Corporate profile

BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid leading position in Spain, is the largest financial institution in Mexico, and has leading franchises in South America, the SunBelt Region of the United States, and Turkey. Its diversified business is focused on high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices.

Share Data 11/13/2019
Last Close: 4.76
Currency: EUR
Market capitalization
(million euros)
31,876
Book value per share
(euros)
7.63
Yield
(Dividend/price; %)
5.4
Figures as of 09.30.2019
Financial Highlights
       
Balance Sheet (million euros) 30-09-19 % 30-09-18 31-12-18
Total assets 709,017 6.0 668,985 676,689
Loans and advances to customers (gross) 391,273 2.1 383,111 386,225
Deposits from customers 379,333 3.7 365,687 375,970
Total customer funds 485,159 4.0 466,683 474,120
Total equity 57,029 11.6 51,097 52,874
       
Income statement (million euros)
Net interest income 13,475 4.5 12,899 17,591
Gross income 18,124 3.0 17,596 23,747
Operating income 9,304 4.8 8,875 12,045
Net attributable profit 3,667 (15.2) 4,323 5,324
       
Data per share
Number of shares (million) 6,668 - 6,668 6,668
Number of shareholders 884,412 (1.3) 895,809 902,708
Share price (euros) 4.78 (12.9) 5.49 4.64
Earning per share (euros)1 0.51 (17.8) 0.62 0.76
Book value per share (euros) 7.63 9.9 6.94 7.12
       
Ratios (%)
ROE (net attributable profit/average shareholders' funds +/- average accumulated other comprehensive income)2 10.1 12.1 11.5
ROTE (net attributable profit/average shareholders' funds excluding average intangible assets +/- average accumulated other comprehensive income)2 12.2 14.8 14.1
ROA (Profit or loss for the year/average total assets) 0.84 0.95 0.91
RORWA (Profit or loss for the year/average risk-weighted assets) 1.60 1.82 1.74
Efficiency ratio 48.7 49.6 49.3
Cost of risk 1.01 0.90 1.01
NPL ratio 3.9 4.1 3.9
NPL coverage ratio 75 73 73
CET1 fully-loaded 11.6 11.3 11.3
CET1 phased-in3 11.8 11.6 11.6
Total ratio phased-in3 16.2 15.9 15.7

(1) Adjusted by additional Tier 1 instrument remuneration.
(2) The ROE and ROTE ratios include, in the denominator, the Group’s average shareholders’ funds and take into account the item called “Accumulated other comprehensive income”, which forms part of the equity. Excluding this item, the ROE would stand at 8.8%, in January-September of 2019; 10.1%, in 2018; and 10.6%, in January-September of 2018; and the ROTE at 10.4%, 11.9% and 12.6%, respectively.
(3) As of September 30, 2019, phased-in ratios include the temporary treatment on the impact of IFRS 9, calculated in accordance with Article 473 bis of the Capital Requirements Regulation (CRR).
Geographically diversified
Breakdown by country(1)
Mexico 43.1% USA 10.5 %
Spain 23.4% Turkey 8.3 %
South America 12.5% Rest of Eurasia 2.3 %
Colombia 4.4 %
Argentina 2.6 %
Peru 3.4 %
Chile 1.0 %
Resto 1.2 %
(1) Percentages excluding the Corporate Centre.
Ratings
Long term Short term Outlook Last rating action
Fitch A F-1 Negative 07-04-2019
Moody's A3 P-2 Stable 06-19-2019
Standard&Poor´s A- A-2 Negative 08-20-2018
DBRS A (high) R-1 (middle) Stable 03-29-2019
Scope Rating A+ S-1+ Stable 05-21-2019
Axesor Rating A+ - Stable 12-17-2018