PNC Financial Services Group Reduces $78K in Banco Bilbao Vizcaya Argentaria, S.A. ($BBVA)

The bank reduced its holdings by 3,172 shares, a 1.4% decrease.

Written by EarningsIQ · Published Jun 17, 2026, 4:17 AM EDT · Updated Jun 18, 2026, 4:16 AM EDT

Key Points

PNC Financial Services cut its Banco Bilbao Vizcaya Argentaria position by 3,172 shares, reducing its stake by 1.4% to 223,731 shares as of the latest 13F filing.
Banco Bilbao Vizcaya Argentaria trades at $24.39, with a market cap of $135.38 billion and a P/E ratio of 11.56.
Other major funds like Morgan Stanley and Goldman Sachs increased their BBVA holdings, while Fisher Asset Management reduced its position.

PNC Financial Services Group has trimmed its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3,172 shares. This represents a 1.4% decrease, bringing its total holdings to 223,731 shares. The value of these holdings is approximately $5.46 million, according to the latest Form 13F filing with the SEC.

What Changed in PNC Financial Services' Banco Bilbao Vizcaya Argentaria Position

PNC Financial Services Group's recent filing shows a reduction in its stake in Banco Bilbao Vizcaya Argentaria, S.A., dropping from 226,903 shares to 223,731 shares. The decrease of 3,172 shares marks a 1.4% reduction in its holdings, reflecting a slight shift in its investment strategy.

Other Institutional Activity in Banco Bilbao Vizcaya Argentaria

In other institutional activity, Fisher Asset Management reduced its stake in BBVA by 4,239,629 shares, ending with 29,715,109 shares valued at about $643.63 million. Meanwhile, Morgan Stanley added 921,659 shares to its holdings, bringing its total to 12,903,320 shares worth approximately $279.49 million. Goldman Sachs Group significantly increased its stake by 1,774,623 shares, now holding 11,858,811 shares valued at $256.86 million. Dimensional Fund Advisors made a small addition of 5,444 shares, resulting in a total of 10,341,381 shares valued at $223.98 million. FMR LLC slightly reduced its position by 61,531 shares, holding 8,517,186 shares worth $184.48 million. BlackRock, Inc. expanded its holdings by 245,133 shares, reaching 8,236,613 shares valued at $178.41 million.

Banco Bilbao Vizcaya Argentaria Stock Snapshot

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) are trading around $24.39. The company has a market capitalization of approximately $135.38 billion. It boasts a P/E ratio of 11.56 and a forward P/E of 10.14, with a beta of 0.885. The stock has seen a 52-week low of $14.63 and a high of $26.20. Its 50-day moving average is $22.55, while the 200-day moving average is $21.78.

Recent Earnings

Banco Bilbao Vizcaya Argentaria reported revenue of $32.61 billion, reflecting a growth rate of 11.9%. The company's net margin stands at 33.12%, with a return on equity of 19.04%. Earnings per share were reported at $2.11. The next earnings report is scheduled for July 30, 2026.

Dividend

The company offers an annual dividend rate of $1.08, translating to a yield of 4.42%. The dividend payout ratio is 39.66%.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, S.A., based in Bilbao, Spain, is a major player in the financial services sector, offering a variety of services such as retail, wholesale, investment, and transaction banking. It operates across Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The bank also engages in insurance, asset management, and digital banking. Established in 1857, BBVA is led by CEO Mr. Onur Genc and employs over 123,000 people worldwide.

Bottom Line

PNC Financial Services' decision to slightly reduce its holdings in Banco Bilbao Vizcaya Argentaria reflects a minor adjustment in its portfolio strategy. Investors often track such changes for insights into institutional confidence. Remember, 13F filings are historical snapshots and may not represent the current position.