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-456000000 0 0 -2216000000 -513000000 -11128000000 -30362000000 51145000000 75416000000 40017000000 45055000000 6155000000 6714000000 26657000000 29205000000 7205000000 9135000000 0 0 40017000000 45055000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:24.45pt">Introduction, basis for the presentation of the condensed interim consolidated financial statements and other information</span><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">1.1    Introduction</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Banco Bilbao Vizcaya Argentaria, S.A. (hereinafter “the Bank”, “BBVA" or "BBVA, S.A.") is a private-law entity subject to the laws and regulations governing banking entities operating in Spain. It carries out its activity through branches and agencies across the country and abroad.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Bylaws and other public information are available for inspection at the Bank’s registered address (Plaza San Nicolás, 4, Bilbao) as noted on its web site (www.bbva.com).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the activities it carries out directly, the Bank heads a group of subsidiaries, joint ventures and associates which perform a wide range of activities and which together with the Bank constitute the Banco Bilbao Vizcaya Argentaria Group (hereinafter, “the Group” or “the BBVA Group”). In addition to its own separate financial statements, the Bank is required to prepare consolidated financial statements comprising all consolidated subsidiaries of the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The consolidated financial statements of the BBVA Group for the year ended December 31, 2024 were authorized for issue on February 21, 2025.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.45pt">Basis for the presentation of the condensed interim consolidated financial statements</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s condensed interim consolidated financial statements (hereinafter, the “Consolidated Financial Statements”) as of and for the six months ended June 30, 2025 are presented in accordance with the International Accounting Standard 34 “Interim Financial Reporting” (hereinafter “IAS 34”), adopted by the European Union (“EU-IFRS”), and with IFRS-IASB (International Financial Reporting Standards as issued by the International Accounting Standards Board) and have been approved by the Board of Directors at its meeting held on July 30, 2025. In accordance with IAS 34, the interim financial information is prepared solely for the purpose of updating the last annual consolidated financial statements, focusing on new activities, events and circumstances that occurred during the period without duplicating the information previously published in those consolidated financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Therefore, the Consolidated Financial Statements do not include all information required by a complete set of consolidated financial statements prepared in accordance with EU-IFRS. Consequently, for an appropriate understanding of the information included in them, they should be read together with the consolidated financial statements of the Group as of and for the year ended December 31, 2024. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The aforementioned annual consolidated financial statements are presented in compliance with IFRS-IASB (International Financial Reporting Standards as issued by the International Accounting Standards Board), as well as in accordance with the EU-IFRS applicable as of December 31, 2024, considering the Bank of Spain Circular 4/2017, as well as its successive amendments, and any other legislation governing financial reporting which </span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">was, as of the date of preparation of such consolidated financial statements,</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> applicable and with the format and mark-up requirements established in the EU Delegated Regulation 2019/815 of the European Commission.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Consolidated Financial Statements were prepared applying principles of consolidation, accounting policies and valuation criteria, which, as described in Note 2, are the same as those applied in the consolidated financial statements of the Group as of and for the year ended December 31, 2024, except for the new Standards and Interpretations applicable from January 1, 2025 (see Note 2.1), so that they present fairly the Group’s consolidated equity and financial position as of June 30, 2025, together with the consolidated results of its operations and the consolidated cash flows generated by the Group during the six months ended June 30, 2025. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Consolidated Financial Statements and Notes were prepared on the basis of the accounting records kept by the Bank and each of the other entities in the Group. They include the adjustments and reclassifications required to harmonize the accounting policies and valuation criteria used by the entities in the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All effective accounting standards and valuation criteria with a significant effect on the Consolidated Financial Statements were applied in their preparation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts reflected in the Consolidated Financial Statements are presented in millions of euros, unless it is more appropriate to use smaller units. Therefore, some items that appear without a balance in these Consolidated Financial Statements are due to how the units are expressed. Also, in presenting amounts in millions of euros, the accounting balances have been rounded up or down. It is therefore possible that the totals appearing in some tables are not the exact arithmetical sum of their component figures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The percentage changes in amounts have been calculated using figures expressed in thousands of euros.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When determining the information to disclose about various items of the Consolidated Financial Statements, the Group, in accordance with IAS 34, has taken into account their materiality in relation to the consolidated financial statements.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">1.3     Seasonal nature of income and expense</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The nature of the most significant activities carried out by the BBVA Group’s entities is mainly related to typical activities carried out by financial institutions, and are not significantly affected by seasonal factors within the same year.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">1.4    Responsibility for the information and for the estimates made</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The information contained in the BBVA Group’s Consolidated Financial Statements is the responsibility of the Group’s Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Estimates were required to be made at times when preparing these Consolidated Financial Statements in order to calculate the recorded or disclosed amount of some assets, liabilities, income, expense and commitments. These estimates relate mainly to the following:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Loss allowances on certain financial assets (see Notes 6, 12, 13 and 15).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The assumptions used in the valuation of insurance and reinsurance contracts (see Note 22), to quantify certain provisions (see Note 23) and for the actuarial calculation of post-employment benefit liabilities and other commitments (see Note 24).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The useful life and impairment losses of tangible and intangible assets and impairment losses of non-current assets held for sale (see Notes 16, 17 and 20).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The valuation of goodwill and price allocation of business combinations (see Note 17).</span></div><div style="margin-bottom:8pt;margin-top:8pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The fair value of certain unlisted financial assets and liabilities (see Notes 6, 7, 9, 10, 11 and 12).</span></div><div style="margin-bottom:8pt;margin-top:8pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The recoverability of deferred tax assets (see Note 18) and the forecast of corporate tax expense.</span></div><div style="margin-bottom:12pt;margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, the BBVA Group is working to consider and include how climate risk and other climate-related matters can affect the financial statements, cash flows and financial performance of the Group within the models used for the relevant estimations. These estimates and judgments are being considered when preparing the financial statements of the BBVA Group and, where relevant, they are mentioned in the corresponding Notes to the Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The prevailing geopolitical and economic uncertainties (see Note 6.1) entail a greater complexity in developing reliable estimations and applying judgment. Estimates have been made on the basis of the best available information on the matters analyzed, as of June 30, 2025. However, it is possible that events may take place subsequent to such date which could make it necessary to amend these estimations (upward or downward), which would be carried out prospectively, recognizing the effects of the change in estimation in the corresponding consolidated financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the six-month period ended June 30, 2025 there have been no significant changes in the estimates made as of December 31, 2024, other than those indicated in these Consolidated Financial Statements.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.95pt">Principles of consolidation, accounting policies, measurement bases applied and recent IFRS pronouncements and interpretations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting policies and methods applied for the preparation of the Consolidated Financial Statements do not differ significantly to those applied in the consolidated financial statements of the Group for the year ended December 31, 2024 (as set forth in Note 2 thereto), except for the application of the requirements of IFRS 9 in relation to accounting hedge relationships as of January 1, 2025 (see Note 2.3). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group decided to transition to the IFRS 9 accounting framework for micro-hedge accounting starting from January 1, 2025. This decision is motivated by the fact that this option is better aligned with the BBVA Group’s risk management strategy. IFRS 9 introduces changes compared to IAS 39 in various areas, such as hedged items, hedging instruments, accounting for the time value of options and forward elements, hedge rebalancing, and hedge effectiveness assessment, which facilitate and broaden the range of transactions to which hedge accounting can be applied.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has adapted its accounting policies and processes to the new regulations. A procedure has been established to document the requirements for recognizing an economic hedge as a hedge accounting measure, such as clear identification of the hedged items and hedging instruments, an assessment of the hedge’s effectiveness, and supporting evidence of the entity’s intention to manage its risk through these instruments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of this accounting policy has not had any significant impact on the Group’s Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the accounting of macro-hedging relationships, the Group maintains the criteria established in IAS 39.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standards that came into effect on January 1, 2025, as well as the standards issued by the International Accounting Standards Board (hereinafter, "IASB") but not yet in force as of June 30, 2025, are listed below. The most notable standards are:</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.95pt">Principles of consolidation, accounting policies, measurement bases applied and recent IFRS pronouncements and interpretations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting policies and methods applied for the preparation of the Consolidated Financial Statements do not differ significantly to those applied in the consolidated financial statements of the Group for the year ended December 31, 2024 (as set forth in Note 2 thereto), except for the application of the requirements of IFRS 9 in relation to accounting hedge relationships as of January 1, 2025 (see Note 2.3). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group decided to transition to the IFRS 9 accounting framework for micro-hedge accounting starting from January 1, 2025. This decision is motivated by the fact that this option is better aligned with the BBVA Group’s risk management strategy. IFRS 9 introduces changes compared to IAS 39 in various areas, such as hedged items, hedging instruments, accounting for the time value of options and forward elements, hedge rebalancing, and hedge effectiveness assessment, which facilitate and broaden the range of transactions to which hedge accounting can be applied.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has adapted its accounting policies and processes to the new regulations. A procedure has been established to document the requirements for recognizing an economic hedge as a hedge accounting measure, such as clear identification of the hedged items and hedging instruments, an assessment of the hedge’s effectiveness, and supporting evidence of the entity’s intention to manage its risk through these instruments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of this accounting policy has not had any significant impact on the Group’s Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the accounting of macro-hedging relationships, the Group maintains the criteria established in IAS 39.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standards that came into effect on January 1, 2025, as well as the standards issued by the International Accounting Standards Board (hereinafter, "IASB") but not yet in force as of June 30, 2025, are listed below. The most notable standards are:</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.45pt">Standards and interpretations that became effective in the first six months of 2025</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendment to - IAS 21 "Effects of changes in foreign exchange rates"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On August 15, 2023, the IASB issued a series of amendments to IAS 21 - The effect of changes in foreign exchange rates. The standard has a double objective, on the one hand to provide guidance on when one currency is convertible into another and, on the other hand, how to determine the exchange rate to be used in accounting when it is concluded that such convertibility does not exist.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In relation to the first objective, one currency is convertible into another when an entity can obtain the other currency within a time frame that allows for a normal administrative delay; and through markets or exchange mechanisms in which an exchange transaction creates enforceable rights and obligations. If the entity determines that there is no convertibility between currencies, it must estimate an exchange rate. The standard does not establish a specific estimation technique for them, but rather establishes guidelines for their determination, allowing the use of an observable type without adjusting or using an estimation technique.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The modification to the standard entered into force on January 1, 2025. The standard has not had an impact on the BBVA Group's consolidated financial statements.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">2.2    Standards and interpretations issued but not yet effective as of</span><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%"> </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">June 30, 2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following new International Financial Reporting Standards together with their Interpretations or Modifications had been published at the date of preparation of the Consolidated Financial Statements, which are not mandatory as of June 30, 2025. Although in some cases the IASB allows early adoption before their effective date, the BBVA Group has not proceeded with this option for any such new standards.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">IFRS 18 - "Presentation and Disclosures in Financial Statements"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On April 9, 2024, the IASB issued IFRS 18 "Presentation and Disclosures in Financial Statements" which introduces new requirements to improve the quality of information presented in financial statements and to promote analysis, transparency and comparability of companies' performance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, IFRS 18 introduces three predefined expense categories (operating, investing, financing) and two subtotals ("operating profit" and "profit before financing and income taxes") to provide a consistent structure in the income statement and facilitate the analysis of the income statement. Additionally, it introduces disclosure requirements for management-defined performance measures (MPM). Finally, it establishes requirements and provides guidance on aggregation/disaggregation of the information to be provided in the primary financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will come into force on January 1, 2027, with early application permitted once it is adopted by the European Union.