Banco Bilbao Vizcaya Argentaria, S.a annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Banco Bilbao Vizcaya Argentaria, S.a Free Cash Flow (FCF) History (BVA)
Banco Bilbao Vizcaya Argentaria, S.a reported €14.14B in free cash flow for fiscal 2025, an increase of €33.53B from the previous fiscal year, with a free cash flow margin of 4475.00%.
View full Banco Bilbao Vizcaya Argentaria, S.a company overviewBanco Bilbao Vizcaya Argentaria, S.a free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | €14.14B | €33.53B | — | +4475.00% |
| 2024 | 2024-12-31 | −€19.39B | −€17.54B | — | −7206.32% |
| 2023 | 2023-12-31 | −€1.85B | −€23.76B | — | −680.15% |
| 2022 | 2022-12-31 | €21.91B | €23.54B | — | +8977.87% |
| 2021 | 2021-12-31 | −€1.64B | −€40.35B | — | — |
| 2020 | 2020-12-31 | €38.72B | €50.22B | — | — |
| 2019 | 2019-12-31 | −€11.51B | — | — | — |
Banco Bilbao Vizcaya Argentaria, S.a quarterly free cash flow
Q1.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | €3.31B | — | — | +33.74% |
| Q3 2025 | 2025-09-30 | €16.75B | — | — | +171.31% |
| Q1 2025 | 2025-03-31 | −€151.0M | — | — | — |
Banco Bilbao Vizcaya Argentaria, S.a free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from €38.72B to €14.14B, a compound annual decline of 18.24%. Banco Bilbao Vizcaya Argentaria, S.a's latest reported quarter, Q4 2025, generated €3.31B in free cash flow.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Banco Bilbao Vizcaya Argentaria, S.a source filings ↗