BBVA在2024年前九個月的強勁業績取決於核心收入（淨利息）的增長 收入和佣金），主要受貸款活力（同比增長11％）的支持。墨西哥（按固定歐元計算爲+12.3％）和西班牙（+1.5％）脫穎而出，特別關注消費品、信用卡和中小企業細分市場，這些細分市場都是 增長均超過兩國的投資組合平均水平。截至9月，BBVA向中小企業和個體經營者提供了52萬筆新貸款，以促進他們的業務，超過11.5萬個家庭通過該銀行的融資獲得了房屋。 同樣，有70,000家大公司可以從BBVA獲得融資來投資增長。此外，該小組致力於 €160億美元用於資助包容性增長項目，例如 建造醫院或社會住房。

除非另有說明，否則每個主要標題的演變和損益表的變化 下文描述的是恒定匯率。換句話說，它們沒有考慮到貨幣波動。

在損益帳戶的頂部， 網 利息收入（NII） 達到了 €由於活動的增加，今年前九個月爲188.6億，同比增長14％。該項目在所有業務領域都有增長 但土耳其除外，儘管如此，它在對土耳其的貢獻方面還是很突出的 佣金 線。在集團層面，淨費用和佣金增長了32％，至 €5.75 億， 由支付系統和資產管理驅動。

構成銀行業核心收入的淨利息收入和淨費用及佣金的總和, 突破 €246.1億美元，與2023年同期相比增長18％。

淨交易收入（NTI） 截至9月，同比增長146％ €29.3億美元，主要是由全球市場部門的貢獻和貨幣套期保值的積極表現推動的， 尤其是墨西哥披索。

在其他營業收入和支出方面（€-4600 萬 直到 9 月 vs €-1.73 億 一年前），保險業務的良好發展， 對單一清算基金（SRF）的捐款的終止以及土耳其惡性通貨膨脹的影響有所降低，這有助於抵消阿根廷惡性通貨膨脹的更大影響，以及特別銀行稅的支付（€-285 億， 記錄於 24 年第 1 季度）。

綜上所述， 總收入 累計同比增長29％， €26.16 億。

大白鯊還在 陽性，與 運營費用 同比增長17％，至 €10.19 億美元。支出增長遠低於BBVA所在國家的平均通貨膨脹率 運營（21％）¹）。再加上穩健的總收入，促使效率比率提高了429個點子，爲38.9％，是迄今爲止的最佳讀數。 營業收入 發佈了增長39％

¹ 過去12個月的平均通貨膨脹率按運營支出加權，不包括委內瑞拉。

同比百分比，至 €截至9月，爲159.7億美元。

9月底，金融資產的減值比去年同期增長了37％，這是由於人們更加關注金融資產減值 零售產品（近年來盈利能力最高的產品）的增長以及某些地理區域的經濟週期時機。但是，與6月份相比，風險指標保持穩定，符合預期：截至目前 9月，累計風險成本爲1.42％，不良貸款率和承保率分別爲3.3％和75％。

BBVA 發佈了一條記錄 淨應占利潤 的 €76.2 億美元來自 1月至9月，同比增長44％（按當前歐元計算增長28％）。

這一結果使BBVA得以將其盈利能力提高到 一直以來 高等級：投資回報率 達到19.2％，ROTE達到20.1％，遠高於西班牙同行的平均水平² 和歐洲³ （14.5％） 到2024年6月底，分別爲13.7％）。

這種盈利能力是在保持穩健資本狀況的同時實現的：滿負荷的CET1 該比率在24年第三季度增加了9個點子，至12.84％，遠高於集團的目標區間 (11.5-12 百分比）。

在 此外，BBVA爲其股東創造的穩健價值脫穎而出。有形賬面價值加上每股股息爲 €9月底爲9.47，同比增長16％ 早些時候。

該銀行維持有吸引力的股東分配政策，包括分配全年利潤的40％至50％， 將現金分紅與股票回購相結合，並堅定地承諾分配任何超過12％的多餘資本⁴ （目標範圍的上限）。實際上，在 10月10日，BBVA支付了總現金中期股息，而2024年的收益爲 €每股0.29美元（與去年相比增長81％），爲歷史最高水平。這相當於支付了 幾乎 €17億現金。

