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BBVA USA

@bbvausa.com

BBVA USA provides banking services.

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BBVA USA is a subsidiary of Banco Bilbao Vizcaya Argentaria (BBVA), a Spanish financial group. With its headquarters in Houston, Texas, BBVA USA has a rich history spanning over a century. BBVA USA's origins can be traced back to 1964 when it opened its first branch in New York City.


Over the years, the bank embarked on an expansion strategy, acquiring several regional banks to strengthen its presence in the United States. In 2004, BBVA acquired Compass Bancshares, which was followed by a rebranding process, resulting in the formation of BBVA Compass. This acquisition marked a significant milestone in the bank's history by creating a leading regional financial institution in the Sunbelt region of the United States.


In 2019, BBVA Compass rebranded as BBVA USA, further aligning its operations with its global parent company. BBVA USA offers a wide range of financial products and services to its customers. These include checking and savings accounts, loans and mortgages, credit cards, wealth management services, insurance products, and online banking.


The bank also provides commercial and small business banking services, catering to the needs of corporate clients. On a global scale, BBVA has a strong presence with operations in over 30 countries. The bank operates through a network of subsidiaries, joint ventures, and partnerships, enabling it to serve millions of customers worldwide.


Notable subsidiaries include BBVA Mexico, BBVA Colombia, and BBVA Continental in Peru. It has also established joint ventures with leading companies in the financial technology space, such as Atom Bank in the United Kingdom and Holvi in Finland. With its strong market position, BBVA USA is recognized as one of the top financial institutions in the United States.


In terms of global sales, BBVA USA's parent company, BBVA, reported a net profit of €3. 51 billion in 2020. In a highly competitive landscape, BBVA USA differentiates itself by emphasizing innovative digital banking solutions, enabling customers to conveniently access and manage their finances.


In recent years, BBVA USA has made significant strides in its digital transformation journey. The bank has introduced various initiatives and enhancements to its digital platform, providing customers with a seamless banking experience. BBVA USA has also been recognized for its commitment to sustainability and social responsibility, implementing initiatives to promote financial education and inclusion.


In summary, BBVA USA is a leading financial institution in the United States, offering a wide range of banking and financial services. With a global presence and a focus on digital innovation, the bank is well-positioned to meet the evolving needs of its customers in an increasingly digital world

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Company Type

Public Company

Company Size

10,001+

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