Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 55

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 55
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     |                                   |     | -1,003 |      |     | -1,079 |     -7.1 |
| Profit                                                                                                                                  |     |                                   |     |  2,578 |      |     |  2,858 |     -9.8 |
| Profit attributable to non-controlling interests                                                                                        |     |                                   |     |      — |      |     |     -1 |     -8.5 |
| Profit attributable to parent company                                                                                                   |     |                                   |     |  2,578 |      |     |  2,858 |     -9.8 |

(1) Includes “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net”, “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net”, “Gains (losses) from hedge accounting, net” and “Exchange differences, net”.

(2) “Net margin before provisions” is calculated as “Gross income” less “Administration costs” and “Depreciation and amortization”.

(3) Not meaningful.

In the six months ended June 30, 2025, the Mexican peso depreciated by 15.2% against the euro in average terms compared with the six months ended June 30, 2024, resulting in a negative exchange rate effect on our consolidated income statement for the six months ended June 30, 2025 and on the results of operations of the Mexico operating segment for such period expressed in euros. See “ ―Factors Affecting the Comparability of our Results of Operations and Financial Condition―Trends in Exchange Rates ”.

#### Net interest income
Net interest income of this operating segment for the six months ended June 30, 2025 amounted to €5,511 million, a 7.7% decrease compared with the €5,968 million recorded for the six months ended June 30, 2024, mainly as a result of the depreciation of the Mexican peso against the euro, partially offset by increases in the volume of the mortgage and consumer loan portfolios and lower wholesale funding costs. At constant exchange rates, there was an 8.9% increase in net interest income.