BBVA vs. NWG: Banco Bilbao Vizcaya Argentaria vs. NatWest Stock Comparison

Company Profile

Banco Bilbao Vizcaya Argentaria (BBVA) and NatWest (NWG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both Banco Bilbao Vizcaya Argentaria (BBVA) and NatWest (NWG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Banco Bilbao Vizcaya Argentaria (BBVA) at 19.84% and NatWest (NWG) at 14.58% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

NatWest (NWG) at 36.93% retains a top-quartile share of revenue as profit, ahead of Banco Bilbao Vizcaya Argentaria (BBVA) at 32.62%, which keeps about the industry-typical share.

Neither side reports a meaningful operating margin: for Banco Bilbao Vizcaya Argentaria (BBVA) in Banks and NatWest (NWG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

NatWest (NWG) at 13.35% is around its peer norm for revenue growth, while Banco Bilbao Vizcaya Argentaria (BBVA) at 0.46% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both Banco Bilbao Vizcaya Argentaria (BBVA) at 4.76% and NatWest (NWG) at 26.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Banco Bilbao Vizcaya Argentaria (BBVA) in Banks and NatWest (NWG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Banco Bilbao Vizcaya Argentaria (BBVA) in Banks and NatWest (NWG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Banco Bilbao Vizcaya Argentaria (BBVA) at 3.80% delivers top-quartile income for its industry, while NatWest (NWG) at 2.19% pays a more typical yield — both are credible income propositions, BBVA the richer one.

Both Banco Bilbao Vizcaya Argentaria (BBVA) at 47.61% and NatWest (NWG) at 47.43% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

NatWest (NWG) at 7.84 sits in the cheaper P/E ratio quartile, while Banco Bilbao Vizcaya Argentaria (BBVA) at 10.99 is closer to its industry’s usual earnings multiple — a discount for NWG, though growth and earnings durability still matter.

P/S ratio is set aside for both Banco Bilbao Vizcaya Argentaria (BBVA) in Banks and NatWest (NWG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

NatWest (NWG) at 1.20 is valued about in line with its industry on P/B ratio, while Banco Bilbao Vizcaya Argentaria (BBVA) at 2.12 carries an above-peer premium to book — BBVA is pricier on assets.

Valuation Metrics