Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 42

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 42
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 gains on financial assets and liabilities and exchange differences .

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#### Other operating income and expense, net
Other operating income and expense, net of this operating segment for the nine months ended September 30, 2025 was an expense of €268 million, a 3.1% increase compared with the €260 million expense recorded for the nine months ended September 30, 2024, mainly as a result of the higher contributions made to the Deposit Guarantee Fund, partially offset by the depreciation of the Mexican peso against the euro. At constant exchange rates, there was a 16.5 % increase in net other operating expense.

Income and expense on insurance and reinsurance contracts

Net income on insurance and reinsurance contracts of this operating segment for the nine months ended September 30, 2025 was €698 million, a 1.7% increase compared with the €686 million income recorded for the nine months ended September 30, 2024, mainly due to the increase in insurance premiums, partially offset by the depreciation of the Mexican peso against the euro. At constant exchange rates, there was a 15.0 % increase in income on insurance and reinsurance contracts.

#### Administration costs
Administration costs of this operating segment for the nine months ended September 30, 2025 were €3,063 million, a 1.7% decrease compared with the €3,116 million recorded for the nine months ended September 30, 2024, mainly as a result of the depreciation of the Mexican peso against the euro, partially offset by the higher salaries and the higher general expenses related mainly to IT. At constant exchange rates, there was an 11.1 % increase in administration costs.

#### Depreciation and amortization
Depreciation and amortization for the nine months ended September 30, 2025 was €326 million, a 10.7% decrease compared with the €365 million recorded for the nine months ended September 30, 2024, mainly due to the depreciation of the Mexican peso against the euro. At constant exchange rates, there was a 0.9 % increase in depreciation and amortization.

Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification

Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification of this operating segment for the nine months ended September 30, 2025 was a