Banco Bilbao Vizcaya Argentaria

"Banco Bilbao Vizcaya" redirects here. For the building, see Banco Bilbao Vizcaya (building).
Banco Bilbao Vizcaya Argentaria, S.A.
Company typeSociedad Anónima
BMAD: BBVA
NYSE: BBVA
BMV: BBVA
ISINES0113211835
IndustryFinancial services
Predecessor
  • Banco Bilbao Vizcaya, S.A.
  • Argentaria, S.A.
FoundedBilbao, Spain
May 28, 1857; 167 years ago (1857-05-28)
Headquarters
Bilbao and Madrid
,
Spain
Key people
Carlos Torres Vila
(Group Executive Chairman)
Onur Genç
(CEO)
Products
RevenueIncrease €29.54 billion (2023)[1]
Increase €17.23 billion (2023)[1]
Increase €8.02 billion (2023)[1]
Total assetsIncrease €775.55 billion (2023)[1]
Total equityIncrease €55.26 billion (2023)[1]
Number of employees
Increase 121.488 (2023)[1]
Websitewww.bbva.com

Banco Bilbao Vizcaya Argentaria, S.A. (Spanish pronunciation: [ˈbaŋko βilˈβao βiθˈkaʝa aɾxenˈtaɾja]), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.[2]

The bank was founded as Banco de Bilbao, on May 28, 1857, in Bilbao. BBVA's operational headquarters are located in Madrid, in the Ciudad BBVA complex. It is Spain's second-largest bank after Banco Santander. It is listed on the Madrid Stock Exchange, the New York Stock Exchange and on the Mexican Stock Exchange. It is also a part of the IBEX 35 as well as the Dow Jones EURO STOXX 50.[3]


As of December 31, 2023, BBVA's assets amounted to around €775 billion, making it the second-largest Spanish financial institution by volume of assets. At that same date, it had 5,949 offices, 121,488 employees and 71.5 million customers,[1] and was present in more than 30 countries. On April 2, 2018, it was ranked the 42nd largest bank in the world by total assets.[4]

In 2022 BBVA was recognized as the country's overall best-performing bank by The Banker.[5][6]

BBVA has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[7][8]

  1. ^ a b c d e f g "BBVA Financial Data".
  2. ^ "BBVA in the world". bbva.com. Retrieved 2023-02-28.
  3. ^ "IBEX 35 COMPOSITE INDEX, IBEX:MCE Constituents – FT.com". markets.ft.com. Archived from the original on 2017-08-02.
  4. ^ "Top 100 Banks in the World". spglobal.com. Retrieved 2022-07-06.
  5. ^ "BBVA, reconocido por 'The Banker' como el mejor banco en crecimiento, rentabilidad y desempeño de España" (in Spanish). Europa Press.
  6. ^ "'The Banker' elige a BBVA como mejor banco de España en crecimiento, rentabilidad y desempeño" (in Spanish). La Vanguardia.
  7. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  8. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.