Slide 1: 1Q26 BBVA Group Corporate Presentation
1Q26 BBVA Group Corporate Presentation
Slide 2: Disclaimer
1Q26 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
1Q26 CORPORATE PRESENTATION About BBVA BBVA’s GLOBAL PRESENCE FINANCIAL HIGHLIGHTS MARCH 2026 MARCH 2026 Countries Employees Net attributable profit 1Q26 CET 1 >25 126,877 2,989M€ 12.83% Branches Active Clients Total Loans and advances Deposits from assets to customers (gross) customers 5,565 82.0M 8
Slide 4: Our purpose: Support your drive to go further
BBVA Corporate Presentation | 4 | 1Q26 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 strategic priorities will strengthen our leadership position
1Q26 CORPORATE PRESENTATION Our 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 as
Slide 6: A well-diversified footprint with leading franchises
1Q26 CORPORATE PRESENTATION A well-diversified footprint with leading franchises BREAKDOWN BY BUSINESS AREA MARKET POSITION RANKING AND MARKET SHARE2 Rest of Business SPAIN # 3 14.3% 10% South America TOTAL ASSETS1 9% MEXICO # 1 25.8% Mar. 26 Turkey Spain 10% 51% Mexico TURKEY # 2 20.0% 20% Rest of B
Slide 7: Positive impact on society through our activity
1Q26 CORPORATE PRESENTATION Positive impact on society through our activity BBVA GROUP LOAN GROWTH1 +17.0% (YOY, CONSTANT €) + 15.5% (YOY, CURRENT €) Families SMEs and Larger Social Initiatives self-employed Corporates 40,000 families bought their 380,000 boosted their business 2 80,000 invested in
Slide 8: Advancing in the Execution of our AI Transformation Strategy
1Q26 CORPORATE PRESENTATION Advancing in the Execution of our AI Transformation Strategy ROBOT 1 ROBOT 2 ROBOT 3 Blue: Personal AI for the Risk CLIENTS PROCESSES EMPLOYEES Advisor for Banker - every client relationship manager Smart multimodal Smart E2E Empower our companion advisors automation empl
Slide 9: Key Financial Messages
1Q26 CORPORATE PRESENTATION 1Q26 Key Financial Messages NET INTEREST INCOME TOTAL LOAN GROWTH1 Strong activity drives Net Interest Income growth +20.2% vs. 1Q25 +17.0% vs. 1Q25 CONSTANT CONSTANT NET FEES AND COMMISSIONS Excellent Fee Income evolution +15.5% vs. 1Q25 CONSTANT EFFICIENCY RATIO Positiv
Slide 10: Profit & Loss
1Q26 CORPORATE PRESENTATION 1Q26 Profit & Loss Change Change 1Q26/1Q25 1Q26/4Q25 % % BBVA GROUP (€M) 1Q26 const. % const. % Net Interest Income 7,537 20.2 17.8 2.9 7.2 Net Fees and Commissions 2,256 15.5 9.5 0.9 5.2 Net Trading Income 915 1.1 -3.4 26.2 31.9 Other Income & Expenses -56 -54.7 -31.3 -23
Slide 11: Spain
1Q26 CORPORATE PRESENTATION BUSINESS AREAS Spain PROFIT & LOSS (€M) Δ (%) ACTIVITY (€BN, MAR-26) 1Q26 vs. 1Q25 vs. 4Q25 Net Interest Income 1,656 3.6 -1.2 LENDING1 CUST.FUNDS1 Net Fees and Commissions 605 3.5 -2.4 YoY YoY Net Trading Income 295 20.0 59.2 +7.8% +6.3 % Other Income & Expenses 97 8.4 5
Slide 12: Mexico
