The BBVA share
The main stock market indexes performed positively during 2019. In Europe, the Stoxx Europe 600 index increased by 23.2% in year-on-year terms, with a 5.8% increase in the fourth quarter. In Spain, the rise of the Ibex 35 during 2019 was more moderate (up 11.8% in 2019 and up 3.3 in the fourth quarter). In the United States, the growth rates remain as observed throughout the year and the S&P 500 rose 28.9% in 2019.
With regard to the banking sector indexes, particularly in Europe, its performance was worse than the general market indexes despite the good performance in the fourth quarter. The Stoxx Europe 600 Banks index, which includes banks in the United Kingdom, and thebanks index for the Eurozone, the Euro Stoxx Banks, revalued by 8.6% and 11.1%, respectively in 2019. In the United States, the S&P Regional Banks Select Industry Index, on the other hand, increased 24.2% compared to the close of the 2018 financial year.
For its part, the BBVA share price increased by 7.5% during the year, up 4.2% in the fourth quarter, and closing December 2019 at €4.98.
BBVA share evolution compared with European indices (Base indice 100=31-12-18)
BBVA
Stoxx Europe 600
Stoxx Banks
The BBVA share and share performance ratios
| 31-12-19 | 31-12-18 | |
|---|---|---|
| Number of shareholders | 874,148 | 902,708 |
| Number of shares issued | 6,667,886,580 | 6,667,886,580 |
| Daily average number of shares traded | 30,705,133 | 35,909,997 |
| Daily average trading (millions of euros) | 153 | 213 |
| Maximum price (euros) | 5.68 | 7.73 |
| Minimum price (euros) | 4.19 | 4.48 |
| Closing price (euros) | 4.98 | 4.64 |
| Book value per share (euros) | 7.32 | 7.12 |
| Tangible book value per share (euros) | 6.27 | 5.86 |
| Market capitalization (millions of euros) | 33,226 | 30,909 |
| Yield (dividend/price; %) (1) | 5.2 | 5.4 |
- (1) Calculated by dividing shareholder remuneration over the last twelve months by the closing price of the period.
Regarding shareholder remuneration, on October 15 BBVA paid a cash interim dividend of €0.10 (gross) per share on account of the 2019 dividend. A cash payment in a gross amount of €0.16 per share, to be paid in April 2020 as final dividend for 2019, is expected to be proposed for the consideration of the competent governing bodies. Therefore, total shareholder remuneration in 2019 stands at €0.26 (gross) per share. This payment is consistent with the shareholder remuneration policy announced by Relevant Event of February 1, 2017.
Shareholder remuneration
(Euros per share)
As of December 31, 2019, the number of BBVA shares remained at 6.668 billion, held by 874,148 shareholders, of which 43.40% are Spanish residents and the remaining 56.60% are non-residents.
Shareholder structure (31-12-19)
| Numbers of shares | Shareholders | Shares | ||
|---|---|---|---|---|
| Number | % | Number | % | |
| Up to 150 | 172,992 | 19.8 | 12,164,060 | 0.2 |
| 151 to 450 | 174,299 | 19.9 | 47,783,471 | 0.7 |
| 451 to 1,800 | 274,137 | 31.4 | 268,797,845 | 4.0 |
| 1,801 to 4,500 | 133,283 | 15.2 | 379,651,861 | 5.7 |
| 4,501 to 9,000 | 61,967 | 7.1 | 390,206,201 | 5.9 |
| 9,001 to 45,000 | 51,300 | 5.9 | 888,557,789 | 13.3 |
| More than 45,001 | 6,170 | 0.7 | 4,680,725,353 | 70.2 |
| Total | 874,148 | 100.0 | 6,667,886,580 | 100.0 |
BBVA shares are included on the main stock market indexes, including the Ibex 35, and the Stoxx Europe 600 index, with a weighting of 6.7% and 0.4%, respectively at the closing of December of 2019. They are also included on several sector indexes, including Stoxx Europe 600 Banks, which includes the United Kingdom, with a weighting of 3.8% and the Euro Stoxx Banks index for the eurozone with a weighting of 7.9%.
Finally, BBVA maintains a significant presence on a number of international sustainability indexes or Environmental, Social and Governance (ESG) indexes, which evaluates companies' performance in these areas. In September, BBVA continued to be included in the Dow Jones Sustainability Index (DJSI), the markets leading benchmark index, which measures the economic, environmental and social performance of the most valuables companies by market capitalization of the world (in the DJSI World and DJSI Europe), achieving the highest score in financial inclusion and occupational health and safety and the highest score in climate strategy, environmental reporting and corporate citizenship and philanthropy.
Main sustainability indices on which BBVA is listed as of 31-12-19
AAA Rating
Listed on the FTSE4Good Global Index Series
Listed on the Euronext Vigeo Eurozone 120 and Europe 120 indices
Listed on the Ethibel Sustainability Excellence Europe and Eithebel Sustainability Excellence Global indices
Listed on the Bloomberg Gender-Equality Index
In 2019, BBVA obtained a “A-” rating
(1)The inclusion of BBVA in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of BBVA by MSCI or any of its affiliates. The MSCI indices are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.