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Amendments to the classification and measurement of financial instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 30, 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to clarify how to assess the contractual cash flow characteristics of financial assets that include contingent features such as environmental, social and governance (ESG). Additionally, they clarify that a financial liability should be derecognized on the 'settlement date' and introduce an accounting policy option to derecognize before that date financial liabilities that are settled using an electronic payment system. Finally, additional disclosures are required in IFRS 7 for financial instruments with contingent characteristics and equity instruments classified at fair value through other comprehensive income.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments will come into force on January 1, 2026, although early application is permitted because they have already been adopted by the European Union. No significant impact on the BBVA Group's financial statements is expected.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">IFRS 19 "Subsidiaries without Public Accountability: Disclosures"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 9, 2024, the IASB issued IFRS 19 "Subsidiaries without Public Accountability: Disclosures" which allows certain eligible entities to elect to apply the reduced disclosure requirements of IFRS 19 while continuing to apply the requirements of recognition, valuation and presentation of other IFRS accounting standards. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will enter into force on January 1, 2027, allowing early application once it is adopted by the European Union. In the Group there are no eligible entities within the scope of this standard, so no significant impact on the BBVA Group's financial statements is expected.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Contracts that refer to nature-dependent electricity</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 18, 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to address the accounting for contracts for the purchase and sale of renewable electricity, called Power Purchase Agreements. The amendments include guidance on the “own use” exemption for purchasers of electricity and requirements to apply hedge accounting on these arrangements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments will come into force on January 1, 2026, although they can be applied earlier as they have been adopted by the European Union as of June 30, 2025. No significant impact on the BBVA Group's financial statements is expected.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.17pt">IFRS 9 “Financial Instruments”</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Transition to IFRS 9 for accounting for micro hedges</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 1, 2018, IFRS 9, which replaced IAS 39 with respect to the classification and measurement of financial assets and liabilities, credit impairment, and hedge accounting, came into force. However, the Group chose to continue applying IAS 39 for hedge accounting, as permitted by IFRS 9, pending the approval of a new accounting standard on macro hedges. On January 1, 2025, the Group decided to transition to the new IFRS 9 accounting framework for micro-hedge accounting. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Given the lack of a specific regulatory framework for macro hedges in IFRS 9, the Group continues to apply the current framework established under IAS 39 for macro hedge accounting. Thus, from January 1, 2025, the Group will apply simultaneously two standards with common characteristics (IAS 39 for macro hedges and IFRS 9 for micro hedges) until the IASB concludes the project to develop a specific framework for macro hedge accounting, known as the IFRS 9. Dynamic Risk Management (DRM) Project.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of the accounting policy for accounting for micro hedges in accordance with the requirements set out in IFRS 9 has not had any significant impact on the Group 's Consolidated Financial Statements.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">“Derivatives – Hedge Accounting” and “Fair value changes of the hedged items in portfolio hedges of interest rate risk”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With the aim of improving the alignment between risk management and its presentation in the financial statements, the Group has decided to apply IFRS 9 for micro hedge accounting instead of IAS 39 as from January 1, 2025. Previously, until the transition date, the Group was applying IAS 39 for micro hedge accounting.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses hedging derivatives as a tool for managing financial risks, mainly interest rate risk and exchange rate risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To cover these risks, the Group uses, among others, the following hedging instruments:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Interest rate derivatives to convert interest rate exposures into fixed or variable rates.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Foreign exchange derivatives to convert foreign currency exposures to the entity’s currency and net investment exposures to the local currency.</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In some hedging relationships, the Group additionally designates inflation risk as a contractually specified component of a debt instrument (e.g., inflation-linked bonds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these economic hedges to be recognized as hedge accounting, they must meet certain requirements established under both IAS 39 and IFRS 9. These requirements include clear identification of the hedged items and hedging instruments, an assessment of the hedge's effectiveness over time, and adequate documentation supporting the Group’s intention to manage its risk through these instruments. Only when these criteria are met can financial derivatives be accounted for as hedge accounting, allowing for an accounting treatment that more accurately reflects the Group’s risk management strategy (see Note 14).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Hedge accounting maintains a similar recording scheme under both IAS 39 and IFRS 9. Hedge ineffectiveness, defined as the difference between the change in value of the hedging instrument and the hedged item in each period, attributable to the hedged risk, is recorded in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income) (see Notes 14 and 35).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IAS 39, hedge effectiveness is assessed both retrospectively and prospectively, ensuring that it remains within a range of 80% to 125%. However, IFRS 9 eliminates the strict 80%-125% effectiveness range requirement, allowing qualitative prospective assessments if there is an economic relationship between the hedged item and the hedging instrument, and credit risk does not exert a dominant effect on changes in the value of either the hedged item or the hedging instrument. BBVA has chosen to continue applying the 80%-125% effectiveness range as a measure for assessing hedge effectiveness, and may rebalance the hedge without discontinuing hedges if this range is not maintained, as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variations that occur, after the designation of the hedge, in the valuation of the financial instruments designated as hedged items and the financial instruments designated as accounting hedging instruments, are recorded as follows: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In fair value hedges, the differences in the fair value of the derivative and the hedged instrument attributable to the hedged risk are recognized directly under "Gains (losses) from hedge accounting, net" in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income), using as a counterpart the consolidated balance sheet items in which the hedging element ("Derivatives - Hedge accounting") or the hedged element is recorded, as applicable (see Note 32).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In fair value hedges of interest rate risk on a portfolio of financial instruments (“macro hedges”), the gains or losses arising from the measurement of the hedging instrument are recognized directly in the consolidated income statement with a counter-entry under the headings “Derivatives – Hedge accounting” and the gains or losses arising from the change in the fair value of the hedged item (attributable to the hedged risk) are also recorded in the consolidated income statement (in both cases, under the heading “Gains (losses) from hedge accounting, net”), using as a counter-entry the heading "Fair value changes of the hedged items in portfolio hedges of interest rate risk" in the asset or liability sections of the consolidated balance sheet, depending on the nature of the hedged item.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In cash flow hedges, the valuation differences arising from the effective portion of the hedged items are temporarily recorded under "Accumulated other comprehensive income - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)" in the consolidated balance sheet, with a counterpart entry under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These differences are recognized in the consolidated income statement when the gain or loss on the hedged item is recognized in profit or loss, when the planned transactions are executed, or on the maturity date of the hedged item. Almost all of the Group’s cash flow hedges relate to interest rate and inflation hedges of financial instruments, so the amount recorded in other comprehensive income will be reclassified to "Interest and other income" or "Interest expense" in the consolidated income statement (see Note 32).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The differences in the value of the hedging instrument corresponding to the ineffective portion of cash flow hedging transactions are recorded directly under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 35).</span></div><div style="margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In hedges of net investments in foreign operations, valuation differences arising from the effective portion of the hedged items are temporarily recorded under "Accumulated other comprehensive income - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion)" in the consolidated balance sheet, with a countervailing entry under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These valuation differences are recognized in the consolidated income statement when the foreign investment is disposed of or removed from the consolidated balance sheet (see Note 35).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The other relevant new features introduced by IFRS 9 and applicable from January 1, 2025, are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It provides flexibility in the items that can be hedged (for example, it enables the hedging of net positions, aggregate positions, and specific risk components in non-financial items).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It introduces the accounting treatment of “cost of hedging”, allowing components of hedging instruments such as forward elements, the time value of options, or the base spread to be excluded from the hedge. These values can be recognized in other comprehensive income, thereby reducing volatility in the consolidated income statement.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It allows for the rebalancing of hedges without the need for discontinuations in hedge accounting as the relationship between the hedging instrument and the hedged item is adjusted.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">For fair value hedges on equity instruments recorded at fair value through other comprehensive income, the differences in the fair value of the derivative are recorded in “Accumulated other comprehensive income,” thereby minimizing the impact on profit or loss for the period.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.45pt">Standards and interpretations that became effective in the first six months of 2025</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendment to - IAS 21 "Effects of changes in foreign exchange rates"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On August 15, 2023, the IASB issued a series of amendments to IAS 21 - The effect of changes in foreign exchange rates. The standard has a double objective, on the one hand to provide guidance on when one currency is convertible into another and, on the other hand, how to determine the exchange rate to be used in accounting when it is concluded that such convertibility does not exist.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In relation to the first objective, one currency is convertible into another when an entity can obtain the other currency within a time frame that allows for a normal administrative delay; and through markets or exchange mechanisms in which an exchange transaction creates enforceable rights and obligations. If the entity determines that there is no convertibility between currencies, it must estimate an exchange rate. The standard does not establish a specific estimation technique for them, but rather establishes guidelines for their determination, allowing the use of an observable type without adjusting or using an estimation technique.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The modification to the standard entered into force on January 1, 2025. The standard has not had an impact on the BBVA Group's consolidated financial statements.</span></div> <div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">2.2    Standards and interpretations issued but not yet effective as of</span><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%"> </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">June 30, 2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following new International Financial Reporting Standards together with their Interpretations or Modifications had been published at the date of preparation of the Consolidated Financial Statements, which are not mandatory as of June 30, 2025. Although in some cases the IASB allows early adoption before their effective date, the BBVA Group has not proceeded with this option for any such new standards.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">IFRS 18 - "Presentation and Disclosures in Financial Statements"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On April 9, 2024, the IASB issued IFRS 18 "Presentation and Disclosures in Financial Statements" which introduces new requirements to improve the quality of information presented in financial statements and to promote analysis, transparency and comparability of companies' performance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, IFRS 18 introduces three predefined expense categories (operating, investing, financing) and two subtotals ("operating profit" and "profit before financing and income taxes") to provide a consistent structure in the income statement and facilitate the analysis of the income statement. Additionally, it introduces disclosure requirements for management-defined performance measures (MPM). Finally, it establishes requirements and provides guidance on aggregation/disaggregation of the information to be provided in the primary financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will come into force on January 1, 2027, with early application permitted once it is adopted by the European Union.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Amendments to the classification and measurement of financial instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 30, 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to clarify how to assess the contractual cash flow characteristics of financial assets that include contingent features such as environmental, social and governance (ESG). Additionally, they clarify that a financial liability should be derecognized on the 'settlement date' and introduce an accounting policy option to derecognize before that date financial liabilities that are settled using an electronic payment system. Finally, additional disclosures are required in IFRS 7 for financial instruments with contingent characteristics and equity instruments classified at fair value through other comprehensive income.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments will come into force on January 1, 2026, although early application is permitted because they have already been adopted by the European Union. No significant impact on the BBVA Group's financial statements is expected.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">IFRS 19 "Subsidiaries without Public Accountability: Disclosures"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 9, 2024, the IASB issued IFRS 19 "Subsidiaries without Public Accountability: Disclosures" which allows certain eligible entities to elect to apply the reduced disclosure requirements of IFRS 19 while continuing to apply the requirements of recognition, valuation and presentation of other IFRS accounting standards. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will enter into force on January 1, 2027, allowing early application once it is adopted by the European Union. In the Group there are no eligible entities within the scope of this standard, so no significant impact on the BBVA Group's financial statements is expected.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Contracts that refer to nature-dependent electricity</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 18, 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to address the accounting for contracts for the purchase and sale of renewable electricity, called Power Purchase Agreements. The amendments include guidance on the “own use” exemption for purchasers of electricity and requirements to apply hedge accounting on these arrangements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments will come into force on January 1, 2026, although they can be applied earlier as they have been adopted by the European Union as of June 30, 2025. No significant impact on the BBVA Group's financial statements is expected.