Global InformationBanco Bilbao Vizcaya Argentaria information
 | |
 BBVA head-office building in Bilbao | |
| Company type | Sociedad Anónima |
|---|---|
Traded as | BMAD: BBVA NYSE: BBVA BMV: BBVA |
| ISIN | ES0113211835 |
| Industry | Financial services |
| Predecessor |
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| Founded | Bilbao, Spain May 28, 1857 |
| Headquarters | Bilbao and Madrid , Spain |
Key people | Carlos Torres Vila (Group Executive Chairman) Onur Genç (CEO) |
| Services | Banking, insurance, asset management |
| Revenue |  €29.54 billion (2023)[1] |
Operating income | €17.23 billion (2023)[1] |
Net income | €8 019 million (2023)[1] |
| Total assets | €775.55 billion (2023)[1] |
| Total equity | €55.26 billion (2023)[1] |
Number of employees | 121.488 (2023)[1] |
| Website | www |
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]
- ^ a b c d e f g "BBVA Financial Data".
- ^ "BBVA in the world". bbva.com. Retrieved 2023-02-28.
- ^ "IBEX 35 COMPOSITE INDEX, IBEX:MCE Constituents – FT.com". markets.ft.com. Archived from the original on 2017-08-02.
- ^ "Top 100 Banks in the World". spglobal.com. Retrieved 2022-07-06.
- ^ "BBVA, reconocido por 'The Banker' como el mejor banco en crecimiento, rentabilidad y desempeño de España" (in Spanish). Europa Press.
- ^ "'The Banker' elige a BBVA como mejor banco de España en crecimiento, rentabilidad y desempeño" (in Spanish). La Vanguardia.
- ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.