Business · Companies · 11 hrs ago
BBVA earns €9.066 billion in first nine months, up 13.6%
BBVA earned €9.066 billion from January to September, 13.6% more than in the same period last year.
That puts the Spanish bank close to its full-year 2025 profit of €10.511 billion and points to a possible new annual record.
Higher interest and fee income lifted results, while profit in the third quarter rose 19% from a year earlier.
BBVA said lending grew by more than 20% across its business, driven by Spain and Mexico.
Investors worried about weaker-than-expected business in Spain and lower capital than forecast, and the shares closed down 2.6%.
In Spain, profit was unchanged over the nine-month period, although lending grew 7.3%.
Chief executive Onur Genç said he expects Spanish lending and interest income to grow, as BBVA heads toward its full-year results.
BBVA reported a net profit of €9.066 billion for the first nine months of the year, up 13.6% from the same period last year.
The result brings the bank close to its full-year 2025 profit of €10.511 billion.
Third-quarter profit rose 19% year on year to €3.015 billion.
BBVA’s shares fell 2.6% by the close after dropping more than 4% during the session.
Investors were concerned about weaker-than-expected business performance in Spain and lower-than-expected capital.
- Who
- BBVA, the Spanish bank.
- What
- It reported profit of €9.066 billion for January to September, up 13.6% year on year.
- When
- The results cover the first nine months of the year and were published on October 29, 2026.
- Where
- BBVA operates across several geographies, including Spain and Mexico; the results were reported by the bank.
- Why
- Higher income supported the profit increase, including growth in interest income and commissions.
Investors
BBVA
Business performance in Spain
Investors
Investors were concerned that business in Spain was weaker than expected.
BBVA
CEO Onur Genç said the bank was optimistic about Spain and expected growth in credit volumes and net interest income.
Capital
Investors
Investors were concerned that BBVA’s capital figure was lower than analysts had projected.
BBVA
Not stated.
Share performance
Investors
Investors sold BBVA shares, which closed down 2.6%.
BBVA
Genç’s comments helped reduce the decline after losses had exceeded 5%.
BBVA earned €9.066 billion, 13.6% more than in the same period a year earlier.
Profit rose 19% year on year to €3.015 billion.
BBVA shares closed down 2.6% after falling more than 4% during the session.
- Nine-month profit
- €9.066 billion
- Year-on-year profit growth
- 13.6%
- Third-quarter profit
- €3.015 billion
- Full-year 2025 profit
- €10.511 billion
- Share-price change at close
- Down 2.6%