31 slides from Banco Bilbao Vizcaya Argentaria's earnings presentation, Sep 1, 2026
Slide 1: 2Q26 BBVA Group Corporate Presentation
2Q26 BBVA Group Corporate Presentation
Slide 2: Disclaimer
2Q26 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
2Q26 CORPORATE PRESENTATION About BBVA p. 3
Slide 4: About BBVA
2Q26 CORPORATE PRESENTATION About BBVA BBVA’s GLOBAL PRESENCE FINANCIAL HIGHLIGHTS JUNE 2026 JUNE 2026 Countries Employees Net attributable profit 6M26 CET 1 27 126,994 6,051€M 12.90% Branches Active Clients Total Loans and advances Deposits from assets to customers (gross) customers 5,555 82.8M 965,
Slide 5: Our purpose: Support your drive to go further
BBVA Corporate Presentation | 5 | 2Q26 CORPORATE PRESENTATION Our purpose: “Support your drive to go further” OUR VALUES Customer We think We are comes first big one team p. 5
Slide 6: Our strategic priorities will strengthen our leadership position
2Q26 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 7: Advancing in the Execution of our AI Transformation Strategy
2Q26 CORPORATE PRESENTATION Advancing in the Execution of our AI Transformation Strategy OBJECTIVES APPROACH CLIENTS Smart multimodal advisors Adoption The Eight The Frame Hyper personalization of AI Tools Agentic solutions on Industrialization a top-down agenda PROCESSES Smart E2E automation Organi
Slide 8: A well-diversified footprint with leading franchises
2Q26 CORPORATE PRESENTATION A well-diversified footprint with leading franchises BREAKDOWN BY BUSINESS AREA MARKET POSITION RANKING AND MARKET SHARE2 Rest of Business SPAIN # 3 14.1% 11% South America TOTAL ASSETS1 8% MEXICO # 1 26.2% JUN. 26 Turkey Spain 10% 51% Mexico TURKEY # 2 19.8% 20% Rest of B
Slide 9: Profitable business mix and stable deposit base
2Q26 CORPORATE PRESENTATION Profitable business mix and stable deposit base LOANS AND ADVANCES TO CUSTOMERS DEPOSITS FROM CUSTOMERS (PERFORMING LOANS UNDER MANAGEMENT EX-REPOS) (CUSTOMER DEPOSITS UNDER MANAGEMENT EX-REPOS) JUN-26 JUN-26 30% CIB 1 20% Mortgages 27% Time Deposits 41% 53% Retail 73% Com
Slide 10: Financial Results
2Q26 CORPORATE PRESENTATION Financial Results p. 10
Slide 11: 2Q26 Key Financial Messages
2Q26 CORPORATE PRESENTATION 2Q26 Key Financial Messages TOTAL LOAN GROWTH1 Strong Activity growth +17.7% vs. Jun-25 CONSTANT CORE REVENUES (NII+FEES) Excellent Core Revenues evolution +17.4% vs. 2Q25 CONSTANT EFFICIENCY RATIO Best-in-Class Efficiency Ratio 37.8% COST OF RISK (YtD) Sound Asset Quality
Slide 12: Positive impact on society through our activity
2Q26 CORPORATE PRESENTATION Positive impact on society through our activity BBVA GROUP LOAN GROWTH1 +17.7% (YOY, CONSTANT €) + 20.1% (YOY, CURRENT €) Families SMEs and Larger Social Initiatives self-employed Corporates 76,000 families bought their 750,000 boosted their business 2 80,000 invested in
Slide 13: Outstanding Value Creation and Profitability
2Q26 CORPORATE PRESENTATION Outstanding Value Creation and Profitability TBV + DIVIDENDS PROFITABILITY METRICS 1 (€ / SHARE ) (%) +17.3% +21.8% ROTE +5.4% YoY 22.2 ex-SBB 20.4 11.06 19.3 10.49 9.43 0.922 10.14 ROE 21.1 19.5 18.4 Jun-25 Mar-26 Jun-26 6M25 2025 6M26 TBV / share Dividends / share (1) To
Slide 14: Excellent Quarter in Profit and Solid Capital Position
2Q26 CORPORATE PRESENTATION Excellent Quarter in Profit and Solid Capital Position NET ATTRIBUTABLE PROFIT CET1 RATIO (CURRENT €M) (%) +11.4% +7bps +2.4% NAP 6M26 6,051 €M 2,989 3,062 12.90% 2,749 12.83% Target Range 11.5%-12.0% SREP Requirement 8.98% 2Q25 1Q26 2Q26 Mar-26 Jun-26 EPS EPS (€)1 0.46 0.
