Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 18

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 18
---
                                             |    5,436 | 15.0 |    4,726 |    5,427 |
| Total customer funds                                                      |  651,243 |  1.7 |  640,250 |  612,094 |
| ⁽¹⁾ Includes the customer portfolios in Spain, Mexico, Peru and Colombia. |          |      |          |          |

8 For the periods shown, there were no differences between fully loaded and phased-in ratios given that the impact associated with the transitional adjustments is nil. 9 Considering the last official updates of the countercyclical capital buffer and systemic risk buffer, calculated on the basis of exposure as of March 31, 2025. Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish -language version prevails.

| January - June 2025Report - p.20 |

Capital and shareholders Capital base The BBVA Group's CET1 ratio 8 stood at 13.34% as of June 30, 2025, which allows it to maintain a large management buffer over the Group's CET1 requirement as of that date (9.12% 9 ), and is also above the Group's target management range of 11.5% - 12.0% of CET1. Regarding the evolution during the second quarter, the Group’s CET1 increased by 25 basis points with respect to the March level (13.09%). Noteworthy in this evolution is the strong earnings generation during the second quarter, which contributed +69 basis points to the ratio. The provision for dividends and the coupon payments on AT1 instruments (CoCos) subtracted -37 basis points. Organic growth in risk-weighted assets (RWA) at constant exchange rates, net of risk transfer initiatives, represents a consumption of -41 basis points, reflecting, once again, the Group's ability to continue reinvesting in new growth. Among the remaining impacts that increase the ratio by 34 basis points, the positive compensation effect of "Other Comprehensive Income" over the net monetary value loss registered in results in hyperinflationary economies stands out. In similar terms, the market variables and one-off regulatory impacts in the quarter also contributed positively to the ratio.

| QUARTERLY EVOLUTION OF THE CET1 RATIO |

| +25 bps |

| (1)Includes, among others, FX and mark to market of HTC&S portfolios, minority interests, and apositive impact in OCI equivalent to