24 slides from Banco Bilbao Vizcaya Argentaria's earnings presentation, November 2025
Slide 1: 3Q25 BBVA Group Corporate Presentation
3Q25 BBVA Group Corporate Presentation
Slide 2: Disclaimer
3Q25 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
3Q25 CORPORATE PRESENTATION About BBVA BBVA’s GLOBAL PRESENCE FINANCIAL HIGHLIGHTS SEPTEMBER 2025 SEPTEMBER 2025 Countries Employees Net attributable profit 9M25 CET 1 >25 126,997 7,978M€ 13.42% Branches Active Clients Total Loans and advances Deposits from assets to customers (gross) customers 5,657
Slide 4: Our purpose: Support your drive to go further
BBVA Corporate Presentation | 4 | 3Q25 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
3Q25 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
3Q25 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 14.1% TOTAL ASSETS1 Turkey 51% 10% Sep. 25 MEXICO # 1 25.6% Mexico 21% TURKEY # 2 19.9% Rest of Bu
Slide 7: 3Q25 Key Messages
3Q25 CORPORATE PRESENTATION 3Q25 Key Messages 1 Strong activity drives Net NET INTEREST INCOME TOTAL LOAN GROWTH1 Interest Income growth +18.3% vs. 3Q24 +16.0% vs. Sep 2024 CONSTANT CONSTANT 2 Excellent fee income NET FEES AND COMMISSIONS evolution +15.3% vs. 3Q24 CONSTANT 3 Positive jaws and leadin
Slide 8: Record Customer Acquisition Driven by Digital
3Q25 CORPORATE PRESENTATION Record Customer Acquisition Driven by Digital NEW CUSTOMERS1 (BBVA GROUP, MILLION; % ACQUISITION THROUGH DIGITAL CHANNELS) 8.6 8.3 8.5 8.7 6.5 5.3 Digital 66% TOTAL Digital 33% Active Clients2 57.4 M 80.1 M p. 8 (1) Gross customer acquisition through own channels for reta
Slide 9: Positive impact on society through our activity
3Q25 CORPORATE PRESENTATION Positive impact on society through our activity BBVA GROUP SOCIAL INITIATIVES LOAN GROWTH1 FINANCING 23.5 BN€ +16.0 (YOY, CONSTANT €) % mobilized in 9M25 FAMILIES SMEs & SELF-EMPLOYED ENTERPRISES 110,000 750,000 73,000 bought their home2 boosted their business2 larger cor
Slide 10: Sustainability as a Business Opportunity and a Growth Driver
3Q25 CORPORATE PRESENTATION Sustainability as a Business Opportunity and a Growth Driver SUSTAINABLE FINANCE BY CUSTOMER SEGMENT SUSTAINABLE BUSINESS (€ BN) (CHANNELING, € BILLION) 97 YoY 11.1 Sustainable 66 +48% business target 5.5 36.2 Retail +102% 2025-29 €700Bn 23.7 Enterprises +52% 49.7 CIB +36
Slide 11: 9M25 Profit & Loss
3Q25 CORPORATE PRESENTATION 9M25 Profit & Loss Change 9M25/9M24 % BBVA GROUP (€M) 9M25 const. % Net Interest Income 19,246 12.6 2.0 Net Fees and Commissions 6,071 16.6 5.5 Net Trading Income 1,962 -25.6 -33.0 Other Income & Expenses -143 -91.0 -89.7 Gross Income 27,136 16.2 3.7 Operating Expenses -10
Slide 12: Spain
3Q25 CORPORATE PRESENTATION BUSINESS AREAS Spain PROFIT & LOSS (€M) Δ (%) Δ (%) ACTIVITY (€BN, SEP-25) 3Q25 vs. 3Q24 vs. 2Q25 9M25 vs. 9M24 LENDING1 CUST.FUNDS1 Net Interest Income 1,675 4.0 3.2 4,905 2.3 Net Fees and Commissions 566 2.2 -3.5 1,743 4.2 YoY YoY Net Trading Income 136 -40.0 -11.2 536
