$BBVA

BBVA has received authorization to open a securities agency in Japan, expanding its services for institutional investors globally, according to the company.

BBVA plans to open a Miami office for investment and corporate banking, seeking regulatory approvals. The bank aims to expand its U.S. presence, focusing on corporate clients. BBVA exited retail banking in the U.S. five years ago and now serves nearly two-thirds of S&P 500 companies. The move aligns with a broader trend of financial firms relocating to Miami.

Spanish Ibex-35 companies are set to pay nearly €10 billion in dividends this autumn, with Inditex, BBVA, Santander, and CaixaBank leading the payouts. Dividend growth in Spain surged 16.6% in Q2, driven by the banking sector, with BBVA alone accounting for half the increase. Inditex will pay €2.727 billion, while Santander and BBVA are expected to pay nearly €3.8 billion combined.

Banco Bilbao (BBVA) is highlighted as a growth stock with strong earnings and cash flow growth. The company's EPS is expected to grow 20.1% this year, outperforming the industry average. Its cash flow growth is 9.6% year-over-year, also above the industry average. BBVA has a favorable Zacks Growth Score and top Zacks Rank, indicating strong growth prospects.

BBVA has repurchased shares worth €712.2 million, or 71% of its first tranche, between September 7 and 11, 2026. The buyback program aims to return capital to shareholders and optimize its capital structure, potentially supporting its stock price and liquidity.

BBVA has completed 71.2% of its first 1 billion euro share buyback tranche, acquiring 28.62 million shares at an average price of 24.91 euros each. The bank expects to finish this tranche between September 14 and October 9, 2026. This follows a 3.96 billion euro buyback program completed in August.

BBVA launched a digital service to help entrepreneurs establish companies, streamlining the process and reducing time and trips. The tool consolidates all procedures in one environment, allows online account opening, and provides step-by-step guidance and support, according to the bank.

A group of banks, including BBVA and Goldman Sachs, plans to issue a dollar stablecoin by 2027, expanding to other G7 currencies later. The initiative competes with Qivalis, a consortium of 37 financial institutions. Demand for bank-issued stablecoins remains low, with Tether dominating the market. Société Générale's stablecoin has seen limited adoption, and ECB's Lagarde has raised concerns about private-sector stablecoins.

BBVA reported a 3.3% increase in new business financing in Spain for H1 2026, with credit investment up 7.4% YoY. Interest margin rose 4.1%, commissions up 2.2%. Delinquency rate stable at 2.9%, coverage rate at 71%, cost of risk at 0.31%. BBVA focuses on business growth, sustainability, and AI innovation.

European share buybacks hit a record $17 billion in August and $170 billion year-to-date, according to Morgan Stanley. Major contributors include Shell, Novartis, BP, and banks like Santander and BBVA. Buybacks aim to boost EPS and stock prices, with tax efficiency being a key factor.