$BBVA

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.

BBVA Argentina reported a 65.2% year-over-year increase in inflation-adjusted net income to ARS131.6 billion. Real ROE rose to 12.2%, and the efficiency ratio improved to 45%. Lending and deposits grew, but NPL ratio increased to 6.09%. The bank maintains strong capital and liquidity positions.

BBVA has repurchased 50.12% of its first 1,000 million euro share buyback tranche, acquiring 4.5 million shares at 24.83 euros each in the last week. The bank has spent 501.23 million euros so far, with the program set to run until October 9, 2026. This follows a 3.96 billion euro buyback completed in August, the largest in its history.

BBVA reports executing its first tranche of a share buyback program between August 24-28, 2026, purchasing shares worth €501.24 million, about 50.12% of the tranche's maximum. The bank operates in retail, investment, and private banking with €502.5 billion in deposits and €472.7 billion in credits as of 2025.

IFC and BBVA Mexico partnered to provide a $103.5M credit guarantee for SME lending in Mexico. The SRT transaction frees up bank capital for new loans, with 25% earmarked for women-owned businesses. The deal aims to improve SME access to financing and support economic growth.

BBVA released a periodic report on its buyback program on August 24, 2026, updating investors on its ongoing share repurchase activities. The announcement was distributed via the London Stock Exchange's RNS service.

Banks report increased trade loan demand, with HSBC's trade revenue up 12% to $1.54B and loan balances up 30% to $120B. Standard Chartered saw a 2% drop in trade income but a 4% Q2 uptick. European banks like Deutsche Bank and Natixis also reported growth. African banks like Afreximbank and Ecobank showed gains in trade finance. Middle Eastern banks saw mixed results due to regional disruptions.

According to a Manhattan federal court filing, Mexican banking affiliates of Bank of America, Citigroup, Deutsche Bank, HSBC, Santander and BBVA will pay $86.4 million to settle a lawsuit alleging they fixed prices and allocations in Mexican government bond trading from 2006 to 2017. Total settlements reach $107.1 million including Barclays and JPMorgan. Banks deny wrongdoing; judge approval pending.