BBVA targets about €48 billion in cumulative net attributable profit for 2025-2028
BBVA•BBVA targets about €48 billion in cumulative net attributable profit from 2025 through 2028. It also aims for average return on tangible equity of about 22% and a cost-to-income ratio of about 35% by 2028.
1. Four-year targets
BBVA set a target of about €48 billion in cumulative net attributable profit for 2025-2028. Cumulative earnings through September 2026 reached €19.6 billion.
2. Returns and efficiency
The bank targets average return on tangible equity of about 22%, compared with 20.6% achieved from 2025 through September 2026. It aims to bring its cost-to-income ratio to about 35% by 2028, from 37.9% in the first nine months of 2026.
3. Shareholder value target
BBVA targets mid-teens compound annual growth in tangible book value plus dividends per share over 2024-2028; the measure was up 14.2% through September 2026.




