Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001193125-25-169879
Chunk: 13

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 13
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 at around 10% Net Proﬁt will stand growth, outperforming the somewhat below €1 NII: growth at high single digit, market billion ROTE below activity NII: slightly positive growth CoR: around 180 bps Expenses: high single digit % Fees: low to mid single digit growth. Efﬁciency at FY24 around 20 growth, subject to market levels SOUTH AMERICA performance CoR: below 350 bps EFFICIENCY RATIO CoR: below 250 bps Expenses: low single digit decline. Efﬁciency at 33% % below 40 CoR below 35 bps Around 13 billion euros expected to be available 2 for distribution in the short term (1) Mexico guidance in constant €. p. 21 p. 21 (2) Pending approval from the governing bodies and subject to mandatory regulatory approvals.

2Q25 EARNINGS Takeaways Outstanding shareholder value Another superb quarter in proﬁt and capital generation creation and proﬁtability metrics Strong core revenues evolution on the Industry leading efﬁciency levels back of activity growth, fully absorbing with clear focus on costs the declining rates in larger markets Continued growth of the underlying Exceptional CET1 capital evolution in franchise with record new customer the quarter with more to come in 2H25 additions and sustainability volumes p. 22

Medium-Term Strategic Objectives

2Q25 EARNINGS MEDIUM - TERM STRA TEGIC OBJECTIVES Our new strategic priorities will strengthen our leadership position Embed a Radical Scale up All Strengthen Client Enterprise Our Empathy, Perspective Segments Succeed as a in All We Do Winning Team Promote a Boost Value and Unlock the Sustainability Capital Potential of as a Growth Creation AI and Engine Mindset Innovation p. 24

MEDIUM - TERM STRA 2Q25 EARNINGS TEGIC OBJECTIVES Main macro assumptions Relative stability around economic growth and inﬂation Global / Nominal credit growth for the industry slightly above GDP growth General In lower-inﬂation geographies, interest rates reach bottom in 2025-26 Depreciation of currencies moderating aligned with inﬂation Economic growth comes down slightly but remains sound, leading to solid activity Spain growth Annual GDP growth recovers but still stays below 2% in 2026-2028 Mexico Gradual decline of inﬂation and interest rates throughout the period Turkey & Argentina Both are expected to exit hyperin