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.17pt">IFRS 9 “Financial Instruments”</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Transition to IFRS 9 for accounting for micro hedges</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 1, 2018, IFRS 9, which replaced IAS 39 with respect to the classification and measurement of financial assets and liabilities, credit impairment, and hedge accounting, came into force. However, the Group chose to continue applying IAS 39 for hedge accounting, as permitted by IFRS 9, pending the approval of a new accounting standard on macro hedges. On January 1, 2025, the Group decided to transition to the new IFRS 9 accounting framework for micro-hedge accounting. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Given the lack of a specific regulatory framework for macro hedges in IFRS 9, the Group continues to apply the current framework established under IAS 39 for macro hedge accounting. Thus, from January 1, 2025, the Group will apply simultaneously two standards with common characteristics (IAS 39 for macro hedges and IFRS 9 for micro hedges) until the IASB concludes the project to develop a specific framework for macro hedge accounting, known as the IFRS 9. Dynamic Risk Management (DRM) Project.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of the accounting policy for accounting for micro hedges in accordance with the requirements set out in IFRS 9 has not had any significant impact on the Group 's Consolidated Financial Statements.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">“Derivatives – Hedge Accounting” and “Fair value changes of the hedged items in portfolio hedges of interest rate risk”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With the aim of improving the alignment between risk management and its presentation in the financial statements, the Group has decided to apply IFRS 9 for micro hedge accounting instead of IAS 39 as from January 1, 2025. Previously, until the transition date, the Group was applying IAS 39 for micro hedge accounting.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses hedging derivatives as a tool for managing financial risks, mainly interest rate risk and exchange rate risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To cover these risks, the Group uses, among others, the following hedging instruments:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Interest rate derivatives to convert interest rate exposures into fixed or variable rates.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Foreign exchange derivatives to convert foreign currency exposures to the entity’s currency and net investment exposures to the local currency.</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In some hedging relationships, the Group additionally designates inflation risk as a contractually specified component of a debt instrument (e.g., inflation-linked bonds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these economic hedges to be recognized as hedge accounting, they must meet certain requirements established under both IAS 39 and IFRS 9. These requirements include clear identification of the hedged items and hedging instruments, an assessment of the hedge's effectiveness over time, and adequate documentation supporting the Group’s intention to manage its risk through these instruments. Only when these criteria are met can financial derivatives be accounted for as hedge accounting, allowing for an accounting treatment that more accurately reflects the Group’s risk management strategy (see Note 14).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Hedge accounting maintains a similar recording scheme under both IAS 39 and IFRS 9. Hedge ineffectiveness, defined as the difference between the change in value of the hedging instrument and the hedged item in each period, attributable to the hedged risk, is recorded in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income) (see Notes 14 and 35).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IAS 39, hedge effectiveness is assessed both retrospectively and prospectively, ensuring that it remains within a range of 80% to 125%. However, IFRS 9 eliminates the strict 80%-125% effectiveness range requirement, allowing qualitative prospective assessments if there is an economic relationship between the hedged item and the hedging instrument, and credit risk does not exert a dominant effect on changes in the value of either the hedged item or the hedging instrument. BBVA has chosen to continue applying the 80%-125% effectiveness range as a measure for assessing hedge effectiveness, and may rebalance the hedge without discontinuing hedges if this range is not maintained, as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variations that occur, after the designation of the hedge, in the valuation of the financial instruments designated as hedged items and the financial instruments designated as accounting hedging instruments, are recorded as follows: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In fair value hedges, the differences in the fair value of the derivative and the hedged instrument attributable to the hedged risk are recognized directly under "Gains (losses) from hedge accounting, net" in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income), using as a counterpart the consolidated balance sheet items in which the hedging element ("Derivatives - Hedge accounting") or the hedged element is recorded, as applicable (see Note 32).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In fair value hedges of interest rate risk on a portfolio of financial instruments (“macro hedges”), the gains or losses arising from the measurement of the hedging instrument are recognized directly in the consolidated income statement with a counter-entry under the headings “Derivatives – Hedge accounting” and the gains or losses arising from the change in the fair value of the hedged item (attributable to the hedged risk) are also recorded in the consolidated income statement (in both cases, under the heading “Gains (losses) from hedge accounting, net”), using as a counter-entry the heading "Fair value changes of the hedged items in portfolio hedges of interest rate risk" in the asset or liability sections of the consolidated balance sheet, depending on the nature of the hedged item.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In cash flow hedges, the valuation differences arising from the effective portion of the hedged items are temporarily recorded under "Accumulated other comprehensive income - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)" in the consolidated balance sheet, with a counterpart entry under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These differences are recognized in the consolidated income statement when the gain or loss on the hedged item is recognized in profit or loss, when the planned transactions are executed, or on the maturity date of the hedged item. Almost all of the Group’s cash flow hedges relate to interest rate and inflation hedges of financial instruments, so the amount recorded in other comprehensive income will be reclassified to "Interest and other income" or "Interest expense" in the consolidated income statement (see Note 32).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The differences in the value of the hedging instrument corresponding to the ineffective portion of cash flow hedging transactions are recorded directly under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 35).</span></div><div style="margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">In hedges of net investments in foreign operations, valuation differences arising from the effective portion of the hedged items are temporarily recorded under "Accumulated other comprehensive income - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion)" in the consolidated balance sheet, with a countervailing entry under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These valuation differences are recognized in the consolidated income statement when the foreign investment is disposed of or removed from the consolidated balance sheet (see Note 35).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The other relevant new features introduced by IFRS 9 and applicable from January 1, 2025, are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It provides flexibility in the items that can be hedged (for example, it enables the hedging of net positions, aggregate positions, and specific risk components in non-financial items).</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It introduces the accounting treatment of “cost of hedging”, allowing components of hedging instruments such as forward elements, the time value of options, or the base spread to be excluded from the hedge. These values can be recognized in other comprehensive income, thereby reducing volatility in the consolidated income statement.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">It allows for the rebalancing of hedges without the need for discontinuations in hedge accounting as the relationship between the hedging instrument and the hedged item is adjusted.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">For fair value hedges on equity instruments recorded at fair value through other comprehensive income, the differences in the fair value of the derivative are recorded in “Accumulated other comprehensive income,” thereby minimizing the impact on profit or loss for the period.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.84pt">BBVA Group </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group is an international diversified financial group with a significant presence in retail banking, wholesale banking and asset management. The Group also operates in the insurance sector.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following information is detailed in the Appendices to the consolidated financial statements of the Group for the year ended December 31, 2024:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Appendix I shows relevant information related to the consolidated subsidiaries and structured entities.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Appendix II shows relevant information related to investments in joint ventures and associates accounted for using the equity method.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Appendix III shows the main changes and notification of investments and divestments in the BBVA Group.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Appendix IV shows fully consolidated subsidiaries with more than 10% owned by non-Group shareholders.</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s activities are mainly located in Spain, Mexico, Turkey and South America, with an active presence in other areas of Europe, the United States and Asia (see Note 5).</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Significant transactions in the first six months of 2025 and the year 2024</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the first six months of 2025 and during the year 2024 no significant or relevant corporate transactions have been completed, without prejudice to the voluntary tender offer for the acquisition of all of the issued shares of Banco de Sabadell, S.A.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Other relevant additional information</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Announcement of the voluntary tender offer for the acquisition of all of the issued shares of Banco de Sabadell, S.A.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On April 30, 2024, due to a media report, BBVA published an inside information notice (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">información privilegiada</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) stating that it had informed the chairman of the Board of Directors of Banco de Sabadell, S.A. (the "Target Company") of the interest of BBVA’s Board of Directors in initiating negotiations to explore a possible merger between the two entities. On the same date, BBVA sent to the chairman of the Target Company the written proposal for the merger of the two entities. The content of the written proposal sent to the Board of Directors of the Target Company was published on May 1, 2024, by BBVA through the publication of an inside information notice (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">información privilegiada</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) with the CNMV.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 6, 2024, the Target Company published an inside information notice (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">información privilegiada</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) informing of the rejection of the proposal by its Board of Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Following such rejection, on May 9, 2024, BBVA announced, through the publication of an inside information notice</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt"> (información privilegiada)</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> (the “Prior Announcement”), the decision to launch an exchange offer (the “Exchange Offer”) for the acquisition of all of the issued and outstanding shares of the Target Company. The consideration offered by BBVA to the shareholders of the Target Company after the adjustments implemented thereto in October, 2024, March, 2025 and April, 2025 as a result of the interim and final dividends paid by both companies against their respective 2024 financial year results, consists of one (1) newly issued ordinary share of BBVA and €0.70 in cash for each five point three four five six (5.3456) ordinary shares of the Target Company, subject to certain further adjustments in the event of future dividend distributions as set forth in the Prior Announcement. As provided in the Prior Announcement, as a consequence of the cash interim dividend against 2025 results announced by Banco Sabadell on July 24, 2025, in the gross amount of €0.07 per share, to be paid on August 29, 2025, BBVA will adjust once again the consideration offered. From the ex-dividend date of said distribution, the consideration will be one (1) newly issued ordinary share of BBVA and €0.70 in cash for each five point five four eight three (5.5483) ordinary shares of Banco Sabadell.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Pursuant to the provisions of Royal Decree 1066/2007, of July 27, 2007, on the rules governing tender offers (“Royal Decree 1066/2007”), the Exchange Offer is subject to mandatory clearance by the CNMV. Additionally, pursuant to the provisions of Law 10/2014 and Royal Decree 84/2015, the acquisition by BBVA of control of the Target Company resulting from the Exchange Offer is subject to the duty of prior notification to the Bank of Spain and the obtention of the non-opposition of the European Central Bank (“ECB”) (which requirement was satisfied on September 5, 2024, as described below). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, completion of the Exchange Offer is also subject to the satisfaction of the conditions specified in the Prior Announcement, in particular (i) the acceptance of the Exchange Offer by a number of shares that allows BBVA to acquire at least more than half of the effective voting rights of the Target Company at the end of the Exchange Offer acceptance period (therefore excluding the treasury shares that the Target Company may hold at that time) as this condition was amended by BBVA in accordance with the inside information notice </span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">(información privilegiada)</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> dated January 9, 2025, (ii) approval by BBVA’s General Shareholders’ Meeting of the increase of BBVA’s share capital through the issue of new ordinary shares with non-cash contributions in an amount that is sufficient to cover the consideration in shares offered to the shareholders of the Target Company (which condition was satisfied on July 5, 2024, as described below), (iii) in accordance with the provisions of article 26.1 of the Royal Decree 1066/2007, the authorization of the economic concentration resulting from the Exchange Offer by the Spanish antitrust authorities (a condition that was satisfied on June 30, 2025, as described below), and (iv) the authorization of the indirect acquisition of control of the Target Company’s banking subsidiary in the United Kingdom, TSB Bank PLC, by the United Kingdom Prudential Regulation Authority (“PRA”) (which condition was satisfied on September 2, 2024, as described below).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On July 5, 2024, BBVA’s Extraordinary General Shareholders’ Meeting approved to authorize the increase of BBVA’s share capital in an amount of up to €551,906,524.05 through the issuance of up to 1,126,339,845 newly-issued BBVA shares to be offered to the holders of the Target Company shares pursuant to the Exchange Offer. On March 21, 2025, BBVA’s Ordinary General Shareholders’ Meeting approved the renewal of such resolution for its exercise within a one (1) year period from such date. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On September 3, 2024, BBVA announced that it had received on September 2, 2024 the authorization from the PRA for BBVA’s indirect acquisition of control of TSB Bank PLC, the Target Company’s banking subsidiary in the United Kingdom, as a result of the Exchange Offer. