Equity Profile

BBVA

Banco Bilbao Vizcaya Argentaria, S.A.

FinancialsDiversified Banks$158.1B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of the company's profitability and is closely watched by investors.

$0.59

Revenue

Revenue figures provide insight into the company's overall financial health and growth potential.

$10.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

BBVA Q2-2026 Earnings Preview

Context

Company Snapshot

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a major financial institution based in Spain, providing a range of banking services including retail banking, corporate banking, and investment solutions. As a diversified bank, it plays a significant role in the financial sector, particularly in Europe and Latin America, and is influenced by trends in consumer spending and economic conditions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+40.09%

Avg Stock Reaction

+3.29%

Last Quarter Recap

In Q1-2026, BBVA reported an EPS of $0.60, exceeding expectations by 5.4%. The stock reacted positively, gaining 3.9% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect BBVA to report steady earnings this quarter, with a consensus EPS of $0.59 and revenue of $10.2 billion. The market is closely watching for any signs of growth or challenges in the current economic environment.

Bull Case

If BBVA can exceed EPS expectations and show strong revenue growth, it could signal robust demand for its banking services and a positive outlook for the economy.

Bear Case

Conversely, if the company fails to meet earnings expectations or reports weaker-than-expected revenue, it could raise concerns about its market position and the broader economic climate.

Key Metrics to Watch

EPS

$0.59

Earnings per share (EPS) is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$10.2B

Revenue figures provide insight into the company's overall financial health and growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will BBVA's EPS exceed the expected $0.59?

A beat on EPS could reinforce investor confidence and indicate strong operational performance.

What is the outlook for revenue growth in the current economic environment?

Revenue growth is critical for assessing the bank's ability to navigate economic challenges and capitalize on market opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BBVA's ability to navigate economic challenges, as recent performance suggests resilience.

Supporting Evidence

BBVA has consistently beaten EPS estimates in recent quarters, indicating strong operational management.

The options market is pricing a larger move than historical averages, suggesting potential for a positive surprise.

Key Risk

If the EPS falls below $0.55, it could undermine confidence in BBVA's growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating BBVA's ability to maintain profitability amid economic fluctuations, making this earnings report crucial.

Bull Confirmed If

An EPS of $0.60 or higher would confirm strong financial performance and investor confidence.

Bear Confirmed If

An EPS below $0.59 would raise concerns about the bank's profitability and market conditions.

Pre-Earnings Positioning

Options Market

Implied Move

±22.74%

Historical Avg

±3.7%

Pricing rich

The options market is pricing in a significant potential move in BBVA's stock price following the earnings report, indicating heightened uncertainty.

Options are pricing ±22.7% while BBVA has averaged ±3.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.1%

Calls (300)P/C Ratio: 1.29Puts (6K)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

3.43%

of float

Insider

0.02%

of float

Holders

578

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
33,954,738 sh · $742.6M
0.59%
-11.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BBVA beats expectations, history suggests a potential stock increase of around 3.04%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further commentary.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around 3.75%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and credit quality metrics.
2Insights into cost management strategies and efficiency improvements.
3Management's outlook on economic conditions in key markets.
4Discussion on digital banking initiatives and their impact on growth.
5Any commentary on regulatory changes affecting the banking sector.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

PreviewView

Jul27

ARLPBMO

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of the company's profitability and is closely watched by investors.

$0.59

Revenue

Revenue figures provide insight into the company's overall financial health and growth potential.

$10.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

BBVA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+40.09%

Avg Stock Reaction

+3.29%

Last Quarter Recap

In Q1-2026, BBVA reported an EPS of $0.60, exceeding expectations by 5.4%. The stock reacted positively, gaining 3.9% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If BBVA can exceed EPS expectations and show strong revenue growth, it could signal robust demand for its banking services and a positive outlook for the economy.

Bear Case

Conversely, if the company fails to meet earnings expectations or reports weaker-than-expected revenue, it could raise concerns about its market position and the broader economic climate.

Key Metrics to Watch

EPS

$0.59

Earnings per share (EPS) is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$10.2B

Revenue figures provide insight into the company's overall financial health and growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will BBVA's EPS exceed the expected $0.59?

A beat on EPS could reinforce investor confidence and indicate strong operational performance.

What is the outlook for revenue growth in the current economic environment?

Revenue growth is critical for assessing the bank's ability to navigate economic challenges and capitalize on market opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BBVA's ability to navigate economic challenges, as recent performance suggests resilience.

Supporting Evidence

BBVA has consistently beaten EPS estimates in recent quarters, indicating strong operational management.

The options market is pricing a larger move than historical averages, suggesting potential for a positive surprise.

Key Risk

If the EPS falls below $0.55, it could undermine confidence in BBVA's growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating BBVA's ability to maintain profitability amid economic fluctuations, making this earnings report crucial.

Bull Confirmed If

An EPS of $0.60 or higher would confirm strong financial performance and investor confidence.

Bear Confirmed If

An EPS below $0.59 would raise concerns about the bank's profitability and market conditions.

Pre-Earnings Positioning

Options Market

Implied Move

±22.74%

Historical Avg

±3.7%

Pricing rich

The options market is pricing in a significant potential move in BBVA's stock price following the earnings report, indicating heightened uncertainty.

Options are pricing ±22.7% while BBVA has averaged ±3.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.1%

Calls (300)P/C Ratio: 1.29Puts (6K)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

3.43%

of float

Insider

0.02%

of float

Holders

578

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
33,954,738 sh · $742.6M
0.59%
-11.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BBVA beats expectations, history suggests a potential stock increase of around 3.04%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further commentary.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around 3.75%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and credit quality metrics.
2Insights into cost management strategies and efficiency improvements.
3Management's outlook on economic conditions in key markets.
4Discussion on digital banking initiatives and their impact on growth.
5Any commentary on regulatory changes affecting the banking sector.