Banco Bilbao Vizcaya ArgentariaHAM:BOY -0.14%72 Pretax Margin % is 44.33% as of Mar. 2026, which is 39% above its 10-year median of 31.80. GuruFocus rates HAM:BOY with a GF Score™ of 72/100 and a GF Value™ of €12.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,530 Banks companies, Banco Bilbao Vizcaya Argentaria ranks better than 67.91% on this metric.
The historical rank and industry rank for Banco Bilbao Vizcaya Argentaria's Pretax Margin % or its related term are showing as below:
HAM:BOY'
s Pretax Margin % Range Over the Past 10 Years
Min: 23.56 Med: 31.8 Max: 41.98
Current: 41.98
HAM:BOY's Pretax Margin % is ranked better than 67.91% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs HAM:BOY: 41.98
Banco Bilbao Vizcaya Argentaria (HAM:BOY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Banco Bilbao Vizcaya Argentaria Pretax Margin % Related Terms
Banco Bilbao Vizcaya Argentaria Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Banco Bilbao Vizcaya Argentaria Pretax Margin % Chart
HAM:BOY vs JPM, BAC, WFC: Pretax Margin % Comparison
For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Banco Bilbao Vizcaya Argentaria Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Banco Bilbao Vizcaya Argentaria's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Banco Bilbao Vizcaya Argentaria (HAM:BOY) has a Pretax Margin % of 44.33% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Banco Bilbao Vizcaya Argentaria and its competitors. This is 39% above median its historical median of 31.80. Over the past decade, Banco Bilbao Vizcaya Argentaria's Pretax Margin % has ranged from 23.56 to 41.98. According to the industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #491 out of 1530 companies in the Banks industry, placing it in the top 32.1%.
Is Banco Bilbao Vizcaya Argentaria's Pretax Margin % too high?
Banco Bilbao Vizcaya Argentaria's current Pretax Margin % of 44.33% is 39% above median its 10-year median of 31.80. Over the past 10 years, this metric has ranged from a low of 23.56 to a high of 41.98. The Banks industry median Pretax Margin % is 34.72. Banco Bilbao Vizcaya Argentaria's value of 44.33% is 27.7% above this industry median. Based on the distribution chart, Banco Bilbao Vizcaya Argentaria ranks #491 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, Banco Bilbao Vizcaya Argentaria has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Bilbao Vizcaya Argentaria's Pretax Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #491 out of 1530 companies for Pretax Margin %. This puts Banco Bilbao Vizcaya Argentaria in the upper half of its industry. The industry median Pretax Margin % is 34.72. Banco Bilbao Vizcaya Argentaria's value of 44.33% is 27.7% above this benchmark. Historically, Banco Bilbao Vizcaya Argentaria's own Pretax Margin % has ranged from 23.56 to 41.98 over the past decade. While the company's 10-year median is 31.80 vs. the industry median of 34.72, Banco Bilbao Vizcaya Argentaria has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Bilbao Vizcaya Argentaria's current Pretax Margin % of 44.33% is 27.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Banco Bilbao Vizcaya Argentaria and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Bilbao Vizcaya Argentaria's current Pretax Margin % is 44.33%, which is 39% above median its own 10-year median of 31.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Bilbao Vizcaya Argentaria stock overvalued right now?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria (HAM:BOY) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.42, compared to a current price of €21.47 — trading 72.9% above its estimated fair value. The current Pretax Margin % is 44.33%, which is 39% above median its 10-year median of 31.80 and 27.7% above the Banks industry median of 34.72. Banco Bilbao Vizcaya Argentaria's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Banco Bilbao Vizcaya Argentaria (HAM:BOY), the current Pretax Margin % is 44.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Banco Bilbao Vizcaya Argentaria (HAM:BOY) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria stock appears to be overvalued.
The current stock price of €21.47 is trading 72.9% above its estimated GF Value™ of €12.42.
GuruFocus considers Banco Bilbao Vizcaya Argentaria to be Significantly Overvalued.
Key valuation signals for HAM:BOY:
Pretax Margin %: 44.33% (39% above median its 10-year median of 31.80)
GF Value™: €12.42 vs. price of €21.47 (72.9% above fair value)
Industry Position: 27.7% above the Banks median (#491 of 1530)
No single metric tells the full story. See the HAM:BOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Bilbao Vizcaya Argentaria Business Description
Despite its Spanish origins, Banco Bilbao Vizcaya Argentaria generates only around one-fourth of its profits in Spain. We expect that on a normalized basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.
72GF Score
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