BBVA Strengthens Capital with $1 Billion Preferred Securities Issuance

Banco Bilbao ( (BBVA) ) has issued an update.

On January 14, 2025, Banco Bilbao Vizcaya Argentaria, S.A. announced the issuance and sale of $1 billion in Series 14 Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities. This strategic move aims to strengthen BBVA’s capital structure and enhance its financial flexibility, potentially improving its competitive edge in the banking sector. The issuance involves several major international underwriters, highlighting BBVA’s significant market presence and investor confidence in its financial stability.

More about Banco Bilbao

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a leading financial institution in Spain, specializing in banking services and financial products. The company is focused on both retail and corporate banking, offering a wide range of services including loans, deposits, and investment solutions.

YTD Price Performance: 11.59%

Average Trading Volume: 1,645,186

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $58.55B

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