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On September 5, 2024, BBVA announced that it received the decision of non-opposition from the ECB to BBVA’s taking control of the Target Company, as a result of the Exchange Offer. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On April 30, 2025, the Spanish National Markets and Competition Authority announced its decision to authorize the economic concentration resulting from the Exchange Offer (the “CNMC Resolution”), subject to compliance by BBVA with certain commitments aimed at ensuring financial inclusion, territorial cohesion, protection for vulnerable customers and lending to small and medium-sized enterprises (SMEs) and self-employed customers (the “CNMC Commitments”). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The CNMC Commitments generally have a duration of three years (except for certain specific commitments with a different duration) beginning on the date that BBVA designates a majority of the Target Company’s board of directors (other than, only with respect to BBVA, certain commitments aimed at preserving its physical presence in certain territories and the maintenance of the commercial terms and conditions of certain products and services already contracted, which entered into force on the date the CNMC Resolution became effective on June 24, 2025). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with Article 58 of Law 15/2007, of July 3, on the defense of competition on May 27, 2025, the Spanish Ministry of Economy, Trade and Business notified BBVA of its decision to refer to the Council of Ministers the CNMC Resolution for review on the grounds of general interest other than competition. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Council of Ministers issued a decision on June 24, 2025 authorizing the economic concentration resulting from completion of the Exchange Offer subject to an additional condition aimed at protecting the following general interest concerns, other than those relating to the defense of competition: (i) ensuring an adequate maintenance of the objectives of the sectoral regulation linked to support for growth and business activity; (ii) protection of workers; (iii) territorial cohesion; (iv) social policy objectives related to the social work of their respective foundations, financial consumer protection and affordable housing; and (v) promotion of research and technological development (the “Council of Ministers’ Authorization”). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Council of Ministers’ Authorization requires, at least for a period of three years from June 24, 2025, that BBVA and the Target Company maintain separate legal personality and shareholders’ equity and preserve its respective autonomy in the management of its operations with the aim of protecting the general interest concerns identified above (the “Autonomy Condition”). The Autonomy Condition must be materialized, at least, in the maintenance of autonomous management and decision-making in the respective entities, with a view to maximizing the value of each entity. Following such three-year period, the Spanish Secretary of State for Economy and Business Support (Secretaría de Estado de Economía y Apoyo a la Empresa) will evaluate the efficacy of the Autonomy Condition and the Council of Ministers will determine whether to extend the Autonomy Condition for an additional period of two years.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Council of Ministers’ Authorization also confirmed the CNMC Commitments.</span></div> The Council of Ministers’ Authorization finalized the merger control proceedings in Spain, with BBVA having the right to withdraw the Exchange Offer pursuant to the provisions of Article 26.1(c) of Royal Decree 1066/2007, as the authorization was subject to conditions. On June 30, 2025, BBVA publicly announced its decision not to withdraw the exchange offer as a result of the Council of Ministers’ Authorization. As a result, the condition requiring the obtainment of the authorization of the economic concentration resulting from completion of the Exchange Offer is considered satisfied. The specific terms of the Exchange Offer will be set out in the Spanish prospectus and the relevant U.S. offer to exchange/prospectus. <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.24pt">Shareholder remuneration system</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Annual General Shareholders’ Meeting of BBVA held on March 21, 2025 approved, under item 1.3 of the Agenda, a cash distribution against the 2024 results as a final dividend for the 2024 fiscal year, for an amount equal to €0.41 (€0.3321 net of withholding tax) per outstanding BBVA share entitled to participate in this distribution, which was paid on April 10, 2025. The total amount paid, excluding treasury shares held by the Group’s companies, amounted to approximately €2,360 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, on January 30, 2025, BBVA announced a share repurchase program for an amount of €993 million, which is pending execution in its entirety as of the date of these Consolidated Financial Statements.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:22.02pt">Operating segment reporting</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating segment reporting represents a basic tool for monitoring and managing the different activities of the BBVA Group. In preparing the information by operating segment, the starting point is the lowest-level units, which are aggregated in accordance with the organizational structure determined by the Group's Management to create higher-level units and, finally, the reportable operating segments themselves.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025, the structure of the information by operating segment reported by the BBVA Group remains the same as that of the closing of 2024 financial year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group's operating areas or segments are summarized below:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Spain includes mainly the banking, insurance and asset management businesses that the Group carries out in Spain.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Mexico includes banking, insurance and asset management businesses in this country as well as the activity that BBVA Mexico carries out through its agency in Houston. </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Turkey reports the activity of Garanti BBVA group that is mainly carried out in this country and, to a lesser extent, in Romania and the Netherlands. </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">South America includes banking, financial, insurance and asset management activity that are carried out mainly in Argentina, Chile, Colombia, Peru, Uruguay and Venezuela.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Rest of business mainly incorporates the wholesale activity carried out in Europe (excluding Spain), the United States, and the BBVA branches located in Asia.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Corporate Center performs centralized Group functions, including: the costs of the head offices with a corporate function for the consolidated BBVA Group, management of structural exchange rate positions; certain portfolios, such as financial and industrial holdings or stakes in Funds &amp; Investment Vehicles in tech companies; certain tax assets and liabilities; funds for employee commitments; goodwill and other intangible assets, as well as the financing of such portfolios and assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the BBVA Group’s total assets by operating segment and the Corporate Center as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TOTAL GROUP ASSETS BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 ⁽¹⁾</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419,097</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411,620</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165,647</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,470</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,482</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,782</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,616</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,997</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Business</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,167</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,534</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtotal assets by operating segments</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">808,010</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">803,404</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate Center and adjustments</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,035)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,002)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">776,974</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772,402</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth the main margins and profit by operating segment and the Corporate Center for the six months ended June 30, 2025 and 2024:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:33.049%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.017%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAIN MARGINS AND PROFIT BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="21" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Operating Segments</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">South America</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest of Business</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Corporate Center and adjustments </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,607</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,230</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,511</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,307</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,382</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">376</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(199)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,034</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,016</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,349</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,409</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,714</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">831</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(285)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit /(loss) before tax</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,424</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,105</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,581</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">932</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">977</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(564)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Attributable profit (loss) ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,447</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,144</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,578</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">421</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">304</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(411)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2024 ⁽²⁾</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,993</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,184</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,968</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,075</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">335</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(174)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,446</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,592</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,910</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,892</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,639</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(274)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit /(loss) before tax</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,780</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,572</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,938</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">914</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">625</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">313</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(582)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Attributable profit (loss) ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,858</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(541)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the BBVA Group’s total assets by operating segment and the Corporate Center as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TOTAL GROUP ASSETS BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 ⁽¹⁾</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419,097</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411,620</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165,647</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,470</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,482</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,782</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,616</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,997</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Business</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,167</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,534</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtotal assets by operating segments</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">808,010</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">803,404</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate Center and adjustments</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,035)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,002)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">776,974</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772,402</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group.</span></div> 419097000000 411620000000 165647000000 168470000000 82482000000 82782000000 70616000000 73997000000 70167000000 66534000000 808010000000 803404000000 -31035000000 -31002000000 776974000000 772402000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth the main margins and profit by operating segment and the Corporate Center for the six months ended June 30, 2025 and 2024:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:33.049%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.689%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.017%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAIN MARGINS AND PROFIT BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="21" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Operating Segments</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">South America</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest of Business</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Corporate Center and adjustments </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,607</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,230</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,511</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,307</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,382</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">376</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(199)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,034</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,016</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,349</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,409</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,714</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">831</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(285)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit /(loss) before tax</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,424</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,105</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,581</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">932</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">977</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(564)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Attributable profit (loss) ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,447</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,144</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,578</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">421</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">304</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(411)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2024 ⁽²⁾</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,993</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,184</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,968</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,075</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">335</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(174)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,446</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,592</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,910</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,892</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,639</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(274)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit /(loss) before tax</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,780</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,572</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,938</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">914</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">625</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">313</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(582)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Attributable profit (loss) ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,858</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(541)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group.