Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047351
Chunk: 54

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 54
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loss) of the Group's consolidated income statement. If the metric is presented on a date before the close of the fiscal year, the numerator will be annualized. Average shareholders' funds are the weighted moving average of the shareholders' funds at the end of each month of the period analyzed, adjusted to take into account the execution of the "Dividend-option" at the closing dates on which it was agreed to deliver this type of dividend prior to the publication of the Group´s results. Average accumulated other comprehensive income is the moving weighted average of "Accumulated other comprehensive income", which is part of the equity on the Entity's balance sheet and is calculated in the same way as average shareholders’ funds (above). Relevance of its use: this ratio is very commonly used not only in the banking sector but also in other sectors to measure the return obtained on shareholders' funds.

| ROE                            |                                                |                                |               |               |               |
|                                |                                                |                                | Jan.-Sep.2025 | Jan.-Dec.2024 | Jan.-Sep.2024 |
| Numerator(Millions of euros)   | =                                              | Net attributable profit (loss) |        10,666 |        10,054 |        10,181 |
| Denominator(Millions of euros) | +                                              |    Average shareholders' funds |        74,861 |        69,703 |        69,026 |
| +                              | Average accumulated other comprehensive income |                        -18,038 |       -16,412 |       -16,095 |               |
|                                | =                                              |                            ROE |         18.8% |         18.9% |         19.2% |

ROTE The ROTE (return on tangible equity) ratio measures the accounting return on an entity's shareholders' funds, plus accumulated other comprehensive income, and excluding intangible assets. It is calculated as follows:

| Net attributable profit (loss)                                                                           |
| Average shareholders' funds + Average accumulated other comprehensive income - Average intangible assets |

Explanation of the formula: the numerator "Net attributable profit (loss)" and the items in the denominator "Average intangible assets" and "Average accumulated other comprehensive income" are the same items and are calculated in the same way as explained for ROE. Average intangible assets are the intangible assets on the Group's consolidated balance sheet, including goodwill and other intangible assets. The average balance is calculated in the same way as explained for shareholders funds