Banco Bilbao Vizcaya Argentaria, ES0113211835

DBRS upgrades BBVA: Banco Bilbao Vizcaya Argentaria stock gets AA (low)

Published on 10/21/2026 at 10:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DBRS moved BBVA's issuer rating from A (high) to AA (low) on October 20, 2026. Banco Bilbao Vizcaya Argentaria stock trades at EUR 22.66 on October 21, 2026.

Credit quality and shareholder dates

Morningstar DBRS moved BBVA's long-term issuer rating from A (high) to AA (low) on October 20, 2026.
BBVA reported EUR 6.05 billion in first-half 2026 attributable profit and a 22.20 percent ROTE.
Banco Bilbao Vizcaya Argentaria stock trades at EUR 22.66 at 10:06 a.m. CEST at Lang & Schwarz on October 21, 2026.

Photorealistisches Architektur-Render einer gläsernen Banktürme-Skyline — Architektur-Rendering einer gläsernen Bankzentrale repräsentiert Firmensitz-Charakter der Großbank BBVA (Banco Bilbao) ISIN ES0113211835, Illustration mit AI erstellt.

Banco Bilbao Vizcaya Argentaria stock (ISIN ES0113211835) trades at EUR 22.66 at Lang & Schwarz on October 21, 2026, at 10:06 a.m. CEST. The latest company event was Morningstar DBRS moving BBVA's long-term issuer rating from A (high) to AA (low) on October 20, 2026, according to BBVA.

Credit quality meets strong profits

The rating action covered BBVA's senior issuer, senior preferred debt and long-term deposit ratings. The senior issuer rating rose one notch from A (high) to AA (low), while the outlook changed from positive to stable, according to the BBVA release dated October 20, 2026.

The bank's operating backdrop gives the upgrade measurable context. In the first half of 2026, attributable profit reached EUR 6.05 billion, up 11.10 percent year over year, while return on tangible equity stood at 22.20 percent, according to Benzinga. Those figures explain why the agency linked the rating decision to profitability and capital strength.

Three dated steps shape the story

On October 2, 2026, BBVA announced a gross interim dividend of EUR 0.37 per share for the 2026 financial year, according to BBVA. On October 19, 2026, the investor-relations calendar listed a periodic report on the second EUR 1 billion buyback tranche, and on October 20, 2026, DBRS raised the issuer rating to AA (low).

What dates come next?

BBVA's next results presentation is scheduled for October 29, 2026, at 9:30 a.m. Madrid time, according to the BBVA financial calendar. The same calendar lists the next annual results presentation for October 28, 2027. The October report will test whether the first-half profit profile is continuing into the third quarter.

Stock stays tied to the results date

For investors, the credit upgrade and the EUR 0.37 dividend provide two separate signals: stronger recognized credit quality and a defined cash distribution. The next earnings presentation now supplies the clearest date for testing BBVA's profitability trajectory. Banco Bilbao Vizcaya Argentaria stock was trading at EUR 22.66 at Lang & Schwarz on October 21, 2026, at 10:06 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Banco Bilbao Vizcaya Argentaria stock.