Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001193125-25-169879
Chunk: 11

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 11
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 -57.4 -496 CPI linkers revenues 109 -58.7 -64.9 419 -40.3 % FC +21.3 % +13.5 FC Demand Gross Income 1,142 14.8 -9.9 2,409 27.3 % Operating Expenses -503 8.3 -12.9 -1,080 18.8 +42.2 % +40.1 Operating Income 639 20.5 -7.4 1,329 35.2 TL Commercial % +19.0 Impairment on Financial Assets -173 126.5 -26.2 -407 168.7 TL Time Provisions and Other Gains and Losses 13 -72.2 n.s. 11 -87.2 % +41.5 Income Before Tax 479 -4.3 5.7 932 2.0 % Income Tax -178 -30.2 -32.8 -442 -11.2 +57.1 TL Retail Non-controlling Interest -47 22.9 55.2 -78 20.9 TL Demand % Net Attributable Proﬁt 254 22.4 60.6 412 17.3 +33.9 (1) FC (foreign currency) evolution excluding FX impact. (2) Performing loans and deposits under management, excluding repos, according to local GAAP. KEY RATIOS ー Resilient NII, supported by activity growth despite TL customer spread CUSTOMER SPREAD (%) ASSET QUALITY RATIOS (%) decline in the quarter due to higher deposit costs. ー Robust fee growth led by payments systems, and positive contribution Coverage from asset management and insurance business. FC ー CoR stood at 164 bps, beneﬁting from wholesale provision releases. NPL Ratio Retail provisioning needs remain high. ー Disinﬂationary trend continues to support Net Proﬁt as lower inﬂation TL reduces P&L impact from NMP loss. CoR (YtD) 2Q24 1Q25 2Q25 2Q24 1Q25 2Q25 Note:Inﬂation rate: 6.0% in 2Q25 (vs 10.1% in 1Q25). Annual inﬂation down to 35.05% YoY in p. 19 2