Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 49

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 49
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     |    937 |      |     |    754 |   24.3 |
| Profit attributable to non-controlling interests                                                                                        |     |                                         |     |   -353 |      |     |   -283 |   24.7 |
| Profit attributable to parent company                                                                                                   |     |                                         |     |    585 |      |     |    471 |   24.1 |

(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”.

In the nine months ended September 30, 2025, the Argentine peso depreciated by 31.0% against the euro (considering the period-end exchange rates used to convert income statement items for the nine months ended September 30, 2025 and 2024, respectively, pursuant to IAS 21) and the Colombian peso depreciated by 6.3% against the euro in average terms compared with the nine months ended September 30, 2024. On the other hand, the Peruvian sol slightly appreciated by 0.4% against the euro in average terms compared with the nine months ended September 30, 2024. Overall, changes in exchange rates adversely affected the results of operations of the South America operating segment for the nine months ended September 30, 2025 expressed in euros. See “―Factors Affecting the Comparability of our Results of Operations and Financial Condition―Trends in Exchange Rates ”.

As of and for the nine months ended September 30, 2025 and 2024, the Argentine and Venezuelan economies were considered to be hyperinflationary as defined by IAS 29 “Financial Reporting in Hyperinflationary Economies”. See “ Presentation of Financial Information—Hyperinflationary Economies ” for information on the impact of hyperinflation accounting.

#### Net interest