Banco Bilbao Vizcaya Argentaria S.A. Boosts Comcast Corporation Stake

Spanish banking giant increases its position in the cable and media company

Mar. 16, 2026 at 8:19am

Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish financial institution, has increased its stake in Comcast Corporation (NASDAQ: CMCSA) by 5.3% during the third quarter, according to a recent SEC filing. BBVA now owns 708,555 shares of the cable giant's stock, valued at $22,265,000 at the end of the reporting period.

Why it matters

Comcast is one of the largest media and communications companies in the world, with a diverse portfolio of cable, internet, and entertainment assets. BBVA's increased investment in Comcast signals the Spanish bank's confidence in the company's long-term growth prospects, despite recent market volatility.

The details

According to the SEC filing, BBVA purchased an additional 35,495 shares of Comcast during the third quarter, bringing its total position to 708,555 shares. This represents a 5.3% increase in BBVA's stake in the company. Comcast's stock has seen some fluctuations in recent months, with the share price ranging from a low of $25.75 to a high of $37.72 over the past year.

  • BBVA filed the SEC report on March 16, 2026, detailing its Comcast holdings as of the end of the third quarter.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish financial institution and one of the largest banks in Europe, with a presence in several countries around the world.

Comcast Corporation

A diversified global media and technology company headquartered in Philadelphia, Pennsylvania, with a focus on cable, internet, and entertainment services.

Got photos? Submit your photos here. ›

The takeaway

BBVA's increased investment in Comcast reflects the Spanish bank's confidence in the long-term growth potential of the cable and media giant, despite recent market volatility. This move highlights the continued interest from institutional investors in Comcast's diverse portfolio of assets and its position as a leading player in the rapidly evolving media and communications landscape.