Slide 13: Mexico
3Q25 CORPORATE PRESENTATION BUSINESS AREAS Mexico PROFIT & LOSS Δ Constant (%) Δ Current Δ Constant ACTIVITY (SEP-25; CONSTANT €BN) (%) (%) (CONSTANT €M) 3Q25 vs. 3Q24 vs. 2Q25 9M25 vs. 9M24 vs. 9M24 LENDING1 CUST.FUNDS1 Net Interest Income 2,878 7.2 3.3 8,393 -4.2 8.3 Net Fees and Commissions 585 5
Slide 14: Turkey
3Q25 CORPORATE PRESENTATION BUSINESS AREAS Turkey PROFIT & LOSS Δ Current (%) Δ Current (%) ACTIVITY (SEP-25; CONSTANT €BN; BANK ONLY) (CURRENT €M) 3Q25 vs. 3Q24 vs. 2Q25 9M25 vs. 9M24 Net Interest Income 831 159.4 37.2 2,137 131.0 LENDING2 CUST.FUNDS2 Net Fees and Commissions 544 9.0 7.1 1,602 14.1
Slide 15: South America
3Q25 CORPORATE PRESENTATION BUSINESS AREAS South America NET ATTRIBUTABLE PROFIT ACTIVITY (SEP-25; CONSTANT €BN) (CURRENT €M) Δ Current (%) Δ Current (%) LENDING1 CUST.FUNDS1 YoY 3Q25 vs. 3Q24 vs. 2Q25 9M25 vs. 9M24 YoY +15.7% +15.6% Colombia 48 40.5 20.6 122 33.6 Colombia +3.3% Peru 71 12.3 -2.1 22
Slide 16: Rest of business
3Q25 CORPORATE PRESENTATION BUSINESS AREAS Rest of business PROFIT & LOSS Δ (%) Δ (%) ACTIVITY (SEP-25; CONSTANT €BN) (CONSTANT €M) 3Q25 vs. 3Q24 vs. 2Q25 9M25 vs. 9M24 Net Interest Income 221 17.4 16.7 596 15.7 LENDING1 CUST.FUNDS1 Net Fees and Commissions 152 48.0 6.2 428 53.9 YoY Net Trading Inco
Slide 17: Other Information: Corporate & Investment Banking
3Q25 CORPORATE PRESENTATION BUSINESS AREAS Other Information: Corporate & Investment Banking BUSINESS ACTIVITY CLIENT’S REVENUE RESULTS (CONSTANT €M CHANGE YTD) (CONSTANT €M CHANGE vs. 9M24) (CONSTANT €M CHANGE vs. 9M24) GROSS INCOME LENDING 4,038 €M +20% 102€Bn +15.2% 4,832 €M +26.8% OPERATING INCO
Slide 18: Takeaways
3Q25 CORPORATE PRESENTATION Takeaways Outstanding shareholder value Another solid 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 d
Slide 19: Group Financial KPIs Goals Evolution
3Q25 CORPORATE PRESENTATION Group Financial KPIs Goals Evolution Aligned with plan ROTE TBV + DIV PER SH C/I RATIO NET ATTRIBUTABLE (%, CURRENT €) (%, CURRENT €) (%, CURRENT €) PROFIT (CURRENT €Bn) GOAL GOAL 40.0% GOAL c.22% Mid-teens c.€48 Bn Avg. 2025-2028 CAGR 2024-2028 38.2% Cumulative 2025-2028
Slide 20: Annex
3Q25 CORPORATE PRESENTATION Annex p. 20
Slide 21: BBVA has more than 165 years of history
3Q25 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 (Sep.25)
3Q25 CORPORATE PRESENTATION BBVAʼs shareholders structure (Sep.25) # BBVA SHARES # SHAREHOLDERS 5,763 M 669,979 Shareholders Shares NUMBER OF SHARES Amount % Amount % Up to 500 297,411 44.4 53,650,054 0.9 501 to 5,000 292,809 43.7 517,736,617 9.0 Retail 5,001 to 10,000 42,889 6.4 300,497,617 5.2 33.
Slide 23: Organizational chart
3Q25 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