{"id":62980,"date":"2026-07-30T09:38:16","date_gmt":"2026-07-30T09:38:16","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/62980\/"},"modified":"2026-07-30T09:38:16","modified_gmt":"2026-07-30T09:38:16","slug":"spanish-bank-bbva-announces-share-buyback-amid-e6-bn-first-half-profit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/62980\/","title":{"rendered":"Spanish bank BBVA announces share buyback amid \u20ac6 bn first-half profit"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/26565E08BE35F1070235E8BA653E330211BD87E13566DE4DA53D8440C83FE6F9\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fdpa_international_526%2Fc8f1a40f8eb72d1ccaf935b893d56542\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"FILE PHOTO - BBVA Chairman &amp; CEO Carlos Torres (L) and BBVA President &amp; COO Onur Genc attend the company's general shareholders meeting at the Euskalduna Palace. (is associated with: \u00abSpanish bank BBVA announces share buyback amid \u20ac6 bn first-half profit\u00bb) H.Bilbao\/EUROPA PRESS\/dpa\" height=\"640\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> FILE PHOTO &#8211; BBVA Chairman &amp; CEO Carlos Torres (L) and BBVA President &amp; COO Onur Genc attend the company&#8217;s general shareholders meeting at the Euskalduna Palace. (is associated with: \u00abSpanish bank BBVA announces share buyback amid \u20ac6 bn first-half profit\u00bb) H.Bilbao\/EUROPA PRESS\/dpa           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Spanish banking group BBVA reported a net attributable profit of \u20ac6.05 billion ($6.92 billion) in the first six months of 2026, an 11.1% increase year-over-year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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 \u20ac4.57 billion. Net interest income was \u20ac15.16 billion, up 20.3% from last year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Second quarter net attributable profit was \u20ac3.06 billion, an increase of 11.4% from last year. Net interest income was \u20ac7.63 billion, an increase of 22.9% from prior year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">BBVA announced the launch of a new \u20ac2 billion extraordinary share buyback program. The first \u20ac1 billion tranche will begin on August 5.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">At last close on Bolsa de Madrid, BBVA shares were trading at \u20ac22.82, down 1.85%.  <\/p>\n","protected":false},"excerpt":{"rendered":"FILE PHOTO &#8211; BBVA Chairman &amp; CEO Carlos Torres (L) and BBVA President &amp; COO Onur Genc attend&hellip;\n","protected":false},"author":2,"featured_media":62981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148,25254,25255,1240],"class_list":["post-62980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bbva","tag-bbva","tag-carlos-torres","tag-euskalduna-palace","tag-share-buyback"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/62980","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=62980"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/62980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/62981"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=62980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=62980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=62980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}