Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0001193125-25-016657
Chunk: 14

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 14
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 +39.2% TL Of which: Commercial +23.8% Net Monetary Position (NMP) loss -333 11.9 -17.1 -1,512 -28.6 CPI linkers revenues 249 75.3 17.5 1,164 -3.1 Gross Income 1,374 105.1 45.3 4,212 41.3 Time +39.9% Operating Expenses -731 106.3 55.2 -2,111 50.6 Operating Income 644 103.6 35.6 2,101 33.1 Retail +68.7% Impairment on Financial Assets -193 n.s. 6.8 -526 344.8 Provisions and Other Gains and Losses 67 -246.3 319.4 165 n.s. Demand +35.8% Income Before Tax 517 118.8 67.0 1,741 31.5 2 Income Tax -305 584.5 44.7 -1,014 44.4 2 Lending Cust.Funds Non-controlling Interest -35 14.1 106.4 -116 22.6 (1) FC (foreign currency) evolution excluding FX impact. Net Attributable Proﬁt (reported) 177 10.1 116.0 611 15.9 (2) Performing loans and deposits under management, excluding repos, according to local GAAP. KEY RATIOS ▰ TL loans showed growth in real terms in 4Q, geared towards CUSTOMER SPREAD (%) ASSET QUALITY RATIOS (%) retail segments. FC loan growth focused on export loans. Coverage ▰ NII evolution in 4Q supported by the improvement of the FC customer spread in TL, driven by lower cost of TL deposits. NPL ▰ Continued asset quality normalisation due to higher NPL entries Ratio in retail. ▰ NAP reached 611 Mn€ in FY24 (+c.16% YoY), which includes a TL CoR lower hyperinﬂation adjustment vs a year ago. (YtD) 4Q23 3Q24 4Q24 4Q23 3Q24 4Q24 Note: Inﬂation rate: 6.3% in 4Q24 vs 8.9% in 3Q24 and 44.4%