Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001193125-25-101894
Chunk: 1

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 1
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 ratio +10.9% +15.1% +20.2% +19.3% 38.2% vs. 1Q24 vs. Mar 241 (€ constant) (constant) IMPROVEMENT IN RISK INDICATORS, ABOVE EXPECTED STRONG CAPITAL POSITION ABOVE OUR TARGET Cost of NPL NPL coverage CETl risk ratio ratio 1.30% 2.9% 82% 13.09% 1Q25 Mar-24 Mar-24vs. target range 11.5% · 12.0% TRANSFORMATION SUSTAINABLE BUSINESS IMPACT ON SOCIETY New customer 2.9 Mn Goal 2025-2029 39,000 Families bought acquisition(2) € 7QQ Bn their home (IQ25) 240.000 (SMEs and) self-employed Customer 66% boosted their acquisition business3 Channeled in 1Q25 through digital channels € 29 Bn 70,000 Larger corporales with access to (1Q25. % of total) financing’ 1. Perform Ioans under ma1agement excluding repos. 2. Gross customer acquiSition through OYmchannels for retail segment. 3. New 5oaos In 1Q25. 4, Larger compan~eswith 88\‘A financing as of March 202~.

BBVA 04.29.2025 “We got off to a strong start in 2025. Lending has been a clear highlight, with an outstanding profitability and a solid increase in the tangible book value per share plus dividends. Despite the uncertain environment, we are experiencing very positive dynamics across our businesses thanks to our diversified model with leading franchises in high-growth markets. We maintain our forecast to achieve profitability levels (ROTE) similar to those of 2024.” Onur Genç, Chief Executive Officer Greater activity set the pace in the first quarter of 2025. From January to March, BBVA’s loan portfolio grew by 15 percent yoy. Growth in banking activity in recent years has prompted BBVA to substantially increase market share in all countries where it has a significant presence. The Group also managed to consolidate its leadership in markets with high-growth potential, given their low levels of banking penetration compared to other countries. BBVA added 2.9 million new customers in 1Q25, of which 66 percent joined the bank through digital channels. Furthermore