8.5百萬新客戶

BBVA的戰略以創新、數字化和可持續發展爲基礎，繼續取得成果。它補充說，在今年的前九個月中 850 萬新客戶，其中 67% 是通過數字渠道加入的。

² 西班牙同行集團：Bankinter、Caixabank、Sabadell、 桑坦德和尤尼卡哈。

³ 歐洲同行集團：巴克萊、法國巴黎銀行、Caixabank、Credit Agricole、德意志銀行、匯豐銀行、

荷蘭國際集團、Intesa Sanpaolo、勞埃德銀行、北歐銀行、桑坦德銀行、興業銀行和聯合信貸銀行。

⁴ 以《巴塞爾四號協議》滿負荷的CET1比率爲基礎，尚待監管部門批准。

Likewise, BBVA channeled about €71 billion in sustainable business through September, which totaled some €276 billion since 2018, very close to the €300 billion target set for 2025.

Business areas

In Spain, lending grew 1.5 percent yoy, on the back of new production in all portfolios. Consumer and cards, and mid-sized companies showed greater activity (both posting yoy growth of about 5 percent). Customer resources improved by 6 percent with relevant increases in

time deposits (+17 percent), mutual funds and pensions (+14 percent). The area’s earnings were very positive through September, driven by solid NII (+19 percent yoy) and net fees and commissions (+7 percent). Cost-containment efforts in operating expenses (only +5 percent yoy), together with growth in core revenues, contributed to an improvement of 545 basis points in the efficiency ratio over the past 12 months -to a figure below 35 percent-, boosting operating income by 33 percent. Net attributable profit stood at €2.87 billion through September, up 38 percent from the same period last year. In 3Q24, the area posted once again a record profit above the €1 billion mark (€1.08 billion, +23 percent yoy). As for risk indicators, both the NPL ratio and the accumulated cost of risk remained stable in the quarter, at 3.9 percent and 0.38 percent, respectively. The coverage ratio improved to 56 percent (+2 percentage points vs June 30).

In Mexico, lending activity maintained momentum (+12 percent yoy), with greater dynamism in the retail segment (consumer, cards and SMEs). Customer resources increased by 15 percent, driven mostly by demand deposits and mutual funds⁵. Growth in all income lines, and particularly in the more recurring ones, with yoy increases of 7 percent in NII and 13.5 percent in net fees and commissions, boosted gross income by 11 percent yoy. This helped offset a 9 percent growth in operating expenses due to new hirings and higher technology expenses, maintaining positive jaws. Improvements in efficiency continued, with the ratio standing slightly below the 30 percent mark. Despite an increase in loan-loss provisions (+29 percent yoy), net attributable profit from January to September reached an all-time high of €4.19 billion (+6 percent yoy), on the back of a strong business momentum in the most profitable segments amidst the updated macroeconomic outlook. In

3Q24, the accumulated cost of risk rose to 3.43 percent, the NPL ratio stood at 2.72 percent and the coverage ratio improved slightly to 121 percent.

In Turkey, lending in Turkish liras grew by 47 percent yoy, very much in line with the evolution of resources in local currency (+44 percent) and inflation. Likewise, foreign currency loans increased by 17 percent vs a year ago, driven by greater activity from clients focused on foreign trade⁵. Turkey posted a net attributable profit of €433 million through September 2024, which compares favorably with the result from the same period a year earlier (+18.5 percent in current euros). Growth in net fees and commissions was noteworthy -mainly in payments, brokerage activity, guarantees and asset management- as well as a lower adjustment for hyperinflation compared to the same period of the previous year, thanks to a more moderate inflation. The cost of risk continued its normalization path, in line with expectations, standing at 1.12 percent at the end of September (from 0.84 percent at the end of June). Also, the coverage ratio was 87 percent and the NPL ratio stood at 3.62 percent.

In South America, lending activity (+14 percent yoy) and customer resources (+26 percent) stood out. The good performance of revenues was noteworthy. However, in the current economic cycle in the region, loan-loss provisions increased and Argentina saw a higher adjustment for hyperinflation. Still, the area posted a net attributable profit of €471 million through September, down 3.4 percent from a year earlier (in current euros). As for risk indicators in the region, the NPL ratio remained virtually stable compared to June, at 5.0 percent, while the coverage ratio stood at 80 percent and the accumulated cost of risk was 2.87 percent.