Banco Bilbao Vizcaya Argentaria. - ADR Stock News

The board of Spanish lender Sabadell on Friday issued an unfavourable recommendation regarding BBVA's hostile takeover, adding that its Spanish competitor's bid undervalued the bank.

The chief executive officer of Sabadell Cesar Gonzalez-Bueno on Tuesday said he expected BBVA to submit a revised offer for his bank.

Spanish bank BBVA formally launched on Monday its 14.8 billion euro ($17.34 billion) hostile takeover bid for Sabadell , with some analysts expecting it will have to raise its offer as shares in its smaller rival have surged past the original price.

Spain's BBVA on Monday formally launched a 14.8 billion euros ($17.34 billion) hostile takeover bid for smaller rival Sabadell.

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA ) Tender Offer to Banco Sabadell Shareholders Conference September 5, 2025 6:00 AM EDT Company Participants Patricia Bueno - Head of Investor Shareholder Relations of Finance Carlos Torres Vila - President & Group Executive Chairman Onur Genç - CEO & Executive Director Maria Gomez Bravo - Global Head of Finance & CFO Conference Call Participants ...

Banco Bilbao Vizcaya Argentaria delivered strong H1 results, with net profit up 8% and robust guidance for 2025-2028, targeting 22% ROTE and rising dividends. The bank plans to generate €48B in net income and distribute substantial dividends, supported by disciplined capital allocation and share buybacks. BBVA's ongoing bid for Banco de Sabadell could enhance growth, though a higher offer may b...

Spain's stock market supervisor on Friday approved BBVA's takeover offer to acquire smaller lender Sabadell.

Spanish stocks have emerged as a standout performer in 2025, with the IBEX 35 index climbing nearly 30% year-to-date – outpacing major European and US benchmarks. The rally has been backed by robust economic growth, resilience corporate earnings, and favorable macroeconomic backdrop.