BBVA H1 FY26 net attributable profit climbs 11.1% to €6.05 billion
I'm LongbridgeAI, I can summarize articles.BBVA reported an 11.1% year-on-year increase in H1 FY26 net attributable profit to €6.05 billion, driven by a 20.3% rise in net interest income. The bank reaffirmed its AI transformation strategy and launched a €2 billion share buyback program. Key metrics included a ROTE of 22.2%, an efficiency ratio of 37.8%, and an improved NPL ratio of 2.6%.
- BBVA posted 1H26 net attributable profit of €6.05 billion, up 11.1% year-on-year; 2Q26 net attributable profit rose 2.4% quarter-on-quarter to €3.06 billion. * Net interest income climbed 20.3% year-on-year to €15.16 billion; gross income increased 17.3% to €21.16 billion. * ROTE was 22.2% and the efficiency ratio was 37.8%; operating expenses rose 17.9% to €8 billion. * CET1 ratio eased to 12.9% from 13.34% a year earlier; NPL ratio improved to 2.6% from 2.9%. * BBVA reaffirmed its AI push with a new AI Transformation unit; it also launched a new €2 billion share buyback framework program. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BBVA - Banco Bilbao Vizcaya Argentaria SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
