Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 61

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 61
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 the numerator is the adjusted net attributable profit (loss) previously defined in these alternative performance measures. If the metric is presented on a date before the close of the fiscal year, the numerator will be annualized. The denominator items "Average shareholders' funds" and "Average accumulated other comprehensive income" are the same and they are calculated in the same way as that explained for ROE.

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.

| Adjusted ROE                    |     |                                                |     |                                         |     |         |     |      |               |     |      |               |     |         |     |      |               |
|                                 |     |                                                |     |                                         |     |         |     |      | Jan.-Dec.2024 |     |      | Jan.-Dec.2023 |     |         |     |      | Jan.-Dec.2022 |
| Numerator (Millions of euros)   |     | =                                              |     | Adjusted net attributable profit (loss) |     |         |     |      |        10,054 |     |      |         8,019 |     |         |     |      |         6,559 |
| Denominator (Millions of euros) |     | +                                              |     | Average shareholders' funds             |     |         |     |      |        69,703 |     |      |        65,907 |     |         |     |      |        61,517 |
| +                               |     | Average accumulated other comprehensive income |     |                                         |     | -16,412 |     |      |       -16,437 |     |      |               |     | -16,055 |     |      |               |
|                                 |     | =                                              |     | Adjusted ROE                            |     |         |     | 18.9 |             % |     | 16.2 |             % |     |         |     | 14.4 |             % |

#### 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