1Q26 CORPORATE PRESENTATION BUSINESS AREAS Mexico PROFIT & LOSS Δ Constant (%) Δ Current (%) ACTIVITY (MAR-26; CONSTANT €BN) (CONSTANT €M) 1Q26 vs. 1Q25 vs. 4Q25 vs. 1Q25 LENDING1 CUST.FUNDS1 Net Interest Income 3,136 8.3 -0.3 13.3 Net Fees and Commissions 648 6.3 -2.0 11.2 YoY YoY Net Trading Incom
Slide 13: Turkey
1Q26 CORPORATE PRESENTATION BUSINESS AREAS Turkey PROFIT & LOSS Δ Current (%) ACTIVITY (MAR-26; CONSTANT €BN; BANK ONLY) (CURRENT €M) 1Q26 vs. 1Q25 vs. 4Q25 Net Interest Income 1,121 59.9 19.0 LENDING2 CUST.FUNDS2 Net Fees and Commissions 565 2.7 8.4 YoY1 Net Trading Income Other Income & Expenses 1
Slide 14: South America
1Q26 CORPORATE PRESENTATION BUSINESS AREAS South America NET ATTRIBUTABLE PROFIT ACTIVITY (MAR-26; CONSTANT €BN) (CURRENT €M) Δ Current (%) LENDING1 CUST.FUNDS1 YoY YoY 1Q26 vs. 1Q25 vs. 4Q25 +17.7% +15.0 % Colombia 78 137.6 274.1 Colombia +8.7% Peru 81 -2.6 20.2 +6.9% Colombia Argentina 27 -45.9 -7
Slide 15: Rest of business
1Q26 CORPORATE PRESENTATION BUSINESS AREAS Rest of business PROFIT & LOSS Δ (%) ACTIVITY (MAR-26; CONSTANT €BN) (CONSTANT €M) 1Q26 vs. 1Q25 vs. 4Q25 LENDING1 CUST.FUNDS1 Net Interest Income 232 27.0 0.5 YoY Net Fees and Commissions 201 51.5 22.2 +54.5% YoY Net Trading Income 161 56.5 38.8 +38.5% Oth
Slide 16: Other Information: Corporate & Investment Banking
1Q26 CORPORATE PRESENTATION BUSINESS AREAS Other Information: Corporate & Investment Banking BUSINESS ACTIVITY CLIENT’S REVENUE RESULTS (CONSTANT €M CHANGE YTD) (CONSTANT €M CHANGE vs. 3M25) (CONSTANT €M CHANGE vs. 3M25) GROSS INCOME LENDING 1,878 €M +37% 139€Bn +9.3% 2,185 €M +23.8% OPERATING INCOM
Slide 17: Takeaways
1Q26 CORPORATE PRESENTATION Takeaways Outstanding Value Creation and Net Attributable Profit continues its Profitability metrics excellent trajectory Strong Core revenues evolution on the Advancing in the execution of our back of activity growth Strategy On track to achieve our ambitious Continued CET
Slide 18: Group Financial Goals Evolution
1Q26 CORPORATE PRESENTATION Group Financial Goals Evolution Aligned with plan ROTE TBV + DIV PER SH. C/I RATIO NET ATTRIBUTABLE (%, CURRENT €) (%, CURRENT €) (%, CURRENT €) PROFIT (CURRENT €) GOAL GOAL 40% GOAL c.22% Mid-teens c.€48 Bn AVG. 2025-2028 CAGR 2024-2028 38% CUMULATIVE 2025-2028 3M26 2025
Slide 19: Annex
1Q26 CORPORATE PRESENTATION Annex p. 19
Slide 20: BBVA has more than 165 years of history
1Q26 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 21: BBVA's shareholders structure (Mar.26)
1Q26 CORPORATE PRESENTATION BBVAʼs shareholders structure (Mar.26) # BBVA SHARES # SHAREHOLDERS 5,634 M 660,942 Shareholders Shares NUMBER OF SHARES Number % Number % Up to 500 301,063 45.6 54,387,690 1.0 501 to 5,000 284,046 43.0 499,111,221 8.9 Retail 5,001 to 10,000 40,838 6.2 286,109,662 5.1 31.
Slide 22: Organizational chart
1Q26 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 23: BBVA
BBVA