Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001193125-25-257753
Chunk: 6

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 6
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,813 8,966 9,357 p. 9

3Q25 EARNINGS Loan Growth Strength Continues as Guided, Driving Core Revenues Increase TOTAL LOAN GROWTH (YOY, CONSTANT €) BBVA Group 14.3% 16.0% 9.9% TOTAL LOAN GROWTH CORE REVENUES (YOY, CONSTANT €)(CONSTANT €M) +3.6% 2025 Guidance: above mid single+1.4% digit growth +7.8% +1.5% Sep-24Sep-253Q242Q253Q25+6.9% 2025 Guidance:+3.2% around 10% growth +12.3%+9.8% Sep-24Sep-253Q242Q253Q25p. 10

3Q25 EARNINGS Interest Rates are Around their Terminal Level Leading to Relative Spread Stability Going Forward INTEREST RATES AND CUSTOMER SPREAD EVOLUTION (%) OFFICIAL INTEREST RATES (%) 4.0 Expected c.2% Terminal Rate ECB Deposit Spain facility rate 2.0 Euribor 12M Euribor 3M Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25Expected c.6.5% 11.25 Terminal Rate Banxico Mexico Policy rate 7.50 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25Note: Terminal interest rates expectations by BBVA Research BBVA CUSTOMER SPREADS (%) 3.42 2.88 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 11.67 11.05 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 p. 11

3Q25 EARNINGS Positive Jaws and Leading Efficiency Ratio POSITIVE JAWS (9M25 YOY, CONSTANT €) FOOTPRINT INFLATION1 11.4% +16.2% 12M AVERAGE +11.0% Gross Operating Income Expenses EFFICIENCY RATIO (COST-TO-INCOME,% CONSTANT €) -178bps 40.0 38.2 9M24 9M