22 slides from Banco Bilbao Vizcaya Argentaria's earnings presentation, February 2025
Slide 1: BBVA Group 4Q24
BBVA BBVA Group 4Q24
Slide 2: Disclaimer
BBVA Corporate Presentation | 2 | 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 secu
Slide 3: About BBVA
BBVA Corporate Presentation | 3 | About BBVA BBVA’s GLOBAL PRESENCE FINANCIAL HIGHLIGHTS DECEMBER 2024 DECEMBER 2024 Net attributable profit 2024 CET 1 FL 10.1 BN€ 12.88% Total assets Deposits from customers OUR PURPOSE 772,402 M€ 447,646 M€ Countries Branches Employees Active Clients To bring the Lo
Slide 4: A well-diversified footprint with leading franchises
BBVA Corporate Presentation | 4 | A well-diversified footprint with leading franchises BREAKDOWN BY BUSINESS AREA STRONG POSITION RANKING AND MARKET SHARE (%)2 Rest of Business South America 8% TOTAL Turkey 9% Spain SPAIN # 3 14.1% ASSETS1 52% 10% DEC.24 Mexico MEXICO # 1 25.4% 21% TURKEY # 2 18.9% R
Slide 5: About BBVA
BBVA Corporate Presentation | 5 | About BBVA Our To bring the age of opportunity Purpose to everyone Strategic Priorities Improving our clients’ Helping our clients transition financial health towards a sustainable future Our Values Reaching more clients Driving operational excellence The best and mo
Slide 6: 2024 key financial messages
BBVA Corporate Presentation | 6 | 2024 key financial messages STRONG NET INTEREST INCOME NET INTEREST INCOME TOTAL LOAN GROWTH1 1 DRIVEN BY ACTIVITY GROWTH +12.9% vs. 2023 +14.3% vs. DEC 2023 CONSTANT CONSTANT OUTSTANDING FEE INCOME NET FEES AND COMMISSIONS 2 EVOLUTION +30.8% vs. 2023 CONSTANT LEADIN
Slide 7: All-time record customer growth driven by digital
BBVA Corporate Presentation | 7 | All-time record customer growth driven by digital NEW CUSTOMERS1 (BBVA GROUP, MILLION; % ACQUISITION THROUGH DIGITAL CHANNELS) DIGITAL TOTAL 66% DIGITAL 21% 2019 2020 2021 2022 2023 2024 ACTIVE CLIENTS2 52.6 M 77.2 M (1) Gross customer acquisition through own channe
Slide 8: Positive impact on society through our activity
BBVA Corporate Presentation | 8 | Positive impact on society through our activity BBVA GROUP LOAN GROWTH1 +14.3 INCLUSIVE GROWTH % FINANCING 4 (YOY, CONSTANT €) 160,000 FAMILIES BOUGHT 715,000 SMEs AND 70,000 LARGER CORPORATES 22 €BN MOBILIZED IN 2024 THEIR HOME2 SELF - EMPLOYED INVESTED IN GROWTH3
Slide 9: Sustainability is a huge business opportunity
BBVA Corporate Presentation | 9 | Sustainability is a huge business opportunity AVERAGE PROGRESS IN DECARBONIZATION SUSTAINABLE BUSINESS TARGETS (€ BILLION, CLIMATE CHANGE AND INCLUSIVE GROWTH) (SYNTHETIC INDICATOR) 99 70 50 35 18 20 12 2022 2024 2026 2018 2019 2020 2021 2022 2023 2024 Actual progre
Slide 10: 4Q24 Results
BBVA Presentación Institucional | 10 | 4Q24 Results
Slide 11: 2024 Profit & Loss
BBVA Corporate Presentation | 11 | 2024 Profit & Loss BBVA GROUP (€M) Change 12M24/12M23 12M24 % const. % Net Interest Income 25,267 13 9 Net Fees and Commissions 7,988 31 27 Net Trading Income 3,913 91 79 Other Income & Expenses -1,686 -22 -16 Gross Income 35,481 25 20 Operating Expenses -14,193 18
