24 slides from Banco Bilbao Vizcaya Argentaria's earnings presentation, September 2025
Slide 1: BBVA Group Corporate Presentation 2Q25
2Q25 BBVA Group Corporate Presentation
Slide 2: Disclaimer
2Q25 CORPORATE PRESENTATION Disclaimer This document is only provided for information purposes and is not intended to provide financial advice and, therefore, does not constitute, nor should it be interpreted as, an offer to sell, exchange or acquire, or an invitation for offers to acquire securities
Slide 3: About BBVA
2Q25 CORPORATE PRESENTATION About BBVA BBVA’s GLOBAL PRESENCE FINANCIAL HIGHLIGHTS JUNE 2025 JUNE 2025 Countries Employees Net attributable profit 6M25 CET 1 >25 125,864 5,447M€ 13.34% Branches Active Clients Total Loans and advances Deposits from assets to customers (gross) customers 5,668 79.1M 776
Slide 4: Our purpose: Support your drive to go further
BBVA Corporate Presentation | 4 | 2Q25 CORPORATE PRESENTATION Our purpose: “Support your drive to go further” OUR VALUES Customer We think We are comes first big one team p. 4
Slide 5: Our new strategic priorities will strengthen our leadership position
2Q25 CORPORATE PRESENTATION Our new strategic priorities will strengthen our leadership position Embed a Radical Client Scale up All Strengthen Perspective Enterprise Our Empathy, in All We Do Segments Succeed as a Winning Team Promote a Boost Value and Unlock the Sustainability Capital Potential of
Slide 6: A well-diversified footprint with leading franchises
2Q25 CORPORATE PRESENTATION A well-diversified footprint with leading franchises BREAKDOWN BY BUSINESS AREA MARKET POSITION RANKING AND MARKET SHARE2 Rest of Business South America 9% 9% Spain SPAIN # 3 14.2% TOTAL ASSETS1 Turkey 52% 10% Jun. 25 MEXICO # 1 25.6% Mexico 21% TURKEY # 2 19.6% Rest of Bu
Slide 7: 2Q25 key messages
2Q25 CORPORATE PRESENTATION 2Q25 key messages 1 Strong activity drives Net NET INTEREST INCOME TOTAL LOAN GROWTH1 Interest Income growth +11.2% vs. 2Q24 +16.0% vs. Jun 2024 CONSTANT CONSTANT 2 Excellent fee income NET FEES AND COMMISSIONS evolution +17.7% vs. 2Q24 CONSTANT 3 Positive jaws and leadin
Slide 8: Record customer acquisition driven by digital
2Q25 CORPORATE PRESENTATION Record customer acquisition driven by digital NEW CUSTOMERS1 (BBVA GROUP, MILLION; % ACQUISITION THROUGH DIGITAL CHANNELS) 5.4 5.4 5.6 5.7 4.1 TOTAL 3.4 Digital 66% Digital 33% Active Clients2 56.9 M 79.1 M p. 8 (1) Gross customer acquisition through own channels for reta
Slide 9: Positive impact on society through our activity
2Q25 CORPORATE PRESENTATION Positive impact on society through our activity BBVA GROUP INCLUSIVE GROWTH LOAN GROWTH1 FINANCING 14.9 BN€ +16.0 (YOY, CONSTANT €) % mobilized in 6M25 FAMILIES SMEs & SELF-EMPLOYED ENTERPRISES 77,000 500,000 73,000 bought their home2 boosted their business2 larger corpor
Slide 10: Sustainability as a business opportunity and a growth driver
2Q25 CORPORATE PRESENTATION Sustainability as a business opportunity and a growth driver SUSTAINABLE BUSINESS BY CUSTOMER SEGMENT (CHANNELING, € BILLION) (€ BN) 63 YoY 7.5 Sustainable 43 +48% business target 3.4 23.6 Retail +119% 2025-29 €700Bn 15.4 Enterprises +53% 31.9 CIB +34% 23.7 6M24 6M25 Note
Slide 11: 6M25 Profit & Loss
2Q25 CORPORATE PRESENTATION 6M25 Profit & Loss Change 6M25/6M24 % BBVA GROUP (€M) 6M25 const. % Net Interest Income 12,607 10 -3 Net Fees and Commissions 4,010 18 4 Net Trading Income 1,431 -13 -24 Other Income & Expenses -15 n.s. n.s. Gross Income 18,034 20 3 Operating Expenses -6,787 10 -1 Operatin
Slide 12: Spain
2Q25 CORPORATE PRESENTATION BUSINESS AREAS Spain PROFIT & LOSS (€M) Δ (%) Δ (%) ACTIVITY (€BN, JUN-25) 2Q25 vs. 2Q24 vs. 1Q25 6M25 vs. 6M24 LENDING1 CUST.FUNDS1 Net Interest Income 1,623 1.7 1.0 3,230 1.5 Net Fees and Commissions 587 3.6 -0.5 1,176 5.2 YoY YoY +6.3% +5.1% Net Trading Income 153 -7.9
Slide 13: Mexico
2Q25 CORPORATE PRESENTATION BUSINESS AREAS Mexico PROFIT & LOSS Δ Constant (%) Δ Current Δ Constant ACTIVITY (JUN-25; CONSTANT €BN) (%) (%) (CONSTANT €M) 2Q25 vs. 2Q24 vs. 1Q25 6M25 vs. 6M24 vs. 6M24 LENDING1 CUST.FUNDS1 Net Interest Income 2,784 10.2 2.1 5,511 -7.7 8.9 YoY YoY Net Fees and Commissi
Slide 14: Turkey
2Q25 CORPORATE PRESENTATION BUSINESS AREAS Turkey PROFIT & LOSS Δ Current (%) Δ Current (%) ACTIVITY (JUN-25; CONSTANT €BN; BANK ONLY) (CURRENT €M) 2Q25 vs. 2Q24 vs. 1Q25 6M25 vs. 6M24 Net Interest Income 605 84.9 -13.7 1,307 116.0 LENDING2 CUST.FUNDS2 Net Fees and Commissions 508 5.5 -7.5 1,058 16.
