Banco Bilbao Vizcaya Argentaria, S.A. (BME:BBVA)

BME:BBVA Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	55,224	42,141	29,134	20,244	18,357
Interest Income on Investments	6,555	5,827	2,421	2,946	4,169
Total Interest Income	61,779	47,968	31,555	23,190	22,526
Interest Paid on Deposits	33,824	22,998	11,125	8,329	7,797
Interest Paid on Borrowings	2,570	1,762	1,183	-	-
Total Interest Expense	36,394	24,760	12,308	8,329	7,797
Net Interest Income	25,385	23,208	19,247	14,861	14,729
Net Interest Income Growth (YoY)	9.38%	20.58%	29.51%	0.90%	-7.61%
Income From Trading Activities	2,458	1,352	562	341	777
Gain (Loss) on Sale of Assets	-3	50	-119	-16	437
Gain (Loss) on Sale of Investments	740	417	105	856	88
Gain (Loss) on Sale of Equity Investments	40	26	21	1	-39
Other Non-Interest Income	8,617	6,454	6,454	5,547	4,297
Total Non-Interest Income	11,872	8,340	7,031	6,756	5,666
Non-Interest Income Growth (YoY)	42.35%	18.62%	4.07%	19.24%	-3.36%
Revenues Before Loan Losses	37,257	31,548	26,278	21,617	20,395
Provision for Loan Losses	5,687	4,386	3,303	3,017	5,160
Revenue	31,570	27,162	22,975	18,600	15,235
Revenue Growth (YoY)	16.23%	18.22%	23.52%	22.09%	-16.91%
Salaries and Employee Benefits	7,659	6,530	5,601	5,046	4,695
Occupancy Expenses	1,533	1,403	1,328	1,234	1,288
Selling, General & Administrative	4,520	3,924	3,403	2,902	3,105
Other Non-Interest Expense	501	666	506	1,271	754
Total Non-Interest Expense	14,213	12,523	10,838	10,453	9,842
EBT Excluding Unusual Items	17,357	14,639	12,137	8,147	5,393
Asset Writedown	14	-42	28	-180	-144
Legal Settlements	-191	-171	-210	-135	-
Other Unusual Items	-1,775	-2,007	-1,687	-585	-
Pretax Income	15,405	12,419	10,268	7,247	5,249
Income Tax Expense	4,830	4,003	3,505	1,909	1,459
Earnings From Continuing Operations	10,575	8,416	6,763	5,338	3,790
Earnings From Discontinued Operations	-	-	-	280	-1,729
Minority Interest in Earnings	-521	-397	-405	-965	-756
Net Income	10,054	8,019	6,358	4,653	1,305
Preferred Dividends & Other Adjustments	388	345	313	359	-
Net Income to Common	9,666	7,674	6,045	4,294	1,305
Net Income Growth	25.38%	26.13%	36.64%	256.55%	-62.84%
Basic Shares Outstanding	5,769	5,954	6,189	6,401	9,321
Diluted Shares Outstanding	5,769	5,954	6,189	6,401	9,321
Shares Change (YoY)	-3.11%	-3.80%	-3.31%	-31.33%	40.21%
EPS (Basic)	1.68	1.29	0.98	0.67	0.14
EPS (Diluted)	1.68	1.29	0.98	0.67	0.14
EPS Growth	30.00%	31.96%	45.60%	379.17%	-69.91%
Dividend Per Share	0.700	0.550	0.430	0.310	0.059
Dividend Growth	27.27%	27.91%	38.71%	425.42%	-77.31%
Effective Tax Rate	31.35%	32.23%	34.13%	26.34%	27.80%

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.