Slide 12: 4Q24 Profit & Loss
BBVA Corporate Presentation | 12 | 4Q24 Profit & Loss BBVA GROUP (€M) Change Change 4Q24/4Q23 4Q24/3Q24 4Q24 % const. % % const. % Net Interest Income 6,406 10 22 6 9 Net Fees and Commissions 2,234 27 32 9 17 Net Trading Income 983 14 31 -15 -6 Other Income & Expenses -303 22 19 n.s. n.s. Gross Incom
Slide 13: Business Areas: Spain and Mexico
BBVA Corporate Presentation | 13 | Business Areas SPAIN MEXICO (€M 2024. CHANGE IN % vs. 2023) (CONSTANT €M 2024. CHANGE IN % vs. 2023) OPERATING INCOME NET ATTRIBUTABLE PROFIT OPERATING INCOME NET ATTRIBUTABLE PROFIT 6,140 €M 3,784 €M 10,689 €M 5,447 €M 2024 vs. 2023 2024 vs. 2023 Net Interest Inco
Slide 14: Business Areas: Turkey and South America
BBVA Corporate Presentation | 14 | Business Areas TURKEY SOUTH AMERICA (€M 2024. CHANGE IN % vs. 2023) (€M 2024. CHANGE IN % vs. 2023) OPERATING INCOME NET ATTRIBUTABLE PROFIT OPERATING INCOME NET ATTRIBUTABLE PROFIT 2,101 €M 611 €M 2,838 €M 635 €M 2024 vs. 2023 Net Attributable Profit 2024 vs. 2023
Slide 15: Business Areas: Corporate & Investment Banking
BBVA Corporate Presentation | 15 | Business Areas OTHER INFORMATION: CORPORATE & INVESTMENT BANKING BUSINESS ACTIVITY CLIENT’S REVENUE RESULTS (CONSTANT €M CHANGE vs 2023) (CONSTANT €M CHANGE vs. 2023) (CONSTANT €M CHANGE vs. 2023) GROSS INCOME LENDING 5,180 €M +27% 93€Bn +22.8% 5,832 €M +26,5% OPER
Slide 16: We have clearly outperformed our ambitious 2021-2024 Investor Day goals
BBVA Corporate Presentation | 16 | We have clearly outperformed our ambitious 2021-2024 Investor Day goals COST-TO-INCOME ROTE1 TBV + DIVIDENDS (%) (%) (€/SHARE, %) 45.2 CAGR 2021-2024 12.0 2021-24 CAGR NEW TARGET CUSTOMERS2 SUSTAINABLE BUSINESS (MILLION CUMULATIVE) (€ BILLION, CUMULATIVE SINCE 2018
Slide 17: 2024 Takeaways
BBVA Corporate Presentation | 17 | 2024 Takeaways Significant progress in Delivering exceptional Growing our franchise the execution of our value creation for our with industry-leading strategy centered on stakeholders profitability and innovation, digitization efficiency and sustainability Net Attribu
Slide 18: Annex
BBVA Presentación Institucional | 18 | Annex
Slide 19: BBVA had significant growth since 1995
BBVA Corporate Presentation | 19 | BBVA had significant growth since 1995 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 (
Slide 20: BBVA's shareholders structure (Dec.24)
BBVA Corporate Presentation | 20 | BBVA’s shareholders structure (Dec.24) # BBVA SHARES # SHAREHOLDERS 5,763 M 714,069 Shareholders Shares NUMBER OF SHARES Amount % Amount % Up to 500 307,402 43.0 56,461,642 1.0 501 to 5,000 318,708 44.6 565,418,920 9.8 Retail 5,001 to 10,000 47,392 6.6 332,153,648
Slide 21: Organizational chart
BBVA Corporate Presentation | 21 | 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 Sp
Slide 22: BBVA
BBVA