Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000023
Chunk: 37

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 37
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 assets not measured at fair value through profit or loss or net gains by modification of this operating segment for the three months ended March 31, 2025 amounted to a €139 million expense, a 15.7% decrease compared with the €164 million expense recorded for the three months ended March 31, 2024, mainly due to lower credit impairment requirements in the retail loan portfolio.

### Provisions or reversal of provisions and other results
Provisions or reversal of provisions and other results of this operating segment for the three months ended March 31, 2025 was a €26 million expense, a 16.8% decrease compared with the €31 million expense recorded for the three months ended March 31, 2024, mainly due to certain gains on the sale of non-current assets and disposal groups classified as held for sale.

#### Operating profit / (loss) before tax
As a result of the foregoing, operating profit before tax of this operating segment for the three months ended March 31, 2025 was €1,553 million, a 37.4% increase compared with the €1,130 million profit recorded for the three months ended March 31, 2024.

Tax expense or income related to profit or loss from continuing operations

Tax expense related to profit from continuing operations of this operating segment for the three months ended March 31, 2025 was an expense of €528 million, a 26.4% increase compared with the €417 million expense recorded for the three months ended March 31, 2024, mainly as a result of the higher operating profit before tax recorded for the three months ended March 31, 2025 and the expense recorded in connection with the quarterly accrual of the new tax on the interest margin and commissions of certain financial entities, for an estimated amount of €85 million, for the three months ended March 31, 2025. See “ Item 4. Information on the Company—Business Overview—Supervision and Regulation—Principal Markets—Spain—Temporary Tax on Credit Institutions in Spain ” in our 2024 Form 20-F.

#### Profit attributable to parent company
As a result of the foregoing, profit attributable to parent company of this operating segment for the three months ended March 31, 2025 amounted to € 1,024 million, a 43.8% increase compared with the €712 million profit recorded for the three months ended March 31, 2024.

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