Slide 15: South America
2Q25 CORPORATE PRESENTATION BUSINESS AREAS South America NET ATTRIBUTABLE PROFIT ACTIVITY (JUN-25; CONSTANT €BN) (CURRENT €M) Δ Current (%) Δ Current (%) LENDING1 CUST.FUNDS1 YoY 2Q25 vs. 2Q24 vs. 1Q25 6M25 vs. 6M24 YoY +17.9% +16.4% Colombia 40 9.0 21.7 73 29.4 Colombia +2.9% Peru 72 6.4 -14.2 156
Slide 16: Other Information: Corporate & Investment Banking
2Q25 CORPORATE PRESENTATION BUSINESS AREAS Other Information: Corporate & Investment Banking BUSINESS ACTIVITY CLIENT’S REVENUE RESULTS (CONSTANT €M CHANGE YTD) (CONSTANT €M CHANGE vs. 6M24) (CONSTANT €M CHANGE vs. 6M24) GROSS INCOME LENDING 2,615 €M +17% 98€Bn +10.3% 3,194 €M +27.5% OPERATING INCOM
Slide 17: Takeaways
2Q25 CORPORATE PRESENTATION Takeaways Outstanding shareholder value Another superb quarter in profit and creation and profitability metrics capital generation Strong core revenues evolution on the Industry leading efficiency levels back of activity growth, fully absorbing with clear focus on costs the
Slide 18: 2025 Outlook
2Q25 CORPORATE PRESENTATION 2025 Outlook Improved Guidance SPAIN MEXICO 1 TURKEY Group Loans: above mid single digit Loans: growth at around 10% Net Profit will stand growth, outperforming the NII: growth at high single digit, somewhat below €1 ROTE market below activity billion 20 NII: slightly posi
Slide 19: Group Financial KPIs Goals
2Q25 CORPORATE EARNINGS PRESENTATION Group Financial KPIs Goals ROTE TBV + DIV PER SH C/I RATIO NET ATTRIBUTABLE (%, CURRENT €) (%, CURRENT €) (%, CURRENT €) PROFIT (CURRENT €) c.22% Mid-teens c.35% c.€48 Bn Cumulative Avg. 2025-2028 CAGR 2024-2028 2028 2025-2028 p. 19
Slide 20: Annex
2Q25 CORPORATE PRESENTATION Annex p. 20
Slide 21: BBVA has more than 165 years of history
2Q25 CORPORATE PRESENTATION BBVA has more than 165 years of history Banco Continental (Perú) 1995 Probursa (Mexico) 2007 Compass (USA) 2016 Sale of CNCB´s 1.12% (China) Sale of GarantiBank Moscow AO (Moscow) Banco Ganadero (Colombia) 2008 Extended CNCB agreement (China) 1996 Sale of CNCB (China) Ban
Slide 22: BBVA's shareholders structure (Jun.25)
2Q25 CORPORATE PRESENTATION BBVAʼs shareholders structure (Jun.25) # BBVA SHARES # SHAREHOLDERS 5,763 M 681,425 Shareholders Shares NUMBER OF SHARES Amount % Amount % Up to 500 300,024 44.0 54,399,691 0.9 501 to 5,000 299,507 44.0 530,306,851 9.2 Retail 5,001 to 10,000 43,979 6.5 308,121,248 5.3 34.
Slide 23: Organizational chart
2Q25 CORPORATE PRESENTATION Organizational chart (1) Reporting to the CEO and to the Chair (for topics related to sustainability strategy and transformation) (2) Reporting channel to CEO for Argentina, Colombia, Peru, Venezuela and Uruguay, as well as monitoring of all countries, including Spain, Me
Slide 24: BBVA
BBVA