FILE PHOTO – BBVA Chairman & CEO Carlos Torres (L) and BBVA President & COO Onur Genc attend the company’s general shareholders meeting at the Euskalduna Palace. (is associated with: «Spanish bank BBVA announces share buyback amid €6 bn first-half profit») H.Bilbao/EUROPA PRESS/dpa
Spanish banking group BBVA reported a net attributable profit of €6.05 billion ($6.92 billion) in the first six months of 2026, an 11.1% increase year-over-year.
The company said the results reflect the strong performance of recurring revenue, supported by loan growth. Net fees and commissions rose 15.8% year-over-year, reaching €4.57 billion. Net interest income was €15.16 billion, up 20.3% from last year.
Second quarter net attributable profit was €3.06 billion, an increase of 11.4% from last year. Net interest income was €7.63 billion, an increase of 22.9% from prior year.
The group said that in the first half of 2026, it made progress in implementing its 2025-2029 Strategic Plan and is on track to achieve the financial targets established for the 2025-2028 period.
BBVA announced the launch of a new €2 billion extraordinary share buyback program. The first €1 billion tranche will begin on August 5.
At last close on Bolsa de Madrid, BBVA shares were trading at €22.82, down 1.85%.