BBVA stock stays close to 12-month highs as buyback and SME deal support investor confidence

Banco Bilbao Vizcaya Argentaria SA (ISIN ES0113211835) stock is trading close to a fresh 12-month high, with the United States listing on the NYSE reported at an intraday peak of $29.15 and a last trade of $29.17 on August 24, 2026, compared with a previous close of $29.04, indicating a modest gain at elevated levels for investors tracking the shares across markets. The same quote snapshot also puts the Spanish home-market price at EUR 24.82 on Bolsa de Madrid on August 24, 2026, showing that the rally has been maintained in local currency terms.

Buyback program adds support to the share price

Alongside the strong trading levels, BBVA continues to execute a sizable share buyback program that underpins the stock at higher prices, as detailed in a periodic report on August 24, 2026 covering the first tranche of the plan. According to the latest execution update, the cash amount of shares purchased to date in this first tranche totals EUR 390,930,519.33, which represents 39.09 percent of the maximum planned cash amount for that tranche, signaling that a significant portion of the repurchase capacity has already been deployed.

From an investor perspective, the combination of a stock price at $29.17 on August 24, 2026 and buyback spending of EUR 390.9 million in the first tranche suggests that BBVA is actively returning capital while its valuation moves closer to the upper end of its recent trading range, with the NYSE quote standing at a new 52-week high according to the same market snapshot. This quantifiable support from repurchases can help absorb selling pressure and may contribute to keeping the shares anchored near the $29 mark as long as the program progresses.

SME credit-risk transfer expands Mexican growth platform

Beyond capital returns, BBVA is also pursuing growth initiatives, including a new credit-risk transfer designed to expand financing to small and medium-sized enterprises in Mexico as highlighted in a press communication dated August 24, 2026 from the World Bank Group’s International Finance Corporation. In that transaction, IFC agreed to provide a credit guarantee of up to MXN 1,795,000,000, equivalent to US$103.5 million, to BBVA Mexico to support SME lending, giving the bank additional capacity to grow a key segment without taking all the risk onto its own balance sheet.

For BBVA shareholders, this MXN 1.795 billion risk-transfer facility represents a concrete number that complements the share buyback data and suggests that the group is balancing capital distribution with targeted growth investments. The deal size of US$103.5 million in SME risk guarantees is smaller than the hundreds of millions of euros being deployed in the buyback but still material in the context of Mexico’s lending market, which can offer higher-margin opportunities and diversify earnings beyond the euro area.

Recent trading metrics and valuation context

Looking across markets, the NYSE listing at $29.17 and the Spanish price of EUR 24.82 on August 24, 2026 indicate that BBVA stock is trading close to its 12-month high on both sides of the Atlantic, with the US price only a small step above the previous close of $29.04 in the same snapshot. That implies a day-on-day gain of $0.13, or 0.45 percent, highlighting that the move to the 52-week high has been incremental rather than abrupt, which can be more sustainable when backed by steady buyback execution.

While the exact latest market capitalization was not detailed in the quote snapshot used here, the combination of the $29-level US price and the large-scale repurchase of EUR 390.9 million in the first tranche signals that BBVA is operating with the financial capacity typical of a major European banking group. Historically, banks of similar size tend to use buybacks to manage capital ratios and support earnings per share, so the disclosed figure of 39.09 percent of the first-tranche maximum cash amount already deployed offers a benchmark for investors assessing how far BBVA has progressed in its current program versus its stated limits.

BBVA’s retail and SME offer in Mexico

BBVA’s Mexican operations are a central part of its international footprint, and the newly announced SME credit-risk transfer sits alongside a broad range of products already used by business customers in that market. A representative example is BBVA’s SME working-capital loan solutions in Mexico, which typically combine flexible repayment structures with digital onboarding and portfolio monitoring, allowing smaller businesses to access tailored financing for inventory, payroll, and expansion projects while the bank uses data and risk-sharing tools to maintain credit discipline.

Stock levels across listings

As of the latest reported trading session on August 24, 2026, BBVA stock trades on the NYSE at $29.17 and on Bolsa de Madrid at EUR 24.82 according to the same detailed market snapshot, leaving the shares close to the recently identified 12-month high in dollars and consolidating at elevated levels in euros. For investors tracking the name, these concrete prices, paired with a disclosed buyback cash outlay of EUR 390,930,519.33 in the first tranche and a growth-oriented MXN 1,795,000,000 SME risk-transfer facility in Mexico, offer a quantified picture of how BBVA combines shareholder returns and business expansion as it navigates the 2026 banking landscape.

Read more

Investor Relations information on BBVA’s strategy and capital programs can be found on the group’s own IR pages, which provide detailed presentations and reporting for shareholders.

Fact box

Company: Banco Bilbao Vizcaya Argentaria SA

ISIN: ES0113211835

Ticker: BBVA

Exchange: NYSE and Bolsa de Madrid

Price (as of August 24, 2026, session data): $29.17 USD on NYSE; EUR 24.82 on Bolsa de Madrid

Sector / Industry: Financials / Banks

Index membership: IBEX 35