</span></div> 12607000000 3230000000 5511000000 1307000000 2382000000 376000000 199000000 18034000000 5016000000 7349000000 2409000000 2714000000 831000000 -285000000 8424000000 3105000000 3581000000 932000000 977000000 394000000 -564000000 5447000000 2144000000 2578000000 412000000 421000000 304000000 -411000000 12993000000 3184000000 5968000000 605000000 3075000000 335000000 174000000 17446000000 4592000000 7910000000 1892000000 2639000000 686000000 -274000000 7780000000 2572000000 3938000000 914000000 625000000 313000000 -582000000 4994000000 1769000000 2858000000 351000000 317000000 240000000 -541000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.42pt">Risk management</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The principles and risk management policies, as well as tools and procedures established and implemented in the Group as of June 30, 2025 do not differ significantly from those included in Note 7 of the consolidated financial statements of the Group for the year ended December 31, 2024.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:16.99pt">Risk factors</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has processes in place for identifying risks and analyzing scenarios in order to enable the Group to manage risks in a dynamic and proactive way.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk identification processes are forward looking to seek the identification of emerging risks and take into account the concerns of both the business areas, which are close to the reality of the different geographical areas, and the corporate areas and senior management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Risks are identified and measured consistently using the methodologies deemed appropriate in each case. Their measurement includes the design and application of scenario analyses and stress testing and considers the controls to which the risks are subjected. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As part of this process, a forward projection of the Risk Appetite Framework (hereinafter, "RAF") variables in stress scenarios is conducted in order to identify possible deviations from the established thresholds. If any such deviations are detected, measures are taken to seek to keep the variables within the target risk profile. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this context, there are a number of emerging risks that could affect the evolution of the Group’s business, including the below and those mentioned in Note 7.1 to the consolidated financial statements of the Group for the year ended December 31, 2024: </span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Macroeconomic and geopolitical risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is sensitive to economic conditions and the institutional environment of the countries in which it operates, and the Group is exposed to sovereign debt especially in Spain, Mexico and Turkey.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The global economy is undergoing significant changes due to, among other reasons, the policies of the U.S. administration. Uncertainty surrounding their consequences is exceptionally high, substantially increasing geopolitical, economic and financial risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recent significant increase in U.S. tariffs on imports has triggered financial market volatility, reinforcing global-wide risks. The level and duration of these tariffs, and uncertainty in connection therewith, could negatively impact the world economy, worsening the prospects for the macroeconomic environment. As a result of adopted or announced tariffs, global growth could decelerate significantly. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">While fiscal stimulus and monetary easing measures could partially offset the impact of trade protectionism, particularly in the Eurozone, where significant public spending increases have been announced, the impact of higher U.S. tariffs could be amplified by the adoption of retaliatory measures by other countries, sustained uncertainty, weakening confidence levels and financial volatility, among other factors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Increased tariffs also raise the risk of inflation in the United States, which has contributed to the Federal Reserve’s decision to keep interest rates unchanged in recent months and limited the scope for rate cuts in 2025. In the Eurozone, limited inflationary pressures have allowed the ECB to reduce the deposit facility rate to 2.0% in June 2025. While an additional rate cut is possible in the second half of 2025, the ECB may instead choose to keep rates unchanged.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Beyond higher import tariffs, tighter U.S. controls on migration flows could also affect the labor market, add to inflationary pressures and weigh on economic growth. The U.S. administration’s fiscal, regulatory, industrial and foreign policies, among others, could likewise contribute to financial and macroeconomic volatility.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Amid heightened uncertainty over U.S. policies and large fiscal deficits, the U.S. risk premium has recently increased, pushing up long-term sovereign yields and weakening the U.S. dollar. These developments could also spark episodes of volatility, especially given the high debt levels in both developed and emerging economies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Rising trade protectionism and the growing U.S.-China rivalry could further heighten geopolitical tensions, especially against the backdrop of ongoing conflicts in Ukraine and in the Middle East. In response to these risks and the changes in the foreign policy of the U.S. administration, the European Union has adopted measures to increase military spending, which could support growth, while also adding to upward pressures on inflation and interest rates in the region.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Overall, rising global geopolitical tensions increase uncertainty around the outlook for the world economy and the likelihood of economic and financial disruptions, including an economic recession.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is exposed, among others, to the following general risks related to the economic and institutional environment in the countries where it operates: changes in economic activity, including potential recession scenarios; inflationary pressures that could lead to tightening of monetary conditions; stagflation triggered by intense or prolonged supply shocks, including as a result of a protectionist escalation or a sharp rise in oil and gas prices; exchange rate volatility; adverse developments in real estate markets; changes in the institutional environment of the countries where the Group operates, which could lead to sudden and pronounced GDP contractions and/or shifts in regulatory or government policy, including capital controls, dividend restrictions, or the imposition of new taxes or levies; high levels of public debt or external deficits, which could lead to sovereign credit rating downgrades or defaults or debt restructurings; the impact of policies adopted by the current U.S. administration, about which significant uncertainty remains; and episodes of financial market volatility, such as those seen recently, that could result in significant losses for the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain, political, regulatory, and economic conditions may have a negative impact on activity. In Mexico, there is considerable uncertainty regarding the impact of recently approved constitutional and institutional reforms, and the policies of the U.S. administration have already adversely affected the country’s economy and deteriorated its prospects. In Turkey, despite the gradual improvement in macroeconomic conditions, the situation remains relatively unstable, marked by pressure on the Turkish lira, high inflation, a significant trade deficit, relatively low central bank foreign exchange reserves, and high external financing costs. Recent political and social tensions and the geopolitical situation in the Middle East could also trigger new episodes of financial volatility and macroeconomic risks. In Argentina, despite the improved prospects for the economy following significant fiscal, monetary and exchange rate adjustments, the risk of economic and financial turmoil persists. Lastly, in Colombia and Peru, climate-related factors, political tensions, and a deterioration of public finances could weigh on economic performance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any of these factors may have a significant adverse effect on the Group’s business, financial condition and results of operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For additional information on the impact of the macroeconomic scenarios used in the estimation of expected credit loss, see Note 6.2.3 "Measurement of Expected Credit Loss (ECL)".</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Regulatory and reputational risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial institutions are exposed to a complex and ever-changing regulatory environment defined by governments and regulators. Regulatory activity in recent years has affected multiple areas, including changes in accounting standards; strict regulation of capital, liquidity and remuneration; bank charges and taxes on financial transactions; regulations affecting mortgages, banking products and consumers and users; recovery and resolution measures; stress tests; prevention of money laundering and terrorist financing; market abuse; conduct in the financial markets; anti-corruption; and requirements as to the periodic publication of information. Governments, regulatory authorities and other institutions continually make proposals to strengthen the resistance of financial institutions to future crises. Further, there is an increasing focus on the climate-related financial risk management capabilities of banks. Any change in the Group’s business that is necessary to comply with any particular regulations at any given time, especially in Spain, Mexico or Turkey, could lead to a considerable loss of income, limit the Group’s ability to identify business opportunities, affect the valuation of its assets, force the Group to increase its prices and, therefore, reduce the demand for its products, impose additional costs on the Group or otherwise adversely affect its business, financial condition and results of operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial sector is under ever closer scrutiny by regulators, governments and society itself. In the course of activities, situations which might cause relevant reputational damage to the Group could arise and might affect the regular course of business.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">New business and operational risks and legal risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">New technologies and forms of customer relationships: Developments in the digital world and in information technologies pose significant challenges for financial institutions, entailing threats (new competitors, disintermediation, etc.) but also opportunities (new framework of relations with customers, greater ability to adapt to their needs, new products and distribution channels, etc.).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Digital transformation is a priority for the Group which includes among its objectives the development of advanced 'Next Gen' technological capabilities, artificial intelligence, and the continuous improvement of the customer experience. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Technological risks and security breaches: The Group is exposed to new threats such as cyber-attacks, theft of internal and customer databases, fraud in payment systems, etc. that require major investments in security from both the technological and human point of view. The Group gives great importance to the active operational and technological risk management and control. Any attack, failure or deficiency in the Group’s systems could, among other things, lead to the misappropriation of funds of the Group’s clients or the Group itself and the unauthorized disclosure, destruction or use of confidential information, as well as prevent the normal operation of the Group and impair its ability to provide services and carry out its internal management. In addition, any attack, failure or deficiency could result in the loss of customers and business opportunities, damage to computers and systems, violation of regulations regarding data protection and/or other regulations, exposure to litigation, fines, sanctions or interventions, loss of confidence in the Group’ s security measures, damage to its reputation, reimbursements and compensation, and additional regulatory compliance expenses and could have a significant adverse impact on the Group’ s business, financial condition and results of operations. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Legal risks: The financial sector faces an environment of increasing regulatory and litigious pressure, and thus, the various Group entities are frequently party to individual or collective judicial proceedings (including class actions) resulting from their activity and operations, as well as arbitration proceedings. The Group is also party to government procedures and investigations, such as those carried out by the antitrust authorities in certain countries which, among other things, have in the past and could in the future result in sanctions, as well as lead to claims by customers and others. In addition, the regulatory framework in the jurisdictions in which the Group operates is evolving towards a supervisory approach more focused on the opening of sanctioning proceedings. In addition, some regulators are focusing their attention on consumer protection and behavioral risk. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain and in other jurisdictions where the Group operates, legal and regulatory actions and proceedings against financial institutions, prompted in part by certain judgments in favor of consumers handed down by national and supranational courts (with regards to matters such as credit cards and mortgage loans), have increased significantly in recent years and this trend could continue in the future. Legal and regulatory actions and proceedings faced by other financial institutions in relation to these and other matters, especially if such actions or proceedings result in favorable resolutions for the consumer, could also adversely affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There are also claims before Spanish courts challenging the validity of certain revolving credit card agreements. Rulings in these types of proceedings, whether against the Bank or other financial institutions, could negatively affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, in relation to the ESG area, factors that may affect these new business, operational and legal risks have been identified. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All of the above may result in a significant increase in operating and compliance costs or even a reduction of revenues, and it is possible that an adverse outcome in any proceedings (depending on the amount thereof, the penalties imposed or the procedural or management costs for the Group) could damage the Group's reputation, generate a knock-on effect or otherwise adversely affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">It is difficult to predict the outcome of legal and regulatory actions and proceedings, both those to which the Group is currently exposed and those that may arise in the future, including actions and proceedings relating to former Group subsidiaries or in respect of which the Group may have indemnification obligations. Any of such outcomes could be significantly adverse to the Group. In addition, a decision in any matter, whether against the Group or against another credit entity facing similar claims as those faced by the Group, could give rise to other claims against the Group. In addition, these actions and proceedings attract resources from the Group and may occupy a great deal of attention on part of the Group's management and employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025, the Group had €761 million in provisions for the proceedings it is facing (included in the line "Provisions for taxes and other legal contingencies" in the consolidated balance sheet) (see Note 23), of which €585 million correspond to legal contingencies and €176 million to tax related matters, without significant change since December 31, 2024. However, the uncertainty arising from these proceedings (including those for which no provisions have been made, either because the probability of an unfavorable outcome for the Group is estimated to be remote, or because it is not possible to estimate them or for other reasons) makes it impossible to guarantee that the possible losses arising from the resolution of these proceedings will not exceed, where applicable, the amounts that the Group currently has provisioned and, therefore, could affect the Group's consolidated results in a given period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a result of the above, legal and regulatory actions and proceedings currently faced by the Group or to which it may become subject in the future or which may otherwise affect the Group, whether individually or in the aggregate, if resolved in whole or in part adversely to the Group's interests, could have a material adverse effect on the Group’s business, financial condition and results of operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Spanish judicial authorities are investigating the activities of Centro Exclusivo de Negocios y Transacciones, S.L. (“Cenyt”). Such investigation includes the provision of services by Cenyt to BBVA. On July 29, 2019, BBVA was named as an investigated party (investigado) in a criminal judicial investigation (Preliminary Proceeding No. 96/2017 – Piece No. 9, Central Investigating Court No. 6 of the National High Court) for alleged facts which could constitute bribery, revelation of secrets and corruption. Certain current and former officers and employees of the Group, as well as former directors, have also been named as investigated parties in connection with this investigation. Since the beginning of the investigation, BBVA has been proactively collaborating with the Spanish judicial authorities, including sharing with the courts information obtained in the internal investigation hired by the entity in 2019 to contribute to the clarification of the facts. