Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001193125-25-257749
Chunk: 3

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 3
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.7 and 18.8 percent, respectively. All this accounted for greater value for BBVA shareholders. The tangible book value per share plus dividends rose to €10.28 per share, following a 17 percent increase compared to a year earlier. These figures have reinforced even further BBVA’s capital position: in the wake of an increase of 8 bps in the quarter, the CET1 ratio stood at 13.42 percent at the end of September, noticeably above the target range set by the bank (11.5 to 12 percent). Moreover, BBVA has received authorization to release between 40 and 50 additional bps of CET1 at the end of 2025. Thanks to its solid capital position and following the withdrawal of its offer to Banco Sabadell shareholders, BBVA has accelerated its shareholder remuneration plan: On Oct. 31 it will start executing the pending share buyback of around €1 billion; on Nov. 7, it will pay the highest interim dividend ever ( €0.32 per share), for a total of about €1.84 billion; and, as soon as it receives the authorization from the ECB, it will launch a significant additional share buyback program¹.

| 10.30.2025 |

Furthermore, BBVA is fully committed to its Strategic Plan and financial goals for the 2025-2028 period, as reflected in the business figures for the first nine months of the year. Business areas In Spain, lending and customer funds showed great momentum. Loans grew by 7.8 percent over the past 12 months, on the back of a strong new production (+13 percent yoy), particularly in the business segments. Customer funds rose 6.7 percent. On the P&L account, activity growth translated into higher core revenues: despite the reduction of interest rates in Europe and the seasonality of 3Q25 due to the summer, net interest income reached 2.3 percent yoy, while fees and commissions increased by 4.2 percent. Gross income improved 5.8 percent, with operating income growing 9.7 percent. Yet another quarter, net attributable profit stood at around €1 billion, which prompted a record €3.14 billion in the first nine months of the year, up 10.5 percent yoy. The cumulative cost of risk through September performed in line with expectations and stood at 0.34 percent. The coverage and the NPL ratios also improved, to 65 percent