BBVA targets about EUR 48 billion in cumulative attributable profit for 2025-2028
BBVA•BBVA targets approximately EUR 48 billion in cumulative attributable profit for 2025-2028, with EUR 19.6 billion accumulated through September 2026. It also targets average return on tangible equity of about 22%, a cost-to-income ratio of about 35% by 2028 and roughly 15% annual compound growth in tangible book value per share including dividends over 2024-2028.
1. Financial targets
BBVA targets approximately EUR 48 billion in cumulative attributable profit for 2025-2028, with EUR 19.6 billion accumulated through September 2026. It targets average return on tangible equity of approximately 22% for 2025-2028, compared with 20.6% through September 2026, and a cost-to-income ratio of approximately 35% by 2028, versus 37.9% in the first nine months of 2026. Tangible book value per share including dividends is targeted to grow at approximately 15% annually on a compound basis over 2024-2028, compared with 14.2% through September 2026.
