Recent News
November 2025 buyback activity accelerated as the bank executed material share repurchases across mid-November, representing a sizable portion of the announced program; regulators and markets noted the bank’s resumed capital returns. February 5, 2026 corporate announcements set the cadence for investor communication and clarified capital-return intentions tied to the 2025 results.
Technical Analysis
Directional indicators show a strong trend context: ADX at 38.94 indicates a strong directional market; DI+ at 35.71 decreasing signals waning positive directional pressure, while DI- showing a dip-and-reversal indicates renewed negative directional pressure—together these point to growing directional strength but with bearish bias relative to recent valuation-driven gains.
Momentum measures confirm the shift: MACD at 0.51 has peaked and reversed and sits below its signal line (MACD signal 0.64), signaling declining bullish momentum and a bearish momentum posture for the near term.
Regression-based MRO reads +28.71 and is decreasing, indicating price trades above the model target with downside potential as momentum softens; the decreasing MRO reduces the scale of upside pressure implied by the oscillator.
RSI at 59.81 and falling indicates removal of short-term overbought pressure without reaching oversold territory; this supports a consolidation / controlled pullback outlook rather than a sharp reversal.
Price relationships show short-term weakness versus moving averages: last close $23.20 sits below the 20-day average $25.09 and marginally below the 50-day average $23.46, while remaining comfortably above the 200-day average $18.79—this pattern implies short-to-intermediate consolidation above the long-term trend line.
Bollinger band placement places the close beneath the 1x lower band level quoted, consistent with short-term vulnerability; volume of 5,530,778 versus a 10-day average of 2,058,724 and a 200-day average of 1,690,892 shows elevated trading activity accompanying the pause, increasing the likelihood of a decisive move once momentum re-accelerates.
Fundamental Analysis
Earnings and profitability: last reported EPS $0.50 versus an estimate $0.51, an EPS surprise of -1.96%; forward EPS $0.51975 implies a forward P/E of 44.21x versus a trailing P/E of 37.75x, reflecting modest near-term earnings growth expectations and elevated forward multiple compression relative to trailing earnings.
Revenue and growth: reported total revenue $9,777,800,000 and revenue per share $1.69896. Revenue growth (reported label) reads 12.26%; reported revenue growth year-over-year converts to -187.27% per the supplied YoY figure; quarter-to-quarter revenue shows a -197.43% change per the supplied QoQ figure. Earnings growth shows +28.31% year-over-year with a QoQ reading of -292.43% per supplied values. Use these mixed pace signals together with margin and cash metrics when assessing near-term fundamental momentum.
Capital structure and liquidity: total assets $813,063,000,000, total equity $57,643,000,000, and cash $66,001,000,000. Debt-to-equity stands at 1.45893 and debt-to-assets at 10.343%; cost of debt about 7.172%. Tangible book value per share (book value) $10.02 supports a current P/B of 1.85x, which sits above the industry peer mean of 0.879 and above the industry peer median of 1.071, and falls within the peer range low $0.00041 to high $2.69728.
Cash generation and returns: operating cash flow $17,170,000,000, free cash flow $16,751,000,000, and free cash flow yield 15.73%, materially above the industry peer mean free cash flow yield of 6.822%; free cash flow to net income shows 661.83%, underscoring strong conversion of reported earnings into cash. Return on equity 4.391% and return on assets 0.318%; ROE sits slightly below the industry peer mean of 4.706% when compared to the provided peer mean.
