Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047351
Chunk: 57

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 57
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 same and is calculated in the same way as explained for ROA. Average risk-weighted assets (RWA) are the moving weighted average of the RWA at the end of each month of the period under analysis. Relevance of its use: this ratio is generally used in the banking sector to measure the return obtained on RWA.

| RORWA                          |                              |               |               |               |
|                                |                              | Jan.-Sep.2025 | Jan.-Dec.2024 | Jan.-Sep.2024 |
| Numerator(Millions of euros)   | Profit (loss) for the period |        11,312 |        10,575 |        10,669 |
| Denominator(Millions of euros) | Average RWA                  |       398,720 |       382,487 |       379,741 |
| =                              | RORWA                        |         2.84% |         2.76% |         2.81% |

Efficiency ratio This measures the percentage of gross income consumed by an entity's operating expenses. It is calculated as follows:

| Operating expenses |
| Gross income       |

Explanation of the formula: both "Operating expenses" and "Gross income" are taken from the Group’s consolidated income statement. Operating expenses are the sum of the administration costs (personnel expenses plus other administrative expenses) plus depreciation. Gross income is the sum of net interest income, net fees and commissions, net trading income dividend income, share of profit or loss of entities accounted for using the equity method, other operating income and expenses, and income from assets and expenses from liabilities under insurance and reinsurance contracts. For a more detailed calculation of this ratio, the graphs on "Results" section of this report should be consulted, one of them with calculations with figures at current exchange rates and another with the data at constant exchange rates.

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

| January - September 2025Report - p.64 |

Relevance of its use: this ratio is generally used in the banking sector.

| EFFICIENCY RATIO               |   |                    |               |               |               |
|                                |   |                    | Jan.-Sep.2025 | Jan.-Dec.2024 | Jan.-Sep.2024 |
| Numerator(Millions of euros)   | + | Operating expenses |        10,360 |        14,193 |