Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 15

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 15
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Financial assets designated at fair value through profit or loss” and “Financial assets at fair value through other comprehensive income”) as of September 30, 2025 amounted to €54,644 million, a 0.2% increase from the €54,547 million recorded as of December 31, 2024.

Financial assets at amortized cost of this operating segment as of September 30, 2025 amounted to €98,847 million, a 4.5% increase compared with the €94,595 million recorded as of December 31, 2024. Within this heading, loans and advances to customers of this operating segment as of September 30, 2025 amounted to €92,147 million, a 3.9% increase compared with the €88,725 million recorded as of December 31, 2024, mainly attributable to increases in the volume of consumer loans and credit card loans within the retail loan portfolio.

Financial liabilities held for trading and designated at fair value through profit or loss of this operating segment as of September 30, 2025 amounted to €30,432 million, a 1.5% decrease compared with the €30,885 million recorded as of December 31, 2024.

Customer deposits at amortized cost of this operating segment as of September 30, 2025 amounted to €87,554 million, a 3.1% increase compared with the €84,949 million recorded as of December 31, 2024, primarily due to increases in time deposits from public institutions.

Off-balance sheet funds of this operating segment (which includes “Mutual funds” (including customers’ portfolios) and “Other placements”) as of September 30, 2025 amounted to €67,593 million, an 18.1% increase compared with the €57,253 million as of December 31, 2024, mainly as a result of the continuing search by customers for higher-return investments, which continued to boost mutual funds.

This operating segment’s non-performing loan ratio (as defined herein) increased to 2.8% as of September 30, 2025 from 2.7% as of December 31, 2024, mainly due to the increase in the retail loan portfolio and a Stage 3 entry from the wholesale portfolio in the third quarter of 2025. This operating segment’s non-performing loan coverage ratio (as defined herein) increased to 123% as of September 30,