3300 Share as image

Fair value as of: Jul 15, 2026

From 25 valuation models · updated 15 days ago

Share price +9.9% over the past month.

Price vs Fair Value (12 months)

€0.2300 €0.1339 Fair Value €0.2600 Jul 2025 Jul 2026

12‑month range €0.1339 – €0.2300 · fair‑value band €0.2000 – €0.3300 · the €0.2290 price screens below the €0.2600 fair value. As of Jul 15, 2026.

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Analysis

Banco Bilbao Vizcaya Argentaria, S.A (BVA) currently trades at €0.2290, while our model-based Fair Value estimate is €0.2600, implying the stock looks roughly 13.5% undervalued today. We read business quality at 67/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Banco Bilbao Vizcaya Argentaria, S.A generated revenue of €32.6B at a net margin of 33.1%. Revenue grew 11.9% year over year. It earns a return on equity of 19.0%. Net debt stands at €85.6B. Fundamentals as of Jul 15, 2026

Our scenario range runs from €0.2000 (bear case) to €0.3300 (bull case); at €0.2290, the current price sits within that range. For context, the median of 10 Financial Services peers we cover trades at 100% fair-value upside, at 14%, BVA screens richer than that median.

Key figures & financial health

Revenue (TTM) €32.6B
Revenue growth (YoY) +11.9%
Net margin 33.1%
Return on equity 19.0%
Free cash flow €117B FY2025
P/E ratio 0.1
More key figures
Operating margin 54.9%
EPS (TTM) €1.82
Dividend yield 4.7%
EPS growth (YoY) +13.3%
Net debt €85.6B FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100
Profitability 34
Quality Growth 43
Cashflow 100
Fin. Strength 36
Investment 78
Low Volatility 44
Momentum 79
52W Momentum 100
Net Issuance 92

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Banco Bilbao Vizcaya Argentaria, S.A reported revenue of €66.1B in FY2025 versus €21.6B in FY2021, a compound +32.3%/yr. Reported net income was €10.5B in FY2025, compounding +25.0%/yr from FY2021.

Revenue +32.3%/yr
FY21 €21.6B
FY22 €23.7B
FY23 €30.1B
FY24 €31.6B
FY25 €66.1B
Net income +25.0%/yr
FY21 €4.3B
FY22 €5.1B
FY23 €6.9B
FY24 €10.1B
FY25 €10.5B

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Cite: Fair Value Calculator (2026). "Banco Bilbao Vizcaya Argentaria, S.A Fair Value". https://www.fairvalue-calculator.com/stock/BVA

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 51 / 38
FUTURE 60 / 25
PAST 76 / 42
HEALTH 29 / 48
DIVIDEND 80 / 67

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Banco Bilbao Vizcaya Argentaria, S.A (BVA) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of €0.2600 versus a price of €0.2290, about +14% (undervalued).
What is the fair value of BVA?
Our model-based fair value for Banco Bilbao Vizcaya Argentaria, S.A is €0.2600 (as of Jul 15, 2026), built from audited fundamentals. The current price is €0.2290.
What is the quality score of BVA?
Banco Bilbao Vizcaya Argentaria, S.A has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Banco Bilbao Vizcaya Argentaria, S.A (BVA)?
Banco Bilbao Vizcaya Argentaria, S.A reported trailing-twelve-month revenue of about €32.6B (latest available figure, as of Jul 15, 2026).
What is the net profit margin of BVA?
The net profit margin of Banco Bilbao Vizcaya Argentaria, S.A is about 33.1%, meaning it keeps roughly 33.1% of revenue as net income. Based on the latest reported figures.
Does Banco Bilbao Vizcaya Argentaria, S.A pay a dividend?
Banco Bilbao Vizcaya Argentaria, S.A currently shows a dividend yield of about 4.67% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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