Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001193125-25-101898
Chunk: 6

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 6
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15

1Q25 Earnings 10 Continuous core revenue growth supported by activity acceleration despite lower rates NET INTEREST INCOME (YOY, €M) CORE REVENUES (YOY, €M) NET FEES (YOY, €M) 3M24 3M25 3M24 3M25 +1.2% Note: Mexico in constant euros. +7.6% 3M24 3M25 3M24 3M25 +6.8% +5.8% SPAIN MEXICO +2.7% +7.3% 3M24 3M25 3M24 3M25 2,139 2,196 1,587 1,6047 55, 590 3,123 3,349 2,572 2,767 551 583

1Q25 Earnings 11 Positive jaws and further improving industry-leading efficiency 3M24 3M25 +28.2% +14.2% Operating Expenses Gross Income POSITIVE JAWS (3M25 YOY, CONSTANT €) EFFICIENCY RATIO (COST-TO-INCOME,% CONSTANT €) (1) Weighted by operating expenses and excluding Venezuela. 38.2 -469bps FOOTPRINT INFLATION1 16.7% 12M AVERAGE 42.9

1Q25 Earnings 12 COST OF RISK (%, YTD) NPL & COVERAGE RATIOS (%) COVERAGE NPL Mar-24 Jun-24 Sep-24 Dec-24 Mar-25Positive asset quality evolution, ahead of expectations so far 1Q24 2Q24 3Q24 4Q24 1Q25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-253M24 6M24 9M24 12M24 3M25 FINANCIAL ASSETS IMPAIRMENTS (CONSTANT €M) NPL (CURRENT €BN) 1,238 1,350 1,429 1,444 1,385 15.7 15.4 15.3 14.8 14.3 1.39% 1.42% 1.43%$ 1.30% 76% 75% 80% 82% 3.4% 3.3% 3.0% 2.