BBVA top executives see pay dip after failed Sabadell takeover bid
BBVA chairman Carlos Torres and CEO Onur Genc saw their 2025 pay drop three percent. The bank cited unmet short-term targets despite reporting record profits.
Insights:
Banco Bilbao Vizcaya Argentaria, S.A. published its annual remuneration report today, revealing that total compensation for its top two executives fell by approximately 3% in 2025. The report, which was released alongside the bank's comprehensive financial disclosures in Spain 
ES, indicates that the reduction was driven by the fact that some short-term incentives were not met during the year.
ES, indicates that the reduction was driven by the fact that some short-term incentives were not met during the year.The document specifies that Executive Chairman Carlos Torres received a total of €8.108 million in remuneration, while CEO Onur Genc received €6.97 million. These pay figures were finalized by the BBVA board following a year characterized by significant corporate developments and the publication of the bank's new strategic targets for the 2025–2028 period.
