Carlos Torres Vila insists that the merger between BBVA and Sabadell will create more value for shareholders than if the two banks went it alone

During the annual earnings presentation of BBVA, which posted a profit exceeding €10 billion in 2024 and profitability (ROTE) of close to 20 percent, its chair, Carlos Torres Vila, remarked on the bank’s exceptional ability to generate value for its shareholders. More precisely, BBVA will pay out €5 billion among its shareholders—in the form of cash dividends and share buybacks—charged to 2024 earnings. In his view, the offer presented to Banco Sabadell is highly attractive and he is confident that it will go ahead, as the combination will create more value for shareholders than what both banks could generate going it alone. Meanwhile, BBVA’s CEO, Onur Genç stated that BBVA expects to maintain its current levels of profitability throughout 2025 and confirmed Mexico’s growth potential. He also announced that the bank will hold an Investor Day to unveil its new strategic plan this year.Weiter zum vollständigen Artikel bei Banco Bilbao Weiter zum vollständigen Artikel bei Banco Bilbao