Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 78

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 78
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051 |                   |     | 394,468 |
| CET1 (%)                             |     |                   |     |   13.34 |                   |     |   12.88 |
| Tier 1 (%)                           |     |                   |     |   14.76 |                   |     |   14.40 |
| Tier 2 (%)                           |     |                   |     |    2.97 |                   |     |    2.50 |
| Total capital ratio (%)              |     |                   |     |   17.72 |                   |     |   16.90 |

(1) December 31, 2024 data and ratios are presented according to the requirements under CRR II. June 30, 2025 data and ratios have been calculated applying the regulatory changes of CRR III.

(2) Preliminary data.

As of June 30, 2025, the leverage ratio (calculated by dividing BBVA’s Tier 1 capital by its total leverage ratio exposure measure, which includes BBVA’s assets and off-balance-sheet items) stood at 6.93% compared to 6.81% as of December 31, 2024. Tier 1 capital increased, supported by the generation of results during the six months ended June 30, 2025, while there was lower exposure to off-balance sheet assets, mainly driven by the entry into force of CRR III, and lower deposits at central banks, which together resulted in an increase of 12 basis points in the leverage ratio compared to December 31, 2024.

With regard to MREL (Minimum Requirement for own funds and Eligible Liabilities) requirements, BBVA must maintain, as from June 12, 2025, an amount of own funds and eligible liabilities equal to 23.13% of the total RWA of its resolution group, on sub-consolidated level (the “ MREL in RWA ”). Within this MREL in RWA, an amount equal to 13.50% of the RWA of the resolution group must be met with subordinated instruments (the “ subordination requirement in RWA ”). The MREL in RWA and the subordination requirement in RWA do not include the combined capital buffer requirement (3.65%, considering the last official update of the countercyclical capital buffer and the systemic risk buffer, calculated on the basis of exposure as of December 31, 2024, according to