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">By order of the Criminal Chamber of the National High Court, the pre-trial phase ended on January 29, 2024. On June 20, 2024, the Judge issued an order authorizing the continuation of abbreviated criminal proceedings against the Bank and certain current and former officers and employees of the Bank, as well as against some former directors, for alleged facts which could constitute bribery and revelation of secrets. It is not possible at this time to predict the possible outcomes or implications for the Group of this matter, including any fines, damages or harm to the Group’s reputation caused thereby.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:14.8pt">Credit risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk arises from the probability that one party to a financial instrument will fail to meet its contractual obligations for reasons of insolvency or inability to pay and cause a financial loss for the other party. The general principles governing credit risk management in the BBVA Group, as well as the credit risk management in the Group as of June 30, 2025 do not differ significantly from those included in Note 7 of the consolidated financial statements of the Group for the year ended December 31, 2024.</span></div><div style="margin-top:2pt;text-align:justify;text-indent:18pt"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">6.2.1    Credit risk exposure</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s credit risk exposure by headings in the consolidated balance sheets as of June 30, 2025 and December 31, 2024 is provided below. It does not consider the loss allowances and the availability of collateral or other credit enhancements to ensure compliance with payment obligations. The details are broken down by category of financial instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:51.569%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.682%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.569%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,957</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">980</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,107</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,239</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,612</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,582</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">535,357</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">490,913</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,278</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,166</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,973</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,936</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,368</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,359</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438,285</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,887</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,267</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,131</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">725,481</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">294,337</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">285,528</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,156</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">653</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211,381</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205,577</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,645</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,273</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,273</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">857</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,682</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,678</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019,818</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:51.569%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.682%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.569%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,945</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,229</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,115</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,639</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,315</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,309</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">514,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">467,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,930</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,246</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,070</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,887</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,658</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">710,757</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253,291</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,150</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188,515</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,830</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,524</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,503</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,513</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">798</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,948</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,828</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">439</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972,990</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and stage of the maximum credit risk exposure, the accumulated allowances recorded and the carrying amount of the loans and advances to customers at amortized cost as of June 30, 2025 and December 31, 2024 is shown below:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:13.267%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.940%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.805%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain ⁽¹⁾</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246,968</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224,330</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,223</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,414</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,760)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(530)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(617)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,613)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">242,207</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">223,800</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,606</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,801</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,852</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,971</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,363</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,518</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,136)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,244)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(609)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,283)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,716</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,727</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,754</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,235</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey ⁽²⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,191</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,114</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,795)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(236)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,229)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,046</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">886</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America ⁽³⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,396</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,209</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,070</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,921)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(367)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(261)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,292)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,475</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,855</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">778</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,228</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,185</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,184</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ⁽⁴⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438,285</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,887</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,267</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,131</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,621)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,378)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,818)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,425)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">391,508</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,449</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,706</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,379)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(332)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,027)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,243)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,359)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,487)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,397)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all the countries where BBVA, S.A. operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all the countries in which Garanti BBVA operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, BBVA Group operates in Argentina, Colombia, Peru and Uruguay. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of June 30, 2025, the remaining balance was €86 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize.</span></div><div style="margin-bottom:3pt;margin-top:10pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.677%"><tr><td style="width:1.0%"></td><td style="width:13.247%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.936%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain ⁽¹⁾</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,185</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,969</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,637</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,579</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,684)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(631)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,510)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,501</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,426</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,006</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,069</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,717</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,053</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,147</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,517</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,055)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,210)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(542)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,303)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,662</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,843</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,605</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey ⁽²⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,083</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,708</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,534</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,151)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,299</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,465</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,144</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">690</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America ⁽³⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,897</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,204</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,262</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,079)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(393)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(283)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,403)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,818</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,811</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">860</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,197</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ⁽⁴⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,837</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,532)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(321)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,197)</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,079)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,376)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,526)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,177)</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all the countries where BBVA, S.A. operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all the countries in which Garanti BBVA operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, the BBVA Group operates in Argentina, Colombia, Peru and Uruguay.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024, the remaining balance was €</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by counterparty and product of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by type of product, classified in different headings of the assets as of June 30, 2025 and December 31, 2024 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:23.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.669%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,708</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,213</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,944</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,203</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,258</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,653</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,915</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,993</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">971</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">176</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,347</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,424</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,045</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,298</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,732</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,211</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,443</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,195</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,461</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,459</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,341</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,400</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,614</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155,091</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365,224</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373,980</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">492</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,659</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,668</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">978</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,383</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,448</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,725</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,220</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,430</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,389</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198,714</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">182,706</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,183</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">471,828</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">235</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">675</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,094</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,329</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">128,333</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,953</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,109</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,007</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">621</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,988</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,752</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,478</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,715</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,840</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,210</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,210</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,786</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,940</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,940</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,046</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:23.