BBVA reported third-quarter profit in line with expectations, though higher provisions weighed on the result and its shares fell, according to Investing.com España. The Spanish lender's quarterly earnings were published on Thursday, 29 October 2026.
Investing.com España also reports that BBVA beat profit forecasts on the strength of its revenue. The two signals point to a quarter in which income held up while the bank set aside more money for provisions.
At the nine-month mark, BBVA earned €9.066 billion between January and September, an increase of 13.6%, according to figures reported by Expansión, El Economista and Cinco Días. El Economista put the bank's profitability at 22%, describing it as a sharp rise. Those full-period figures cover the first three quarters of the year and are separate from the quarterly result that missed market reaction on the day.
The reports give no further detail on the size of the provisions or the reasons behind them, and no explanation for the share decline beyond the provision increase.
Investors will be watching how BBVA's provisioning develops in the coming quarters and whether revenue strength continues to offset it.
