Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001193125-25-101898
Chunk: 9

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 9
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% QoQ). Sound Fees, with positive behavior in all headings. QoQ evolution explained by seasonal asset management success fees recorded in 4Q24. Best in class efficiency at 32.2%. Continued improvement of risk metrics. CoR at 30 bps ahead of expectations. 4.35 4.13 3.85 3.44 3.30 3.19 0.91 0.83 0.66 55 59 61 4.11 3.73 3.51 0.38 0.30 67.1 18.9 15.7 25.4 28.6 15.4 10.8 186.9 327.7 181.9 30.2 110.5

1Q25 Earnings 18 Mexico €Bn PROFIT & LOSS (CONSTANT €M) ACTIVITY (MAR-25)Mortgages Consumer Credit Cards SMEs Other Commercial Public sector (CONSTANT €) +15.8% +15.8% +5.6% +18.1% +17.2% +8.9% +16.2% +13.8% +25.8% +0.5% (1) Performing loans and Cust.Funds under management, excluding repos, according to local GAAP. Lending1 Cust.Funds1 Demand Deposits Off-BSFunds Time Deposits ASSET QUALITY RATIOS (%) KEY RATIOS YoY Yield on loans Cost of deposits 1Q24 4Q24 1Q25 CoR (YtD) NPL Ratio +22.6% Customer spread YoY Coverage CUSTOMER SPREAD (%) 1Q24 4Q24 1Q25 ” Constant (%) ” Current (%) €Bn 1Q25 vs. 1Q24 vs. 4Q24 vs. 1Q24 Net Interest Income 2,767 7.6 -1.0 -7.7Net Fees and Commissions 583 5.8 -2.3 -9.2Net Trading Income 220 20.4 34.6 3.3 Other Income & Expenses 135 39.2 -5.819.4 Gross Income 3,705 8.9 0.1 -6.6Operating Expenses -1,14411.7 -1.6 -4.2Operating Income