Equity analysts

Analysts consensus

The information contained herein either has been provided by analyst or is available to the public and BBVA make no representation or warranty, express or implied, as to the accuracy or completeness of the referred information.

BBVA reserves the right to modify or supplement the information provided without prior notice.

This data, that is not under the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), is provided as a courtesy and for convenience and informational purposes only and is not intended to imply any endorsement of or provide any investment advice.

BBVA shall have no liability whatsoever (in negligence or otherwise) for any damage or loss howsoever arising from any use of this information.

 

Consensus of estimated quarterly results

 

Consolidated

Consensus (EUR m)2Q21
Net Interest Income3,513
Gross Income4,988
Operating Income2,724
Net Attributable Profit from ongoing operations958
Net Attributable Profit (**)379
BIS3 FL CET1 (%) 14.18

(*) This consensus includes the estimates of 19 analysts for the P&L, 18 analysts for the CET1 FL ratio. Updated as of July 16th, 2021

(**) Includes the consensus estimate for the net attributable profit from the US business sold and capital gain from the sale + the restructuring charge net of taxes

Business areas

Net Attributable Profit (EUR m)2Q21
Spain218
Mexico500
Turkey113
South America103
Rest of Business58
Corporate Center (results from ongoing operations)-623
Corporate Center (**)-43

(*) This consensus includes the estimates of 17 analysts. Updated as of July 16th, 2021

(**) Includes the consensus estimate for the net attributable profit from the US business sold and capital gain from the sale + the restructuring charge net of taxes

 

Consensus of estimated annual results

 

Consolidated

Consensus (EUR m) (*)202120222023
Net Interest Income
14,19714,38814,784
Gross Income19,87919,81020,311
Operating Income10,83010,75411,099
Net Attributable Profit excluding corporate operations3,4003,5233,940
Net Attributable Profit (**)3,2623,4933,940
BIS3 FL CET1 (%)14.1013.8714.00

(*) Consensus calculated from the contribution of 17 analysts. Data updated as of May 25, 2021.

(**) Includes: i) the impact from the US sale (results from the business sold until the closing of the deal and the capital gain from the sale) and, ii) the one off restructuring charge, included by 12 out of 17 analysts that contributed to the consensus.

Business areas

Net Attributable Profit (EUR m) (*)202120222023
Spain1,1091,2101,364
Mexico1,9612,0992,279
Turkey528497513
South America425464498
Rest of Business227207216
Corporate Center excluding corporate operations-831-961-972
Corporate Center (**)-969-990-972

(*) Consensus calculated from the contribution of 17 analysts. Data updated as of May 25, 2021.

(**) Includes: i) the impact from the US sale (results from the business sold until the closing of the deal and the capital gain from the sale) and, ii) the one off restructuring charge, included by 12 out of 17 analysts that contributed to the consensus.

To our best knowledge, the following analysts and companies follow BBVA on a regular basis. BBVA takes no responsibility for their opinions.

CompanyAnalyst
Alantra EquitiesFrancisco Riquel
Autonomous ResearchBritta Schmidt
Banco SabadellMaría Paz Ojeda
BankinterRafael Alonso
Barclays Fernando Gil De Santivañes
BerenbergAndrew Lowe
BestinverMario Ropero
BofA-MLMarta Sánchez
CaixaBank BPICarlos Joaquim Peixoto
CitigroupStefan Nedialkov
Credit SuisseJon Peace
Deutsche BankFlora Benhakoun
Exane BNP ParibasIgnacio Ulargui
Goldman SachsJermej Omahen
GVC GaescoMarisa Mazo
HSBCDomenico Santoro
JB CapitalMaksym Mishyn
JefferiesBenjie Creeland-Sandford
JP MorganSofie Peterzéns
KBWDaragh Quinn
Kepler CheuvreuxJacques-Henri Gaulard
MediobancaAndrea Filtri
Morgan StanleyÁlvaro Serrano
Morningstar Johann Scholtz
NorbolsaNagore Díez
RBCBenjamin Toms
RedburnGonzalo López
Renta 4Nuria Álvarez
SantanderPatrick Lee
Société GénéraleCarlos Cobo
UBSIgnacio Cerezo

Including equity analyst recommendation on BBVA.

