BBVA posts strong Q3 2026 profit and record loan growth
BBVA reported third‑quarter 2026 net attributable profit of €3.015 billion, a 14.4% year‑over‑year increase in constant‑currency terms. Net interest income rose 16.5% YoY in constant currency to €8.079 billion, while gross income grew 15.7% YoY in constant currency to €10.913 billion. Loan growth accelerated 20.4% YoY in constant currency, driven by Mexico (12.0% YoY) and South America (64.0% YoY). The bank’s return on tangible equity reached 22.0% for the nine‑month period, and the CET1 ratio fell to 12.21% after a €2 billion share‑buyback.
Why it matters
The higher profit and loan‑growth rates give BBVA a strong earnings base for the rest of 2026, supporting its dividend of €0.37 per share and the ongoing €2 billion share‑buyback programme. The drop in CET1 to 12.21% reflects the buyback’s capital impact, which may affect the bank’s capacity to absorb future losses.
Key facts
- 1Q3 net attributable profit was €3,015 million, up 14.4% YoY in constant‑currency terms. investing.com
- 2Net interest income was €8,079 million, up 16.5% YoY in constant currency. investing.com
- 3Gross income reached €10,913 million, up 15.7% YoY in constant currency. investing.com
- 4Loan growth was 20.4% YoY in constant currency. investing.com
- 5Return on tangible equity was 22.0% for the first nine months of 2026. investing.com
- 6CET1 capital ratio fell to 12.21% after a €2 billion extraordinary share buyback. tradingview.com
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.