Strong Financial Performance
BBVA reported a net attributable profit of EUR 2,698 million, a 23% increase compared to the same quarter last year and 10.9% higher than the previous quarter. Earnings per share increased by 24% year-over-year.
Impressive Profitability Metrics
Return on tangible equity reached 20.2% and return on equity reached 19.3%, positioning BBVA as one of the most profitable banks in Europe.
Robust Capital Position
The CET1 fully loaded capital ratio improved by 21 basis points during the quarter, reaching 13.09%, well above target range and regulatory requirements.
Record Customer Acquisition
BBVA acquired a record 2.9 million new customers in the quarter, with 66% joining through digital channels.
Sustainable Business Growth
BBVA reached EUR 29 billion in sustainable business in the quarter, with a target to channel EUR 700 billion between 2025 and 2029.