Valuation: WMDST values the stock as under-valued. That view aligns with high free cash flow yield, robust cash balances, and active capital returns (buybacks and elevated dividend announcements), while elevated multiples (forward P/E ~44x, trailing P/E ~37.8x) and mixed near-term growth metrics justify patience for fundamental confirmation.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-09-30 |
| REPORT DATE: | 2026-02-05 |
| NEXT REPORT DATE: | 2026-05-07 |
| CASH FLOW | Begin Period Cash Flow | $ 40.0 B |
| Operating Cash Flow | $ 17.2 B | |
| Capital Expenditures | $ -419.00 M | |
| Change In Working Capital | $ 13.5 B | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 17.1 B | |
| End Period Cash Flow | $ 57.1 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 9.8 B | |
| Forward Revenue | $ 2.9 B | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 236.0 M | |
| Depreciation and Amortization | $ 379.0 M | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | $ 14.8 B | |
| Interest Expense | $ 8.1 B | |
| Net Interest Income | $ 6.6 B | |
| Income Before Tax | $ 3.9 B | |
| Tax Provision | $ 1.2 B | |
| Tax Rate | 31.179 % | |
| Net Income | $ 2.5 B | |
| Net Income From Continuing Operations | $ 2.7 B | |
| EARNINGS | ||
| EPS Estimate | $ 0.51 | |
| EPS Actual | $ 0.50 | |
| EPS Difference | $ -0.01 | |
| EPS Surprise | -1.961 % | |
| Forward EPS | $ 0.52 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 813.1 B | |
| Intangible Assets | $ 2.7 B | |
| Net Tangible Assets | $ 55.0 B | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | $ 66.0 B | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | $ 16.7 B | |
| Total Debt | $ 84.1 B | |
| Total Liabilities | $ 751.3 B | |
| EQUITY | ||
| Total Equity | $ 57.6 B | |
| Retained Earnings | $ 54.4 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 10.02 | |
| Shares Outstanding | 5.755 B | |
| Revenue Per-Share | $ 1.70 | |
| VALUATION | Market Capitalization | $ 106.5 B |
| Enterprise Value | $ 190.6 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 19.489 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 14.105 | |
| Asset To Liability | 1.082 | |
| Debt To Capital | 0.593 | |
| Debt To Assets | 0.103 | |
| Debt To Assets QoQ | 11.925 % | |
| Debt To Assets YoY | 18.192 % | |
| Debt To Assets IPRWA | high: 0.253 mean: 0.173 median: 0.168 BBVA: 0.103 low: 0.006 |
|
| Debt To Equity | 1.459 | |
| Debt To Equity QoQ | 15.467 % | |
| Debt To Equity YoY | 14.61 % | |
| Debt To Equity IPRWA | high: 4.219 median: 2.449 mean: 2.228 BBVA: 1.459 low: 0.06 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.847 | |
| Price To Book QoQ | 9.503 % | |
| Price To Book YoY | 68.348 % | |
| Price To Book IPRWA | high: 2.697 BBVA: 1.847 median: 1.071 mean: 0.879 low: 0.0 |
|
| Price To Earnings (P/E) | 37.755 | |
| Price To Earnings QoQ | 34.667 % | |
| Price To Earnings YoY | 79.642 % | |
| Price To Earnings IPRWA | high: 81.671 median: 52.216 mean: 50.211 BBVA: 37.755 low: -0.125 |
|
| PE/G Ratio | -5.003 | |
| Price To Sales (P/S) | 10.889 | |
| Price To Sales QoQ | -1.059 % | |
| Price To Sales YoY | 63.571 % | |
| Price To Sales IPRWA | high: 26.376 BBVA: 10.889 median: 7.39 mean: 6.534 low: 0.005 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 44.212 | |
| Forward PE/G | -5.858 | |
| Forward P/S | 47.886 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.012 | |
| Asset Turnover Ratio QoQ | 9.431 % | |
| Asset Turnover Ratio YoY | 7.895 % | |
| Asset Turnover Ratio IPRWA | high: 0.024 BBVA: 0.012 mean: 0.01 median: 0.01 low: 0.004 |
|
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 60.417 median: 29.484 mean: 29.061 low: 10.398 BBVA: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | -0.043 | |
| CapEx To Depreciation | -1.775 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 140.3 B | |
| Net Invested Capital | $ 140.3 B | |
| Invested Capital | $ 140.3 B | |
| Net Tangible Assets | $ 55.0 B | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 7.172 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 4.645 % | |
| Revenue Growth | 12.262 % | |
| Revenue Growth QoQ | -197.433 % | |
| Revenue Growth YoY | -187.274 % | |
| Revenue Growth IPRWA | high: 15.791 % BBVA: 12.262 % median: -5.459 % mean: -7.2 % low: -14.145 % |
|
| Earnings Growth | -7.547 % | |
| Earnings Growth QoQ | -292.427 % | |
| Earnings Growth YoY | 28.307 % | |
| Earnings Growth IPRWA | high: 39.326 % BBVA: -7.547 % mean: -8.087 % median: -16.667 % low: -61.932 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 16.8 B | |
| Free Cash Flow Yield | 15.733 % | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | 317.986 % | |
| Free Cash Flow Yield IPRWA | BBVA: 15.733 % high: 15.275 % mean: 6.822 % median: 6.127 % low: -0.474 % |
|
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | 6.618 | |
| Cash Flow Margin | 29.761 % | |
| Cash Flow To Earnings | 1.15 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.05 | |
| Return On Assets (ROA) | 0.318 % | |
| Return On Assets QoQ | -10.423 % | |
| Return On Assets YoY | -7.558 % | |
| Return On Assets IPRWA | high: 0.582 % mean: 0.378 % median: 0.368 % BBVA: 0.318 % low: 0.079 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | 0.044 | |
| Return On Equity QoQ | -9.221 % | |
| Return On Equity YoY | -11.597 % | |
| Return On Equity IPRWA | high: 0.054 median: 0.052 mean: 0.047 BBVA: 0.044 low: -0.007 |
|
| DuPont ROE | 4.422 % | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |