Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000020
Chunk: 30

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 30
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ment on financial asset decreased by 15.7%, as a result of lower requirements associated with the retail portfolio, contributing to a cumulative cost of risk at the end of March 2025 of 0.30%, 8 basis points lower than at the end of December.

– Finally, the accrual for the first quarter of 2025 of the new tax on net interest income and commissions, amounting to approximately €85m, is included in income tax.

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

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#### Mexico

#### Highlights
#### •

The strong growth in lending activity continues, with larger dynamism of the retail segment

#### •

Positive performance of recurring revenues and other gross income components

#### •

#### Improvement of risk indicators
#### •

Quarterly attributable profit remains at high levels

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

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| FINANCIAL STATEMENTS AND RELEVANT BUSINESS INDICATORS (MILLIONS OF EUROS AND PERCENTAGE) |     |        |     |       |     |         |     |        |
| Income statement                                                                         |     |   1Q25 |     |   ∆ % |     | ∆ % ⁽¹⁾ |     |   1Q24 |
| Net interest income                                                                      |     |  2,767 |     |  -7.7 |     |     7.6 |     |  2,999 |
| Net fees and commissions                                                                 |     |    583 |     |  -9.2 |     |     5.8 |     |    642 |
| Net trading income                                                                       |     |    220 |     |   3.3 |     |    20.4 |     |    213 |
| Other operating income and expenses                                                      |     |    135 |     |  19.4 |     |    39.2 |     |    113 |
| Gross income                                                                             |     |  3,705 |     |  -6.6 |     |     8.9 |     |  3,967 |
| Operating expenses                                                                       |     | -1,144 |     |  -4.2 |     |    11.7 |     | -1,194 |
| Personnel expenses                                                                       |