Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) covers the reporting period of May 12, 2026. The document serves as a notification of other relevant information regarding a credit rating upgrade by Fitch Ratings.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on credit rating adjustments.
Material Changes
On May 12, 2026, Fitch Ratings upgraded BBVA's credit ratings following the publication of revised Bank Rating Criteria on May 8, 2026. The specific changes are:
- Long-term issuer default rating: Upgraded from A- to A.
- Long-term deposit rating: Upgraded from A to A+.
- Outlook: Remains stable.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, management commentary on future performance, or specific risk factors beyond the context of the rating criteria revision. The stable outlook indicates Fitch's expectation of continued creditworthiness.
Investor Verification Checklist
- Verify the details of Fitch's revised Bank Rating Criteria published on May 8, 2026.
- Confirm the effective date of the rating upgrades (May 12, 2026).
- Review BBVA's subsequent financial reports to assess if the rating upgrade correlates with improved capital metrics or profitability.