Business Context and Reporting Period
This Form 6-K filing by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) was submitted on September 29, 2025. The report discloses inside information regarding a resolution by the Board of Directors to pay a cash interim dividend for the 2025 fiscal year.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend distribution:
- Gross Dividend per Share: €0.32
- Net Dividend per Share: €0.2592 (reflecting a 19% withholding tax rate)
Material Changes and Unusual Items
The primary material event is the declaration of the interim dividend. A significant contingency exists regarding the payment date linked to BBVA's voluntary offer for 100% of the share capital of Banco de Sabadell, S.A.:
- Standard Payment Date: November 7, 2025.
- Contingency: If the Banco de Sabadell offer is positive but not effectively settled by November 4, 2025, the dividend payment will be delayed to three Spanish trading days after the offer's effective settlement.
- Purpose: This delay ensures that new shareholders resulting from the Banco de Sabadell transaction retain the right to participate in the dividend.
Dividend Schedule
| Event | Date |
|---|---|
| Last Trading Date | November 4, 2025 |
| Ex-Dividend Date | November 5, 2025 |
| Record Date | November 6, 2025 |
| Payment Date | November 7, 2025 (subject to Banco de Sabadell offer status) |
Investor Verification Checklist
- Verify the status of the voluntary offer for Banco de Sabadell, S.A. by November 4, 2025, to confirm if the dividend payment date will be delayed.
- Confirm the applicable withholding tax rate for your specific jurisdiction, as the net dividend of €0.2592 assumes a 19% rate.
- Monitor IBERCLEAR regulations for any updates regarding the settlement mechanics if the payment date is adjusted.