Company Profile
BBVA USA Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA USA, operates 637 branches, including 328 in Texas, 88 in Alabama, 63 in Arizona, 61 in California, 43 in Florida, 37 in Colorado and 17 in New Mexico. BBVA USA ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th).
BBVA USA is one of the leading small business lenders in the United States, ranking 14th nationally in the dollar volume of SBA 7(a) loans originated in fiscal year 2019. BBVA USA was recently recognized by Global Finance magazine as one of the World's Best Corporate/Institutional Digital Banks in North America, naming the bank a winner in the subcategories of Best Mobile Adaptive Site and Best Mobile Banking App. Additional information about BBVA USA can be found under the Investor Relations tab at bbvausa.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvausa.com.
BBVA USA Bancshares Inc., is a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market and is the largest financial institution in Mexico. It has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey’s BBVA Garanti. BBVA’s purpose is to bring the age of opportunities to everyone, based on our customers’ real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. BBVA’s responsible banking model aspires to achieve a more inclusive and sustainable society.
More information about the BBVA Group can be found at bbva.com.
The table below illustrates certain BBVA USA deposit and branch information by state based on the most recent FDIC Summary of Deposits data as of June 30, 2020:
State |
Ranking |
Number of Branches |
Total Deposits |
Deposit Market Share |
Texas |
4th |
328 |
44,240,950 |
4.52% |
Alabama |
2nd |
89 |
20,662,833 |
15.97% |
Arizona |
5th |
63 |
6,290,192 |
3.66% |
California |
30th |
61 |
4,989,706 |
0.28% |
Florida |
21st |
43 |
5,675,626 |
0.83% |
Colorado |
14th |
37 |
2,799,599 |
1.63% |
New Mexico |
11th |
17 |
1,081,787 |
2.81% |
Source: S&P Global Market Intelligence data based on FDIC Summary of Deposits