Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 44

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 44
---
 |    100.6 |
| Provisions or reversal of provisions and other results                                                                                  |     |                                         |     |    -13 |      |     |     98 | n.m. (3) |
| Operating profit / (loss) before tax                                                                                                    |     |                                         |     |  1,445 |      |     |  1,223 |     18.1 |
| Tax expense or income related to profit or loss from continuing operations                                                              |     |                                         |     |   -674 |      |     |   -709 |     -4.9 |
| Profit                                                                                                                                  |     |                                         |     |    771 |      |     |    515 |     49.8 |
| Profit attributable to non-controlling interests                                                                                        |     |                                         |     |   -123 |      |     |    -81 |     50.7 |
| Profit attributable to parent company                                                                                                   |     |                                         |     |    648 |      |     |    433 |     49.6 |

(1) Includes “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net”, “Gains (losses) from hedge accounting, net” and “Exchange differences, net”.

(2) “Net margin before provisions” is calculated as “Gross income” less “Administration costs” and “Depreciation and amortization”.

(3) Not meaningful.

As of September 30, 2025, the Turkish lira depreciated by 21.6% against the euro compared to September 30, 2024, adversely affecting the results of operations of the Turkey operating segment for the nine months ended September 30, 2025 expressed in euros (as the period-end exchange rates of the Turkish lira are used to convert income statement items pursuant to IAS 21 for the nine months ended September 30, 2025 and 2024, respectively). See “ ―Factors Affecting the Comparability of our Results of Operations and Financial Condition―Trends in Exchange Rates ”.

Since the first half of