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.669%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,140</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,099</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,521</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,268</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,449</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,721</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,669</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,077</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,244</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,247</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,023</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,672</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,364</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,422</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,803</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,519</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,529</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,771</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,167</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151,313</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347,102</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356,002</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,960</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,365</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,084</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">353</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,330</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,397</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,719</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,497</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,579</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">179,610</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">443,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,399</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">245</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">680</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,307</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,627</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,860</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,633</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,628</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">530</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,996</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,648</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,861</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,129</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,447</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,218</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,901</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of guarantees received as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GUARANTEES RECEIVED (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of collateral</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,941</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,844</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,959</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,318</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees impaired risks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,352</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,562</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of other guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,189</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,589</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,633</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,273</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees impaired risks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,146</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total value of guarantees received</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205,130</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,433</span></td></tr></table></div><div style="margin-top:2pt;text-align:justify;text-indent:18pt"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">6.2.2    Impaired loans </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of loans and advances, within the heading “Financial assets at amortized cost”, including their gross carrying amount, impaired loans and advances, and accumulated impairment, by counterparties as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:49.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,237</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,368</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,412</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">202,542</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,883</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,016)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190,093</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,218</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,565)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">471,384</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,131</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,645)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:49.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the six months ended June 30, 2025, and the year ended December 31, 2024 of impaired financial assets (financial assets and guarantees given) are as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,362</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,082</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,255</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decreases ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,442)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,346)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net additions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,640</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,909</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts written-off</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,287)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,559)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(585)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(820)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,659</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">6.2.3    Measurement of Expected Credit Loss (ECL)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025, the models for calculating expected losses used by the Group to prepare the attached Consolidated Financial Statements do not differ significantly from those detailed in Note 7 to the consolidated financial statements of the Group for the year ended December 31, 2024, except for the update of the macroeconomic scenarios, as such models have incorporated its estimated impact on economic activity and the main economic indicators for the first half of 2025. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Research forecasts a maximum of five years for the macroeconomic variables. The following estimates for the next five years of the Gross Domestic Product (GDP) growth, of the unemployment rate and of the House Price Index (HPI), for the most relevant countries where it represents a significant factor, are determined by BBVA Research and have been used at the time of the calculation of the ECL as of June 30, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.39 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.00 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.00 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.19 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.99 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.01 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.91 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.22 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.88 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.07 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.59 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.68 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.64 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.13 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.30 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.55 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.85 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.16 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.82 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.32 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.52 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.02 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.36 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.93 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.43 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.31 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.92 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.55 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.53 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.83 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.86 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.42 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.75 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.48 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ESTIMATE OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.45)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.02 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.65 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.23 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.01 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.85 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.90 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.37 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.60 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.62 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.45 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.48 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.30 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.41 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.85 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.00 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.31 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.91 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.34 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.19 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.25 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.06 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.66 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.26 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.23 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.60 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.93 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.14 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.56 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.16 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.16 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.12 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.29 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.07 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.17 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.42 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:9.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.417%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.417%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.56 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.84)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.71 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.26 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.42)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.19 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.90 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.51)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.63 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.12 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.62 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.91)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.10)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.94)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.82 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.78)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.38 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.07)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.91)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.44 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.47 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.63 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.45)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.13 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.12)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.47 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.52 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.35 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.05 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.26 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.47 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.46)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.09 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.18 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.83 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.28)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.98 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.58 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.72)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.38 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.61 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.47)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.62 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.34)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.31 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.63 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.69 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Sensitivity to macroeconomic scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A sensitivity exercise has been carried out on the expected losses due to variations in the key hypotheses as they are the ones that introduce the greatest uncertainty in estimating such losses. As a first step, GDP and the House Price Index have been identified as the most relevant variables. These variables have been subjected to shocks of +/- 100 bps in their entire window with impact on the macro models. Independent sensitivities have been assessed, under the assumption of assigning a 100% probability to each determined scenario with these independent shocks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variation in expected loss is determined both by re-staging (that is: in worse scenarios due to the recognition of lifetime credit losses for additional operations that are transferred to stage 2 from stage 1 where 12 months of losses are valued; or vice versa in improvement scenarios) as well as variations in the collective risk parameters (PD or probability of default and LGD or loss given default) of each financial instrument due to the changes defined in the macroeconomic forecasts of the scenario. The variation (with a positive amount indicating a provision and a negative amount indicating a reversal) in the expected loss for the Group and the main portfolios and geographical areas as of June 30, 2025 and December 31, 2024, is shown below:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.095%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.833%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF JUNE 30, 2025</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">178</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">161</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(165)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(148)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(30)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(107)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(104)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29 </span></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:6.