Analyst recommendations

CompanyRecommendationP.O.Date
Alantra EquitiesBUY6.4005/24/2021
AutonomousHOLD5.5005/10/2021
BankinterBUY5.3505/04/2020
BarclaysHOLD4.7006/09/2021
BerenbergSELL2.1011/03/2020
BestinverHOLD5.2506/22/2021
BoAMLBUY6.6007/01/2021
Caixabank BPIBUY5.8003/15/2021
CarraighillHOLD5.5506/09/2021
CitigroupBUY6.0007/19/2021
Credit SuisseHOLD4.5005/04/2021
Deutsche BankBUY6.0005/27/2021
Exane BNP ParibasBUY6.1006/21/2021
Goldman SachsNANA11/18/2020
GVC GaescoHOLD4.4002/08/2021
HSBCHOLD5.5006/11/2021
JB CapitalSELL5.1007/14/2021
JefferiesBUY6.3007/16/2021
JP MorganBUY6.8006/17/2021
Keefe B&WHOLD4.9905/14/2021
Kepler CheuvreuxHOLD5.0407/23/2021
MediobancaHOLD5.4005/03/2021
Morgan StanleyHOLD5.6007/07/2021
MorningstarHOLD5.9001/06/2021
NorbolsaBUY5.3505/14/2021
OddoHOLD4.8005/03/2021
RBCBUY    6.1006/25/2021
RedburnHOLDNA05/07/2021
Renta 4BUY6.8006/30/2021
SabadellBUY4.3011/16/2020
SantanderBUY4.7004/30/2021
Societe GeneraleBUY6.0006/16/2021
UBSHOLD5.3507/15/2021

The information contained herein either has been provided by analyst or is available to the public and BBVA make no representation or warranty, express or implied, as to the accuracy or completeness of the referred information.

BBVA reserves the right to modify or supplement the information provided without prior notice.

This data, that is not under the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), is provided as a courtesy and for convenience and informational purposes only and is not intended to imply any endorsement of or provide any investment advice.

BBVA shall have no liability whatsoever (in negligence or otherwise) for any damage or loss howsoever arising from any use of this information.

 

Consensus of estimated quarterly results

 

Consolidated

Consensus (EUR m)2Q21
Net Interest Income3,513
Gross Income4,988
Operating Income2,724
Net Attributable Profit from ongoing operations958
Net Attributable Profit (**)379
BIS3 FL CET1 (%) 14.18

(*) This consensus includes the estimates of 19 analysts for the P&L, 18 analysts for the CET1 FL ratio. Updated as of July 16th, 2021

(**) Includes the consensus estimate for the net attributable profit from the US business sold and capital gain from the sale + the restructuring charge net of taxes

Business areas

Net Attributable Profit (EUR m)2Q21
Spain218
Mexico500
Turkey113
South America103
Rest of Business58
Corporate Center (results from ongoing operations)-623
Corporate Center (**)-43

(*) This consensus includes the estimates of 17 analysts. Updated as of July 16th, 2021

(**) Includes the consensus estimate for the net attributable profit from the US business sold and capital gain from the sale + the restructuring charge net of taxes

 

Consensus of estimated annual results

 

Consolidated

Consensus (EUR m) (*)202120222023
Net Interest Income
14,19714,38814,784
Gross Income19,87919,81020,311
Operating Income10,83010,75411,099
Net Attributable Profit excluding corporate operations3,4003,5233,940
Net Attributable Profit (**)3,2623,4933,940
BIS3 FL CET1 (%)14.1013.8714.00

(*) Consensus calculated from the contribution of 17 analysts. Data updated as of May 25, 2021.

(**) Includes: i) the impact from the US sale (results from the business sold until the closing of the deal and the capital gain from the sale) and, ii) the one off restructuring charge, included by 12 out of 17 analysts that contributed to the consensus.

Business areas

Net Attributable Profit (EUR m) (*)202120222023
Spain1,1091,2101,364
Mexico1,9612,0992,279
Turkey528497513
South America425464498
Rest of Business227207216
Corporate Center excluding corporate operations-831-961-972
Corporate Center (**)-969-990-972

(*) Consensus calculated from the contribution of 17 analysts. Data updated as of May 25, 2021.

(**) Includes: i) the impact from the US sale (results from the business sold until the closing of the deal and the capital gain from the sale) and, ii) the one off restructuring charge, included by 12 out of 17 analysts that contributed to the consensus.

Updated page 26 May 2020