Banco Bilbao Vizcaya Argentaria S.A. Increases Allstate Holdings

The Spanish bank boosts its stake in the U.S. insurance provider by 72.8% in Q3 2025.

Mar. 16, 2026 at 8:19am

Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish financial group, increased its holdings in The Allstate Corporation (NYSE:ALL) by 72.8% in the third quarter of 2025, according to a recent 13F filing with the U.S. Securities and Exchange Commission. BBVA now owns 75,113 shares of the insurance provider's stock, valued at $16.12 million.

Why it matters

The increase in BBVA's Allstate holdings reflects the bank's confidence in the insurance company's performance and growth potential. As one of the largest personal lines property and casualty insurers in the United States, Allstate's financial stability and market position make it an attractive investment for institutional investors like BBVA.

The details

According to the 13F filing, BBVA added 31,636 shares of Allstate to its portfolio during the third quarter of 2025, bringing its total holdings to 75,113 shares. The bank's investment in Allstate is now valued at $16.12 million, up from $9.33 million in the previous quarter.

  • BBVA filed its 13F report for the third quarter of 2025 on March 16, 2026.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish financial group and one of the largest banks in Europe.

The Allstate Corporation

A U.S. insurance provider and one of the largest personal lines property and casualty insurers in the country.

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The takeaway

BBVA's increased stake in Allstate reflects the bank's confidence in the insurance company's long-term growth prospects. This investment highlights the appeal of Allstate's diversified product offerings and strong market position within the U.S. insurance industry.