Banco Bilbao Vizcaya Argentaria, ES0113211835

DBRS upgrades BBVA rating for Banco Bilbao Vizcaya Argentaria stock

Published on 10/22/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BBVA moved from A (high) to AA (low) on October 20, 2026. Banco Bilbao Vizcaya Argentaria stock costs EUR 22.49 amid a EUR 1 billion buyback.

Credit quality and capital return

Morningstar DBRS raised BBVA's long-term senior issuer rating on October 20, 2026.
BBVA's second buyback tranche totals EUR 1 billion and was announced on October 13, 2026.
Banco Bilbao Vizcaya Argentaria stock was trading at EUR 22.49 at 9:44 a.m. CEST at Lang & Schwarz on October 22, 2026.

Fotorealistisches Panorama der Madrider Skyline bei goldenem Abendlicht — Fotorealistische Madrider Skyline bei Sonnenuntergang symbolisiert Geschäftssitz von BBVA (Banco Bilbao) ISIN ES0113211835 international, Illustration mit AI erstellt.

Banco Bilbao Vizcaya Argentaria (ES0113211835) was trading at EUR 22.49 at Lang & Schwarz on October 22, 2026 at 9:44 a.m. CEST. The latest company catalyst was a one-notch Morningstar DBRS upgrade announced on October 20, 2026, while BBVA is also executing a EUR 1 billion share buyback.

Credit rating moves higher

According to MarketScreener, Morningstar DBRS lifted BBVA's long-term senior issuer rating from A (high) to AA (low) on October 20, 2026. The outlook changed from positive to stable, giving the credit action a mixed signal: stronger rating quality, but less favorable forward wording.

The upgrade also covered long-term senior debt, subordinated debt and deposits. For investors, the rating matters because it frames the bank's funding profile while the share price is being assessed ahead of third-quarter results.

What does the buyback mean?

BBVA's investor-relations page lists a second tranche of its share buyback program at EUR 1 billion, dated October 13, 2026. The same page identifies the third-quarter results presentation announcement dated October 19, 2026, linking the capital-return program with a defined reporting calendar.

Three recent BBVA milestones

On July 30, 2026, BBVA published its second-quarter earnings presentation; on October 13, 2026, it announced a EUR 1 billion second buyback tranche; on October 20, 2026, Morningstar DBRS raised the issuer rating from A (high) to AA (low), according to Banco Bilbao Vizcaya Argentaria and MarketScreener.

Next reporting date

BBVA is scheduled to present its third-quarter 2026 results on October 29, 2026, according to the investor-relations calendar.

Stock price before results

The pre-market quote places the stock at EUR 22.49 in Germany. The combination of a higher issuer rating, a EUR 1 billion buyback tranche and the October 29 reporting date gives investors three measurable reference points for the next update. The further course of trading is shown by the continuously updated real-time quote of Banco Bilbao Vizcaya Argentaria stock.