{"id":17413,"date":"2026-05-05T18:59:12","date_gmt":"2026-05-05T18:59:12","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/17413\/"},"modified":"2026-05-05T18:59:12","modified_gmt":"2026-05-05T18:59:12","slug":"bbva-capital-moves-weigh-buyback-value-against-new-at1-funding","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/17413\/","title":{"rendered":"BBVA Capital Moves Weigh Buyback Value Against New AT1 Funding"},"content":{"rendered":"\n

Get insights on thousands of stocks<\/a> from the global community of over 7 million individual investors at Simply Wall St.<\/p>\n

BBVA has launched a third major tranche of its share buyback program, continuing its capital return to shareholders.<\/p>\n

The bank has also completed a $1b issuance of preferred securities that qualify as Additional Tier 1 capital.<\/p>\n

Both actions focus on capital optimization and balance sheet resilience for Banco Bilbao Vizcaya Argentaria (BME:BBVA).<\/p>\n

Banco Bilbao Vizcaya Argentaria (BME:BBVA) is drawing attention with a new buyback tranche alongside fresh Additional Tier 1 capital issuance, while its shares trade at about \u20ac18.235. Over the past year the stock has delivered a 51.8% return, and over 5 years the return is very large, reflecting a substantial multi year re rating. These moves on capital structure come after a long period in which the share price has already shifted meaningfully.<\/p>\n

For investors, the expanded buyback and the $1b Additional Tier 1 issue are key signals about how BBVA is choosing to manage capital and support its balance sheet. The combination can affect metrics such as capital ratios and share count, as well as how value is shared between creditors and shareholders over time. Readers following BME:BBVA may want to watch how these actions translate into future disclosures on capital and funding costs.<\/p>\n

Stay updated on the most important news stories for Banco Bilbao Vizcaya Argentaria<\/a> by adding it to your watchlist<\/a> or portfolio<\/a>. Alternatively, explore our Community<\/a> to discover new perspectives on Banco Bilbao Vizcaya Argentaria.<\/p>\n

\"BME:BBVA<\/a> BME:BBVA Earnings & Revenue Growth as at May 2026 <\/p>\n

Is Banco Bilbao Vizcaya Argentaria’s dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis.<\/a><\/p>\n

Quick Assessment <\/p>\n

\u2705 Price vs Analyst Target: At \u20ac18.24, BBVA trades about 12.9% below the \u20ac20.94 analyst target, with a target range from \u20ac11.70 to \u20ac26.40.<\/p>\n

\u2705 Simply Wall St Valuation: Shares are described as trading 43.7% below an estimated fair value, which is a large discount.<\/p>\n

\u274c Recent Momentum: The 30 day return is about 2.9% lower, so short term price momentum has been weak.<\/p>\n

The timing of any decision to buy, sell or hold Banco Bilbao Vizcaya Argentaria depends on each investor\u2019s own research and circumstances. For more detail, see Simply Wall St’s company report for the latest analysis of Banco Bilbao Vizcaya Argentaria’s fair value.<\/p>\n

Key Considerations <\/p>\n

\ud83d\udcca The new buyback together with the \u20ac1b Additional Tier 1 issue indicates that BBVA is actively reshaping its capital mix while the share price is below both analyst and internal value estimates.<\/p>\n

\ud83d\udcca It may be useful to monitor future capital ratios, share count trends and the cost of AT1 funding to understand how these moves influence earnings per share and flexibility for further capital returns.<\/p>\n

\u26a0\ufe0f With a bad loan ratio of 2.8% and an 87% allowance for bad loans, credit quality and provisioning assumptions remain key factors when assessing the buffer provided by this capital structure.<\/p>\n

Dig Deeper <\/p>\n

For a fuller picture, including additional risks and potential rewards, consider reviewing the complete Banco Bilbao Vizcaya Argentaria analysis. You can also visit the community page for Banco Bilbao Vizcaya Argentaria<\/a> to see how other investors interpret this news and its implications for the company\u2019s narrative.<\/p>\n

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n

Companies discussed in this article include BBVA.MC<\/a>.<\/p>\n

Have feedback on this article? Concerned about the content? Get in touch<\/a> with us directly. Alternatively, email editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply…\n","protected":false},"author":2,"featured_media":1425,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[1349,148,9706,419,9705],"class_list":{"0":"post-17413","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-banco-bilbao-vizcaya-argentaria","9":"tag-bbva","10":"tag-capital-ratios","11":"tag-capital-structure","12":"tag-tier-1-capital"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/17413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=17413"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/17413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/1425"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=17413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=17413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=17413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}