Banco Bilbao Vizcaya Argentaria, S.a. · BME:BBVA
Banco Bilbao Vizcaya Argentaria — Shareholder Meeting (March 2024)
23 slides from Banco Bilbao Vizcaya Argentaria's shareholder meeting presentation, March 2024
Slide 1: Carlos Torres Vila, Chair
Carlos Torres Vila Chair
Slide 2: 2023 has been a great year for BBVA
2 2023 has been a great year for BBVA, on which we continued creating opportunities for everyone
Slide 3: Banks promote economic growth, channeling savings towards productive investments
3 Banks promote economic growth, channeling savings towards productive investments
Slide 4: In 2023 we expanded the scope of our activity, with a greater positive impact on society
4 In 2023 we expanded the scope of our activity, with a greater positive impact on society LOAN GROWTH +7.6 % INCLUSIVE GROWTH FINANCING 140,000 FAMILIES BOUGHT THEIR HOME 550,000 SMEs AND SELF - EMPLOYED 70,000 LARGER CORPORATES 15,000 channeled in the year €M Note: annual loan growth in constant e
Slide 5: We continue incorporating new customers, more than 11 million this year
5 We continue incorporating new customers, more than 11 million this year NEW CUSTOMERS ADDED EVERY YEAR 11.1 (BBVA GROUP, MILLIONS) 11.3 8.7 7.2 72 millions 7.1 active clients 5.1 2018 2019 2020 2021 2022 2023 Note: Gross customer acquisition through own channels for retail segment. Excludes the US
Slide 6: Our pioneering strategy has allowed us obtain the best results of our history
6 Our pioneering strategy has NET ATTRIBUTABLE PROFIT 8,019 €M allowed us obtain the best results of our history ATTRIBUTABLE PER SHARE +26 % +32 % vs. 2022 vs. 2022
Slide 7: We generate value for our shareholders
7 We generate value for our shareholders PROFITABILITY BOOK VALUE GROWTH (ROTE, 2023) (BOOK VALUE + DIVIDENDS € / SHARE, VS. DEC.22) 17 % +20 % 12 % +13 % EUROPEAN PEERS EUROPEAN PEERS Note: European Peer Group: BARC, BNPP, CABK, CASA, DB, HSBC, ING, ISP, LBG, NDA, SAN, SG, UCG.
Slide 8: We increase remuneration to our shareholders
8 We increase remuneration to our shareholders CASH DIVIDEND € cts. 55 PAY-OUT 2023 50 % /share of Net Attributable Profit NEW SHARE BUYBACK PROGRAM 4,010 €M 781 €M Note: Cash dividend gross amount.
Slide 9: One more year we increase our dividend significantly
9 One more year we increase our dividend significantly CASH DIVIDEND (€ CTS/SHARE) +28 % SINCE 2021 55 13,182 €M 14 % 43 31 26 26 39 Apr.24 distributed shares cancelled 6 16 Oct.23 2018 2019 2020 2021 2022 2023 Note: Cash dividend gross amount. 2024 April dividend pending approval from the governing
Slide 10: The market continues rewarding our strategy and results
10 The market continues rewarding our strategy and results TOTAL RETURN SINCE JANUARY 2023 TOTAL RETURN SINCE JANUARY 2019 +95 % +191 % +41 % +74 % SPANISH BANKS +39 % +39 % EUROPEAN BANKS 01/01/23 03/13/24 EUROPEAN SPANISH BANKS BANKS Nota: Total Return includes the evolution of the share price + d
Slide 11: Our value creation allow us to have a positive impact in society
11 Our value creation allow us to have a positive impact in society
Slide 12: Our foundations do an important work promoting inclusion, culture and knowledge
12 Our foundations do an important work promoting inclusion, culture and knowledge COMMITTED TO SOCIAL PROGRAMS 2021-2025 550 €M
Slide 13: We expect economy to continue growing, although more moderately
13 We expect economy to continue growing, although more moderately INFLATION RATE EXPECTED ECONOMIC GROWTH 2024 (2000 – 2023 % YOY) (GDP GROWTH, BBVA RESEARCH FORECAST) USA EUROPE SPAIN MEXICO FOOTPRINT +2.1 % +2.5 % +2.3 % 0.4pp vs 2023 0.7pp vs 2023 0.4pp vs 2023 2000 2002 2004 2006 2008 2010 2012
Slide 14: Our strategy will continue focused on innovation and sustainability
14 Our strategy will continue focused on innovation and sustainability Innovation Sustainability How can I help you?
Slide 15: Our clients benefit from our commitment to digitalization
15 Our clients benefit from our commitment to digitalization MOBILE CLIENTS TRANSACTIONS PER CUSTOMER SATISFACTION (MILLION CLIENTS) CLIENT (NPS) (2023 VS. 2018) 52.8 Increase since 2018 We are 23.1 +85 % + 11PP # 1 in Top 3 in other countries 2018 2023 Note: Growth in number of transactions per acti
Slide 16: We grow in clients and sales thanks to digitalization
16 We grow in clients and sales thanks to digitalization DIGITAL SALES (%, UNITS) 57 % 79 % 2018 2023
Slide 17: We are more efficient thanks to our technological capabilities
17 We are more efficient thanks to our technological capabilities Cloud platform Global design and co-creation GLOBAL RETAIL >50 MOBILE APP % of total transactions done in the cloud GLOMO 80 c. % Reuse of design and software
Slide 18: We are pioneers in data and artificial intelligence
18 We are pioneers in data and artificial intelligence CLIENT EXPERIENCE | ADVISORY | GROWTH | RISKS | PRODUCTIVITY | SUSTAINABILITY
Slide 19: We are financing innovation in the cleantech field
19 We are financing innovation in the cleantech field
Slide 20: We are committed with the decarbonization targets: BBVA Net Zero 2050
20 We are committed with the decarbonization targets: BBVA NET ZERO 2050 INTERIM POWER AUTO OIL & GAS CEMENT TARGETS -52 % -46 % -30 % -17 % 2030 kg CO2e/MWh g CO2/v-km Mn tCO2e kg CO2/tn STEEL COAL1 SHIPPING AVIATION -23 % kg CO2/tn -100 % Mn EUR </=0 g CO / (DWT-nm) % 2 -18 % g CO2/pkm (1) Thermal
Slide 21: Sustainability is an enormous challenge and great business opportunity
21 Sustainability is an enormous challenge and great business opportunity SUSTAINABLE BUSINESS CUMULATIVE AMOUNT (€BN; SINCE 2018) BBVA is the bank with NEW TARGET the highest score in (2022) Europe according to 206 €BN 300 €BN the Dow Jones Channeled since REVISED TARGET 2018 (2021) Sustainability
Slide 22: Thanks to the best team: purpose and values
22 Our purpose “Bring the age of opportunity to Thanks to the everyone” best team Our values The customer We think big We are one team comes first
Slide 23: Carlos Torres Vila, Chair
Carlos Torres Vila Chair
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) — Shareholder Meeting (March 2024) on 6ix