Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 13

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 13
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 presented in this report, the impact of changes in the exchange rates against the euro of the currencies of the countries in which BBVA operates is sometimes excluded, assuming that exchange rates remain constant. For this purpose, the average exchange rate of the currency of each geographical area of the most recent period is used for both periods, except for those countries whose economies have been considered hyperinflationary, for which the closing exchange rate of the most recent period is used. The accumulated net interest income as of June 30, 2025 exceeded that recorded in the same period of the previous year ( +9.7 %), mainly driven by the evolution in Turkey and, to a lesser extent, by Mexico, followed by the contribution of Rest of Business and Spain. Likewise, net fees and commissions experienced a year-on-year growth of 17.9 %, once again supported by the performance of fees from payment methods and, to a lesser extent, asset management fees and commissions. Among the business areas, Turkey made an outstanding contribution in this line, well above the other business areas.

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

| January - June 2025Report - p.14 |

As a result, overall recurring banking business revenues, increased by 11.6 % compared to the first half of 2024.

| NET INTEREST INCOME / AVERAGE TOTALASSETS (PERCENTAGE AT CONSTANTEXCHANGE RATES) |

| NET INTEREST INCOME PLUS NET FEES ANDCOMMISSIONS (MILLIONS OF EUROS ATCONSTANT EXCHANGE RATES) |

| +11.6% | -1 |

| 14,889 |     | 16,617 |

⁽¹⁾ At current exchange rates: -1.3%. The NTI reported a 12.7 % year-on-year decrease at the end of the first half of 2025 , mainly due to the lower results in Turkey. The other operating income and expenses line accumulated, as of June 30, 2025 , a significantly improved result compared to the same period of the previous year. This is due to a lower negative impact in the first half of 2025 derived from the hyperinflation in Argentina and Turkey compared with the same period of the previous year, as well as to the recording in the first quarter of 2024 of the total annual amount of the temporary tax on credit institutions and financial credit establishments for € 285 m