Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 49

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 49
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 result of increased activity volumes and appropriate price management. By countries, growth in the New York branch stood out. – Net fees and commissions increased by 57.5%, particularly from issuance activity in the primary debt market and relevant operations in project finance and corporate loans. – The NTI grew by 7.6% supported by the strong performance of Global Markets in New York, especially in the equity, interest rates and credit brokerage business. – Increase in operating expenses of 25.5%, with growth mainly in the United States and in Europe due to new hires and investment in strategic projects. – The impairment on financial assets line at the end of June 2025 recorded a balance of €-37m, figure which places below the same period of the previous year, mainly originated in the lower provisions in Europe. In the second quarter of 2025 and excluding the effect of the exchange rates fluctuations, the Group's Rest of Businesses as a whole generated a net attributable profit of € 138 m, 16.9% below to the previous quarter. In the quarterly evolution, the good performance of recurring income was offset by a lower NTI. On the other hand, growth in expenses associated with strategic plans.

Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish -language version prevails.

| January - June 2025Report - p.55 |

Corporate Center

| FINANCIAL STATEMENTS (MILLIONS OF EUROS AND PERCENTAGE)                          |      |       |          |
| Income statement                                                                 | 1H25 |   ∆ % | 1H24 ⁽¹⁾ |
| Net interest income                                                              | -199 |  14.5 |     -174 |
| Net fees and commissions                                                         |  -62 |  57.7 |      -40 |
| Net trading income                                                               |  -85 |  68.5 |      -50 |
| Other operating income and expenses                                              |   62 |  n.s. |      -10 |
| Gross income                                                                     | -285 |   3.8 |     -274 |
| Operating expenses                                                               | -298 | -16.2 |     -356 |
| Personnel expenses                                                               | -407 |  10.0 |     -370 |
| Other administrative expenses                                                    |  216 |  78.2 |      121 |
| Depreciation                                                                     | -107 |   0.1 |     -107 |
| Operating income