Banco Bilbao Viscaya Argentaria SA ADR
NYSE: BBVA · FINANCIAL SERVICES · BANKS - DIVERSIFIED
Updated 2026-06-05
Banco Bilbao Viscaya Argentaria SA ADR (BBVA) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $411.66B | $501.73B | $542.65B | $535.07B | $552.74B | $582.84B | $621.13B | $582.70B | $631.94B | $749.86B | $731.86B | $690.06B | $676.69B | $698.69B | $733.80B | $662.88B | $712.09B | $775.56B | $772.40B | $859.58B |
| Cash & equivalents | $22.07B | $32.15B | $22.68B | $24.11B | $26.97B | $36.52B | $41.87B | $34.77B | $31.22B | $29.43B | $49.17B | $50.14B | $71.30B | $62.23B | $72.90B | $74.56B | $84.25B | $82.61B | $59.88B | $93.95B |
| Current assets | $120.91B | $150.03B | $125.08B | $145.11B | $135.76B | $135.34B | $160.76B | $199.34B | $226.39B | $209.08B | $195.10B | $185.97B | $147.56B | $151.16B | $222.90B | $170.30B | $204.36B | $203.04B | $185.27B | $275.94B |
| Total liabilities | $389.35B | $473.78B | $515.95B | $504.30B | $515.26B | $542.78B | $577.47B | $538.13B | $580.33B | $694.57B | $676.43B | $636.74B | $623.81B | $643.77B | $683.78B | $614.13B | $661.57B | $720.29B | $712.39B | $797.78B |
| Current liabilities | $243.19B | $301.94B | $318.35B | $311.83B | $340.88B | $346.42B | $355.47B | $399.19B | $450.23B | $509.00B | $481.51B | $451.77B | $528.46B | $269.00M | $426.81B | $443.22B | $507.75B | $577.00B | $573.68B | $633.09B |
| Long-term debt | $120.38B | $60.85B | $168.62B | $168.86B | $136.14B | $126.29B | $130.60B | $102.90B | $87.36B | $81.98B | $76.38B | $63.91B | $63.97B | $68.62B | $64.59B | $55.76B | $55.43B | $68.71B | $69.87B | $81.84B |
| Shareholder equity | $21.55B | $27.06B | $25.66B | $29.30B | $35.92B | $38.16B | $41.29B | $42.19B | $49.10B | $47.29B | $47.36B | $46.34B | $52.88B | $54.92B | $44.55B | $43.91B | $46.90B | $51.70B | $55.65B | $57.36B |
| Retained earnings | $4.74B | $6.13B | $5.02B | $4.21B | $4.61B | $3.00B | $1.68B | $2.08B | $2.62B | $25.23B | $25.32B | $27.26B | $23.02B | $26.40B | $31.81B | $36.49B | $39.07B | $44.26B | $50.75B | $56.86B |
| Accounts receivable | $8.52B | $9.85B | $10.62B | $9.42B | $9.27B | $9.36B | $9.41B | $9.47B | $9.13B | $35.13B | $35.05B | $33.51B | $28.87B | $27.75B | $25.15B | $29.10B | $25.99B | $25.10B | $31.69B | $460.40B |
| Inventory | — | $1.02B | $2.10B | $4.28B | $5.73B | $7.89B | $11.17B | $4.64B | $4.44B | $4.30B | $6.24B | $5.28B | $2.34B | $-117.96B | $-229.65B | $-143.63B | $-153.25B | $-255.25B | — | — |
| Goodwill | $2.97B | $7.44B | $7.66B | $6.40B | $6.95B | $5.54B | $5.43B | $5.07B | $5.70B | $6.92B | $6.94B | $6.06B | $6.18B | $4.96B | $910.00M | $818.00M | $707.00M | $795.00M | $700.00M | $2.86B |
Frequently asked questions
What is Banco Bilbao Viscaya Argentaria SA ADR's revenue?
Banco Bilbao Viscaya Argentaria SA ADR's trailing twelve-month revenue is $32.61B, and consensus projects about $52.30B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is BBVA?
In its most recent fiscal year, BBVA ran a gross margin of 83.56%, an operating margin of 43.94%, and a net margin of 28.46%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does BBVA generate?
BBVA produced $13.16B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is BBVA's balance sheet healthy?
BBVA holds $93.95B in cash and equivalents against $81.84B in long-term debt, on $57.36B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.