Banco Bilbao Vizcaya Argentaria S.A. - ADR

Strong Financial Performance: BBVA reported a net attributable profit of EUR 2,698 million in Q1 2025, reflecting a 23% increase year-over-year and a 10.9% increase from the previous quarter. The earnings per share rose 24% year-over-year to EUR 0.45, showcasing strong underlying business performance supported by a 14.1% increase in tangible value per share.

Profitability Metrics: The bank achieved a remarkable return on tangible equity (ROTE) of 20.2% and a return on equity of 19.3%, positioning itself as potentially the most profitable European bank among its peers. This highlights effective management and a solid growth strategy despite economic uncertainties.

Growth in Core Revenues: Net interest income (NII) grew by 8.5% year-over-year, driven by robust business activity and loan growth (15.1% year-over-year). This is indicative of healthy demand for credit, particularly in Spain and Mexico, where loan growth was notably strong (6.6% in Spain, 17.2% in Mexico).