Slide 15: Recurrent Positive Jaws and Leading Efficiency Ratio
2Q26 CORPORATE PRESENTATION Recurrent Positive Jaws and Leading Efficiency Ratio JAWS EFFICIENCY RATIO (6M26 YOY, CONSTANT €) (COST-TO-INCOME, % CONSTANT €) FOOTPRINT INFLATION1 +33bps -77bps excl. non 8.8% recurring items2 % % +17.9 12M AVERAGE +16.9 37.5 37.8 +14.5% excl. non recurring items2 Gross
Slide 16: Sound Asset Quality Metrics
2Q26 CORPORATE PRESENTATION Sound Asset Quality Metrics COST OF RISK NPL & COVERAGE RATIOS (%, YTD) (%) 81% 84% 85% 86% 85 % 1.54% COVERAGE 1.39% 1.43 % 1.32% 1.35% 2.9% 2.8% 2.7% 2.6% 2.6 % NPL 6M25 9M25 12M25 3M26 6M26 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 p. 16
Slide 17: 2Q26 Profit & Loss
2Q26 CORPORATE PRESENTATION 2Q26 Profit & Loss Change Change 2Q26/2Q25 2Q26/1Q26 % % BBVA GROUP (€M) 2Q26 const. % const. % Net Interest Income 7,627 17.8 22.9 2.1 1.2 Net Fees and Commissions 2,316 16.2 18.7 4.4 2.6 Net Trading Income 582 13.1 20.4 -35.8 -36.4 Other Income & Expenses -19 n.a. n.a. n
Slide 18: 6M26 Profit & Loss
2Q26 CORPORATE PRESENTATION 6M26 Profit & Loss Change 6M26/6M25 % BBVA GROUP (€M) 6M26 const. % Net Interest Income 15,164 18.8 20.3 Net Fees and Commissions 4,572 15.8 14.0 Net Trading Income 1,498 5.5 4.6 Other Income & Expenses -75 n.a. n.a. Gross Income 21,159 16.9 17.3 Operating Expenses -8,000
Slide 19: Group Financial Goals Evolution
2Q26 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 37.8% CUMULATIVE 2025-2028 6M26 20
Slide 20: Business Areas
2Q26 CORPORATE PRESENTATION Business Areas p. 20
Slide 21: Spain
2Q26 CORPORATE PRESENTATION BUSINESS AREAS Spain Δ (%) Δ (%) ACTIVITY (€BN, JUN-26) PROFIT & LOSS (€M) 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 LENDING1 CUST.FUNDS1 Net Interest Income 1,689 4.5 2.0 3,346 4.1 Net Fees and Commissions 589 0.8 -2.6 1,194 2.2 YoY YoY Net Trading Income 121 -19.9 -59.0 416
Slide 22: Mexico
2Q26 CORPORATE PRESENTATION BUSINESS AREAS Mexico Δ Current PROFIT PROFIT & & LOSS LOSS Δ Constant (%) Δ Constant (%) ACTIVITY (JUN-26; CONSTANT €BN) (%) (CONSTANT (CONSTANT €M) €M) 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 vs. 6M25 LENDING1 CUST.FUNDS1 Net Interest Income 3,247 8.9 2.7 6,409 16.3 8.6 Yo
Slide 23: Turkey
2Q26 CORPORATE PRESENTATION BUSINESS AREAS Turkey Δ Current (%) Δ Current (%) PROFIT & LOSS ACTIVITY (JUN-26; CONSTANT €BN; BANK ONLY) (CURRENT €M) 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 Net Interest Income 1,031 70.3 -8.0 2,152 64.7 LENDING2 CUST.FUNDS2 Net Fees and Commissions 638 25.4 12.9 1,202 13
Slide 24: South America
2Q26 CORPORATE PRESENTATION BUSINESS AREAS South America NET ATTRIBUTABLE PROFIT ACTIVITY (JUN-26; CONSTANT €BN) (CURRENT €M) Δ Current (%) Δ Current (%) LENDING1 CUST.FUNDS1 YoY YoY 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 +18.0% +14.4% Colombia 97 142.7 24.4 175 140.4 +10.7% Colombia Peru 113 57.8 38.
Slide 25: Rest of business
2Q26 CORPORATE PRESENTATION BUSINESS AREAS Rest of business PROFIT & LOSS Δ (%) Δ (%) ACTIVITY (JUN-26; CONSTANT €BN) (CONSTANT €M) 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 LENDING1 CUST.FUNDS1 Net Interest Income 274 44.7 17.2 507 36.0 Net Fees and Commissions 190 32.1 -5.6 391 41.5 YoY YoY Net Trading
Slide 26: CIB
2Q26 CORPORATE PRESENTATION PRO FORMA INFORMATION - CIB BUSINESS CIB PROFIT & LOSS ACTIVITY (JUN-26; CONSTANT €BN) Δ Current(%) Δ (%) (CURRENT €M) 2Q26 vs. 2Q25 vs. 1Q26 6M26 vs. 6M25 LENDING1 Net Interest Income 1,100 25.6 8.0 2,119 23.6 Net Fees and Commissions 422 23.6 -10.8 894 27.1 YoY Net Trad
Slide 27: Annex
2Q26 CORPORATE PRESENTATION Annex p. 27
Slide 28: BBVA has more than 165 years of history
2Q26 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 29: BBVA's shareholders structure (Jun.26)
2Q26 CORPORATE PRESENTATION BBVAʼs shareholders structure (Jun.26) # BBVA SHARES # SHAREHOLDERS 5,581 M 655,706 Shareholders Shares NUMBER OF SHARES Number % Number % Less than 500 296,757 45.3 52,389,073 0.9 500 to 5,000 283,888 43.3 493,985,496 8.9 Retail 5,001 to 10,000 40,479 6.2 283,374,211 5.1
Slide 30: Organizational chart
2Q26 CORPORATE PRESENTATION Organizational chart * (1) Direct access to the Board of Directors p. 30 * Pending regulatory approval
Slide 31: BBVA
BBVA