Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 37

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 37
---
 Operating profit / (loss) before tax                                                                                                    |     |                                         |     |  4,522 |      |     |  4,011 |   12.7 |
| Tax expense or income related to profit or loss from continuing operations                                                              |     |                                         |     | -1,381 |      |     | -1,168 |   18.3 |
| Profit                                                                                                                                  |     |                                         |     |  3,141 |      |     |  2,843 |   10.5 |
| Profit attributable to non-controlling interests                                                                                        |     |                                         |     |     -2 |      |     |     -2 |      — |
| Profit attributable to parent company                                                                                                   |     |                                         |     |  3,139 |      |     |  2,841 |   10.5 |

(1) Includes “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net”, “Gains (losses) from hedge accounting, net” and “Exchange differences, net”.

(2) Calculated as “Gross income” less “Administration costs” and “Depreciation and amortization”.

#### Net interest income
Net interest income of this operating segment for the nine months ended September 30, 2025 amounted to €4,905 million, a 2.3% increase compared with the €4,794 million recorded for the nine months ended September 30, 2024, mainly as a result of the higher contribution from the securities portfolio and, to a lesser extent, the ALCO portfolio, and the lower funding costs in the wholesale portfolios, partially offset by the impact of interest rates cuts implemented by the ECB since the second half of 2024 on the consumer and household loan portfolios, which are mostly referenced to variable interest rates. The net interest margin over average total assets of this operating segment amounted to 1.51% for the nine months ended September 30, 2025, compared with 1.47% for the nine months ended September 30, 2024.

#### Net