Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 86

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 86
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, Uruguay and Venezuela.

– Rest of business mainly incorporates the wholesale activity carried out in Europe (excluding Spain), the United States, and the BBVA branches located in Asia, as well as the Group's digital banks in Italy and Germany.

The Corporate Center performs centralized Group functions, including: the costs of the head offices with a corporate function for the consolidated BBVA Group, management of structural exchange rate positions; certain portfolios, such as financial and industrial holdings; stakes in Funds & Investment Vehicles in tech companies; certain tax assets and liabilities; funds for employee commitments; goodwill and other intangible assets, as well as the financing of such portfolios and assets.

The breakdown of the BBVA Group’s total assets by operating segment and the Corporate Center as of September 30, 2025 and December 31, 2024, is as follows:

| TOTAL GROUP ASSETS BY OPERATING SEGMENTS (MILLIONS OF EUROS) |     |                |     |                   |
|                                                              |     | September 2025 |     | December 2024 ⁽¹⁾ |
| Spain                                                        |     |        431,932 |     |           411,620 |
| Mexico                                                       |     |        172,544 |     |           168,470 |
| Turkey                                                       |     |         86,771 |     |            82,782 |
| South America                                                |     |         73,142 |     |            73,997 |
| Rest of Business                                             |     |         76,639 |     |            66,534 |
| Subtotal assets by operating segments                        |     |        841,028 |     |           803,404 |
| Corporate Center and adjustments                             |     |        -27,965 |     |           -31,002 |
| Total assets BBVA Group                                      |     |        813,063 |     |           772,402 |

(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group.

The following table sets forth the main margins and profit by operating segment and the Corporate Center for the nine months ended