BBVA CFO Discusses Growth Strategy and Financial Targets
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Chief Financial Officer, Luisa Gomez Bravo, presented the bank’s strategic outlook and financial objectives at the 30th Annual European Financials Conference hosted by Goldman Sachs on June 3, 2026. Gomez Bravo, who has served as CFO since 2023 and has a two-decade tenure with BBVA, including leadership roles in Global CIB, shared insights into the bank’s performance and future plans.
Focus on Sustained Return on Tangible Equity
During the session, BBVA’s strategy for maintaining a high return on tangible equity (RoTE) was a key discussion point. The bank achieved an RoTE of nearly 22% in the first quarter of 2026. BBVA has set a target of generating EUR 48 billion in net income between 2025 and 2028, aiming for an average RoTE of approximately 22% over this four-year period.
Key Levers for High Returns
Gomez Bravo expressed strong confidence in the bank’s current performance trends and its commitment to achieving these medium-term financial goals. When questioned about the specific levers that will enable BBVA to sustain its target average RoTE of 22% and potential upside risks to these targets, she elaborated on the bank’s performance trajectory.
“We are very confident in the trends that we’re seeing in terms of our performance, and we feel very committed to being able to deliver on our midterm goals, as you mentioned, the 22% average RoTE at the end of ’28 for the 4 years,” Gomez Bravo stated. She further commented on the positive performance observed, indicating a solid foundation for meeting the set objectives.
The discussion also touched upon factors that could potentially lead to upgrades of BBVA’s medium-term targets, suggesting an optimistic outlook on future growth and profitability.
