Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 22

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 22
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 in the economic environment, especially in contexts of high uncertainty and volatility or very recent events still under development . Additionally, the Group may complement the expected losses either by considering additional risk drivers, or by incorporating sectorial particularities or those that may affect a set of operations or borrowers, following a formal internal process established for the purpose. BBVA Group's credit risk indicators T he evolution of the Group’s main credit risk indicators is summarized below: – The NPL ratio has shown stability, remaining at 2.9% as of June 30, 2025, in line with the previous quarter. When compared to the end of June 2024, a 38 basis points improvement is observed, driven by credit growth. Quarterly increases in Turkey and Mexico were offset by declines in other areas. Compared to December 2024, the change was -14 million basis points, with Turkey being the only area to show an increase.

| NON-PERFORMING LOANS (MILLIONS OF EUROS) |     | PROVISIONS (MILLIONS OF EUROS) |

| -1.5% |     | -0.4% |

– Credit risk increased by 1.8 % in the second quarter of the year . At constant exchange rates, the change was +4.8 %, with generalized growth in all geographical areas, particularly in Turkey and Rest of Business. Growth in the last twelve months was 7.2 % ( +14.1 % at constant exchange rates), with double digit growth in most geographical areas at constant exchange rates.

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

| January - June 2025Report - p.25 |

– The balance of non-performing loans increased by 2.3 % in the second quarter of 2025 at the Group level. At constant exchange rates, the change was 4.8 %, mainly due to the increase in doubtful loans in retail portfolios in Spain, Turkey and Mexico. In the last 12 months, doubtful balances were stable in constant terms ( -5.3 % at current exchange rates), with decreases in Spain, Rest of Business and South America, which mitigated increases in the rest of the geographical areas. – The NPL coverage ratio ended the quarter at 81 % , which represents a decrease of 57 basis points compared to the previous quarter (and an increase of 621 basis points compared to the end of June 2024), mainly due