Company: BBVXF
Filing Date: 2025-02-21
Form Type: 20-F
Source: 0000842180-25-000010
Chunk: 148

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-21
Form: 20-F
Item: Item 5
Chunk 148
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 ratio established by the CBRT (see “Item 4. Information on the Company―Business Overview—Supervision and Regulation—Principal Markets—Turkey”).
Dividend income
Dividend income for the year ended December 31, 2023 amounted to €118 million, a 4.2% decrease compared with the €123 million recorded for the year ended December 31, 2022, mainly as a result of lower dividend income in Spain, particularly in connection with the non-trading portfolio.
Share of profit or loss of entities accounted for using the equity method
Share of profit or loss of entities accounted for using the equity method for the year ended December 31, 2023 amounted to income of €26 million compared with the income of €21 million recorded for the year ended December 31, 2022.
Fee and commission income
The table below provides a breakdown of fee and commission income for the years ended December 31, 2023 and 2022:

                                                                   Year ended December 31,               
2023                                                                                  2022         Change
                                                                    (In Millions of Euros)         (In %)
Bills receivables                                                     24                26          (7.4)
Demand accounts                                                      300               424         (29.3)
Credit and debit cards and POS                                     4,665             3,499           33.3
Checks                                                               175               162            8.3
Transfers and other payment orders                                   862               812            6.2
Insurance product commissions                                        384               261           47.4
Loan commitments given                                               307               259           18.4
Other commitments and financial guarantees given                     471               420           12.0
Asset management                                                   1,407             1,228           14.5
Securities fees                                                      345               266           29.9
Custody securities                                                   207               193            7.4
Other fees and commissions                                           751               711            5.7
Fee and commission income                                          9,899             8,260           19.8
Fee and commission income increased by 19.8% to €9,899 million for the year ended December 31, 2023 from the €8,260 million recorded for the year ended December 31, 2022, primarily due to the increased volume of transactions in the main countries where the BBVA