Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047351
Chunk: 1

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 1
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                                            | 55 |
| Other pro forma information: Corporate & Investment Banking | 56 |
| Alternative Performance Measures (APMs)                     | 60 |
| Legal disclaimer                                            | 68 |

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

| January - September 2025Report - p.4 |

Highlights 2025-2029 Strategic Plan Between January and September 2025, the Group has made significant progress in the execution of its new 2025-2029 Strategic Plan, which aims to establish a new axis of differentiation by radically incorporating the customer perspective, as well as driving and strengthening the Group's commitment to growth and value creation. Thus, on July 31, the Group presented its financial objectives for the period 2025-2028, which are part of the strategic plan presented at the beginning of the year. BBVA continues to focus on innovation as a key driver for achieving these goals and continuing to lead the transformation of the sector. Thanks to artificial intelligence and next-generation technologies, the Group amplifies its positive impact on customers, helping them make the best decisions. Results and business activity In this context, the BBVA Group achieved a cumulative result of € 7,978 , by the end of September 2025, representing a year-on- year increase of 4.7% , supported by the strong performance of recurring revenues from the banking business, that is, net interest income and net fees and commissions. If the exchange rates variation is excluded, this growth increases to 19.8%. Thanks to the solid evolution in gross income, which increased by 16.2% in constant terms, with a growth rate that is significantly higher than that of operating expenses ( +11.0% at constant exchange rates, impacted by an environment of still high inflation) , the efficiency ratio fell to 38.2 % as of September 30, 2025 , which represents an improvement of 178 basis points compared to the ratio as of September 30, 2024. The provisions for impairment on financial assets increased by 12.0 % compared to the balances at the end of September 2024 and at constant exchange rates, a rate that is below the growth in lending, which reached 16.0% .

1 The additional pro forma CIB information does not include the application of hyperinflation accounting or the Group's wholesale business in Venezuela. Translation of this report originally issued in Spanish. In the event of