Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047351
Chunk: 47

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 47
---
.7%, with growth in the retail portfolio (+3.2%) and stability in the wholesale portfolio (+0.5%). Regarding the asset quality indicators, the NPL ratio was lower than at the end of June 2025 (-29 basis points) placing at 4.0%, where ongoing strong recovery performance and management of non-performing loans during the quarter continue. The coverage ratio was 99%, representing an increase of 716 basis points compared to the end of June, driven by the reduction in non-performing loans and the effect of the annual review of risk model parameters. – Customers funds under management increased during the first nine months of 2025 (+2.0%), thanks to the favorable performance of demand deposits (+5.9%) and off-balance sheet funds (+23.9%). – BBVA Peru's cumulative attributable profit stood at the end of September 2025 at €227m, which represents a year-on- year increase of 31.0 % at current exchange rates, originated in lower provisions for impairment on financial assets, which were significantly lower than in the same period of 2024 (-36.7% at current exchange rates) due, among other factors, to a lower requirement for retail products as a result of the improved asset quality of the portfolio in the last quarters. The net attributable profit of the quarter stood at € 71 m, which is a variation of -2.1 % compared to the previous quarter, at current exchange rates, mainly as a result of the loan-loss provisions made in the quarter, originated in the annual review of the risk model parameters. Thus, the cumulative cost of risk at the end of September 2025 stood at 1.77%, +24 basis points above the cumulative cost of risk at the end of June, although it is still below the cumulative cost of risk at the end of 2024. This development was partially offset by the strong performance of recurring revenue from the banking business.

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

| January - September 2025Report - p.52 |

Rest of Business Highlights for the period January - September 2025 – Dynamism of lending activity in all geographical areas in the first nine months of 2025 – Outstanding evolution of fees – Positive behavior of risk indicators – Highest attributable profit within the quarterly series since 2024

| BUSINESS ACTIVITY ⁽¹⁾ (VARIATION AT CONSTANTEXCHANGE RATES COMP