BBVA posts record profit after failed Sabadell takeover

The 10.5 billion euros ($12.4 billion) of profit last year, an increase of 4.5 percent on 2024, comes after Santander also achieved record earnings in a moment of rude health for the sector. BBVA, a major player also in Turkey and Latin America, said banking activity and customer growth drove its earnings, with a record 11.5 million new clients joining in 2025. Lending increased by 16.2 percent, supported by gains in market share in Spain, Mexico and Turkey. "This outstanding performance has resulted in an excellent value creation...