Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 32

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 32
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4 for the first time since 2009 (with the exception of 2020 due to COVID support measures), a trend that has been confirmed in the first months of 2025. Customer deposits grew by 7.5% year-on-year in May 2025, due to a 8.2% increase in demand deposits, and 3.4% in time deposits. The NPL ratio stood at 3.18% in April 2025, 41 basis points lower than in April last year. It should also be noted that the system maintains comfortable levels of solvency and liquidity. Activity The most relevant aspects related to the area's activity during the first half of 2025 were: – Lending balances were 5.2% higher than at the end of December 2024, driven again by the performance of the larger corporate segments (+7.1%), the public sector (+30.0%) and, to a lesser extent, by all consumer credit and credit cards (+3.2%). – Total customer funds grew by 1.3%, with an increase in off-balance sheet funds (mutual and pension funds) of 3.6% and stability in customer deposits, which grew by 0.2%. The most relevant aspects related to the area's activity during the second quarter of 2025 were: – Growth in lending activity of 2.2%, compared to March, driven mainly by loans to the public sector (+23.4%) and with good dynamics in the medium-sized companies portfolio (+3.2%) and in consumer loans (+2.2% together with credit cards). – Regarding credit quality, the NPL ratio stood at 3.5%, a decrease of 2 basis points compared to the end of March, supported by the strong growth in activity and the good dynamics in the mortgage portfolio, which contributes to the increase in the coverage ratio by 75 basis points to 61% at the end of June 2025. – Total customer funds increased by 1.6% in the second quarter of 2025, with growth in customer deposits of 1.5% and of 1.9% in off-balance sheet funds.

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

| January - June 2025Report - p.37 |

Results Spain generated a net attributable profit of € 2,144 m in the first half of 2025 , which