v3.25.4
Note 7 Maximum Credit Risk Exposure, accumulated allowances and carrying amount by geographical location (Details) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk € 261,536 [1] € 232,185 [2] € 214,522 [3]
Allowance account for credit losses of financial assets 4,699 [1] (4,684) [2] (4,593) [3]
Loans and advances to customers 256,838 [1] 227,501 [2] 209,929 [3]
MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 100,699 91,717 91,086
Allowance account for credit losses of financial assets 3,482 (3,055) (3,049)
Loans and advances to customers 97,217 88,662 88,037
TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 55,756 [4] 50,083 [5] 39,058 [6]
Allowance account for credit losses of financial assets 2,011 [4] (1,784) [5] (1,641) [6]
Loans and advances to customers 53,745 [4] 48,299 [5] 37,416 [6]
South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 53,331 [7] 48,897 [8] 43,151 [9]
Allowance account for credit losses of financial assets 2,095 [7] (2,079) [8] (1,976) [9]
Loans and advances to customers 51,235 [7] 46,818 [8] 41,175 [9]
Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 1,375 1,205 1,094
Allowance account for credit losses of financial assets 9 (9) (10)
Loans and advances to customers 1,366 1,197 1,085
Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 472,697 [10] 424,087 [11] 388,912 [12]
Allowance account for credit losses of financial assets 12,297 [10] (11,611) [11] (11,269) [12]
Loans and advances to customers 460,401 [10] 412,477 [11] 377,643 [12]
Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,304 (1,532) (1,665)
Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 10,992 (10,079) (9,604)
Stage 1 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 239,762 [1] 208,969 [2] 183,503 [3]
Allowance account for credit losses of financial assets 528 [1] (543) [2] (503) [3]
Loans and advances to customers 239,235 [1] 208,426 [2] 183,000 [3]
Stage 1 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 91,333 83,053 81,619
Allowance account for credit losses of financial assets 1,346 (1,210) (1,097)
Loans and advances to customers 89,987 81,843 80,522
Stage 1 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 48,214 [4] 42,708 [5] 34,105 [6]
Allowance account for credit losses of financial assets 176 [4] (243) [5] (167) [6]
Loans and advances to customers 48,038 [4] 42,465 [5] 33,938 [6]
Stage 1 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 46,988 [7] 42,204 [8] 36,237 [9]
Allowance account for credit losses of financial assets 373 [7] (393) [8] (319) [9]
Loans and advances to customers 46,614 [7] 41,811 [8] 35,918 [9]
Stage 1 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 1,327 1,170 1,069
Allowance account for credit losses of financial assets 1 0 0
Loans and advances to customers 1,326 1,170 1,068
Stage 1 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 427,625 [10] 378,104 [11] 336,533 [12]
Allowance account for credit losses of financial assets 2,424 [10] (2,389) [11] (2,087) [12]
Loans and advances to customers 425,200 [10] 375,715 [11] 334,446 [12]
Stage 1 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 15 (13) (15)
Stage 1 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 2,409 (2,376) (2,072)
Stage 2 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 15,141 [1] 15,637 [2] 22,953 [3]
Allowance account for credit losses of financial assets 602 [1] (631) [2] (714) [3]
Loans and advances to customers 14,539 [1] 15,006 [2] 22,239 [3]
Stage 2 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 6,549 6,147 6,995
Allowance account for credit losses of financial assets 629 (542) (620)
Loans and advances to customers 5,919 5,605 6,375
Stage 2 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 4,866 [4] 5,534 [5] 3,234 [6]
Allowance account for credit losses of financial assets 356 [4] (390) [5] (314) [6]
Loans and advances to customers 4,510 [4] 5,144 [5] 2,920 [6]
Stage 2 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 4,140 [7] 4,431 [8] 4,738 [9]
Allowance account for credit losses of financial assets 299 [7] (283) [8] (377) [9]
Loans and advances to customers 3,841 [7] 4,148 [8] 4,362 [9]
Stage 2 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 31 23 15
Allowance account for credit losses of financial assets 1 (1) (1)
Loans and advances to customers 30 22 14
Stage 2 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 30,727 [10] 31,772 [11] 37,935 [12]
Allowance account for credit losses of financial assets 1,887 [10] (1,847) [11] (2,026) [12]
Loans and advances to customers 28,840 [10] 29,925 [11] 35,909 [12]
Stage 2 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 266 (321) (471)
Stage 2 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,622 (1,526) (1,555)
Stage 3 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 6,633 [1] 7,579 [2] 8,066 [3]
Allowance account for credit losses of financial assets 3,569 [1] (3,510) [2] (3,375) [3]
Loans and advances to customers 3,064 [1] 4,069 [2] 4,690 [3]
Stage 3 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 2,817 2,517 2,472
Allowance account for credit losses of financial assets 1,507 (1,303) (1,332)
Loans and advances to customers 1,310 1,214 1,140
Stage 3 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 2,676 [4] 1,841 [5] 1,719 [6]
Allowance account for credit losses of financial assets 1,478 [4] (1,151) [5] (1,160) [6]
Loans and advances to customers 1,198 [4] 690 [5] 559 [6]
Stage 3 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 2,203 [7] 2,262 [8] 2,176 [9]
Allowance account for credit losses of financial assets 1,423 [7] (1,403) [8] (1,280) [9]
Loans and advances to customers 780 [7] 860 [8] 896 [9]
Stage 3 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 16 12 11
Allowance account for credit losses of financial assets 7 (7) (8)
Loans and advances to customers 9 4 2
Stage 3 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk   14,211 [11] 14,444 [12]
Allowance account for credit losses of financial assets 7,985 [10] (7,374) [11] (7,156) [12]
Loans and advances to customers 6,361 [10] 6,837 [11] 7,287 [12]
Stage 3 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,023 (1,197) (1,179)
Stage 3 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets € 6,962 € (6,177) € (5,977)
[1] (1) Spain includes all countries where BBVA, S.A. operates.
[2]
(1) Spain includes all countries where BBVA, S.A. operates.
[3] (1) Spain includes all countries where BBVA, S.A. operates.
[4]
(2) Turkey includes all countries in which Garanti BBVA operates.
[5]
(2) Turkey includes all countries in which Garanti BBVA operates.
[6]
(2) Turkey includes all countries in which Garanti BBVA operates.
[7]
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[8]
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[9]
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[10]
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2025, the remaining balance was €76 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
[11]
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024 the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
[12]
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2023 the remaining balance was €142 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.