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.826%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.843%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2024 </span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(145)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Estimation model and additional adjustments to expected losses measurement </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group periodically reviews its individual estimates and its models for the collective estimate of expected losses as well as the effect of macroeconomic scenarios on them. Although these updates incorporate the best information available at any given time, they may not fully reflect the most recent developments in the economic environment, especially in contexts of high uncertainty and volatility or very recent events still under development. In this regard, to estimate expected losses, what is described in Note 7 of the 2024 consolidated financial statements on individual and collective estimates of expected losses must be taken into account, as well as macroeconomic estimates and sensitivity to variations in key assumptions of macroeconomic scenarios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the Group may supplement the expected losses to account for the effects that may not be included, either by considering additional risk factors, or by the incorporation of sectorial particularities or particularities that may affect a set of operations or borrowers, following a formal internal approval process established for this purpose, including evaluation by the relevant Global Risk Management Committee (GRMC) out of all GRMC committees, as described in the general risk management and control model chapter of the 2024 Consolidated Financial Statements. As of December 31, 2024, the Group had recorded a €33 million adjustment in Spain, due to the damage caused by the Isolated Depression at High Levels (DANA by its acronym in Spanish) in different Spanish municipalities between October 28 and November 4, 2024. There was no significant variation in the adjustment during the six months ended June 30, 2025.</span></div><div style="margin-top:2pt;text-align:justify;text-indent:18pt"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">6.2.4 Loss allowances</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below are the changes in the six months ended June 30, 2025, and the year ended December 31, 2024 in the loss allowances recognized on the condensed consolidated balance sheets to cover the estimated impairment or reversal of impairment on loans and advances of financial assets at amortized cost:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CHANGES IN LOSS ALLOWANCES OF LOANS AND ADVANCES AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at the beginning of the period </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Increase in loss allowances charged to income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,004)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,646)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 1</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,120)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,021)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 2</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(813)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,677)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 3</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,071)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(7,949)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decrease in loss allowances charged to income</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,175 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,823 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 1</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,362 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 2</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">642 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,554 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 3</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,742 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,907 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfer to written-off loans, exchange differences and other</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,814 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,509 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Balance at the end of the period</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,645)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,630)</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:14.71pt">Liquidity and funding risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Liquidity and funding management at BBVA is aimed at driving the sustained growth of the banking business, through access to a wide variety of alternative sources of funding and seeking optimal term and cost conditions. BBVA's business model, risk appetite framework and funding strategy are designed to reach a solid funding structure based on stable customer deposits, mainly retail (granular). As a result of this model, deposits have a high stability in each geographical area, representing close to 55% of the financing needs in Spain and Mexico. It is important to note that, given the nature of BBVA's business, lending is mainly financed through customer funds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">One of the key elements in the BBVA Group's liquidity and funding management is the maintenance of high-quality liquidity buffers in all geographical areas. Thus, the Group has maintained during the last 12 months an average volume of high-quality liquid assets (HQLA) of €125,581 million, of which 98% corresponded to maximum quality assets (level 1 in the liquidity coverage ratio, LCR).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Due to its subsidiary-based management model, BBVA is one of the few major European banks that follows the Multiple Point of Entry (“MPE”) resolution strategy: the parent company sets the liquidity policies, but the subsidiaries are self-sufficient and responsible for managing their own liquidity and funding (taking deposits or accessing the market based on their own credit rating). This strategy is intended to limit the spread of a liquidity crisis among the Group's different areas and ensure the adequate transmission of the cost of liquidity and financing to the price formation process.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group maintains a liquidity position in every geographical area in which it operates, with ratios in excess of the minimum required:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The LCR requires banks to maintain a volume of high-quality liquid assets sufficient to withstand liquidity stress for 30 days. BBVA Group's consolidated LCR remained above 100% during the first half of 2025 and stood at 140% as of June 30, 2025. It should be noted that, given the MPE nature of BBVA, this ratio limits the numerator of the LCR for subsidiaries of BBVA S.A. to 100% of their net outflows, therefore, the resulting ratio is below that of the individual units (the LCR of the main components was 169% in BBVA, S.A., 160% in Mexico and 144% in Turkey). Without considering this restriction, the Group's LCR ratio was 168%.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The net stable funding ratio (NSFR) requires banks to maintain a stable funding profile in relation to the composition of their assets and off-balance sheet activities. The BBVA Group's NSFR ratio stood at 126% as of June 30, 2025</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main wholesale financing transactions carried out by the BBVA Group during the first half of 2025 are listed below, including a relevant transaction formalized in July.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:8.5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.147%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.437%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Issuer</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of issue</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date of issue</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nominal (millions)</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Coupon</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Early redemption</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maturity date</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" rowspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-25</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.750 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-32</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.000 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-32</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-37</span></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.125 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-30</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, in May 2025, BBVA redeemed early, in whole, a series of senior preferred notes issued in May 2023 with an aggregate principal amount of €1 billion; in March 2025, it redeemed in full a USD 1 billion of Contingent Convertible Preferred Securities (AT1) series issued in 2019; and, in January 2025, it redeemed early, in whole, a €1 billion Tier 2 series issued in January 2020. In addition, on June 25, 2025, BBVA announced that the Board of Directors of BBVA has approved an issue of an AT1 series for a maximum amount of €1.5 billion (pending execution as at 30 June 2025). The specific terms of this issue will be communicated by BBVA at the time it is decided, if applicable, to carry out its execution.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Mexico issued in February 2025 USD 1 billion of Tier 2 subordinated debt with a coupon of 7.625%, and maturity in February 2035 (with an early redemption date in February 2030). In March 2025, an issue was made in the local market for 15 billion Mexican pesos, in two tranches, the first, BBVAMX 25, was placed for a term of three and a half years with a variable rate of TIIE overnight funding plus 32 basis points, while the second tranche, BBVAMX 25-2, closed at a fixed rate of 9.67% for a term of seven years.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the first half of 2025, Garanti BBVA issued a total of USD </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">1,628 million of short-term senior MTNs (Medium term notes) in order to roll over maturities and generate liquidity. In June 2025, it renewed a sustainable syndicated loan in two tranches: one of USD </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">95.75 </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million and €</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">99.275 </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million with a term of 367 days, and another of USD </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">191.5 </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million and €</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">36 </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million, with a term of 734 days. The total cost of the agreement is, with respect to</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> the 367-day euro tranches, </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">SOFR</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">+1.60% for the U.S. dollars sub-tranche and Euribor +1.35% for the euro sub-tranche, and, with respect to the 734-day euro tranches, SOFR+2.00% for the U.S. dollars sub-tranche and Euribor +1.75% for the euro sub-tranche. In addition, on June 24, 2025, Garanti BBVA launched an offering of subordinated bonds with a 10.5 year maturity, an early redemption option at 5.5 years and an aggregate principal amount of USD 500 </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million. The operation, structured in accordance with Basel III, was offered to institutional investors abroad and was completed on July 1, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the first half of 2025, BBVA Argentina issued senior debt in the local market, a market that gained depth throughout the period. A total of four senior issues were made in February 2025, in both Argentine pesos and U.S. dollars. A total of 67 billion Argentine pesos (7 and 12 months) and USD 37 million (6 and 12 months) were issued. Two issues were made in June 2025, one in Argentine pesos for an amount of 115 billion Argentine pesos at one year and another for an amount of USD 62 million also at one year. The aggregate euro equivalent of these issues was €216 million.</span></div>In April 2025, BBVA Colombia issued a subordinated biodiversity bond, subscribed by the International Finance Corporation (IFC), for an amount of USD 45 million 761000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s credit risk exposure by headings in the consolidated balance sheets as of June 30, 2025 and December 31, 2024 is provided below. It does not consider the loss allowances and the availability of collateral or other credit enhancements to ensure compliance with payment obligations. The details are broken down by category of financial instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:51.569%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.682%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.569%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,957</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">980</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,107</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,239</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,612</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,582</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">535,357</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">490,913</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,278</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,166</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,973</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,936</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,368</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,359</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438,285</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,887</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,267</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,131</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">725,481</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">294,337</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">285,528</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,156</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">653</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211,381</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205,577</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,645</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,273</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,273</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">857</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,682</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,678</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019,818</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:51.569%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.682%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.568%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.569%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,945</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,229</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,115</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,639</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,315</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,309</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">514,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">467,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,930</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,246</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,070</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,887</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,658</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">710,757</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253,291</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,150</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188,515</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,830</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,524</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,503</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,513</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">798</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,948</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,828</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">439</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972,990</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div> 72957000000 6744000000 27796000000 38417000000 10841000000 9822000000 599000000 419000000 980000000 47107000000 58239000000 1603000000 56612000000 56582000000 0 30000000 25000000 25000000 0 0 535357000000 490913000000 30278000000 14166000000 63973000000 63936000000 2000000 35000000 8732000000 8732000000 0 0 24368000000 24359000000 9000000 0 438285000000 393887000000 30267000000 14131000000 725481000000 294337000000 285528000000 8156000000 653000000 211381000000 205577000000 5645000000 159000000 22273000000 21273000000 857000000 143000000 60682000000 58678000000 1654000000 351000000 1019818000000 72945000000 6760000000 27955000000 38230000000 10546000000 9782000000 407000000 358000000 836000000 53229000000 59115000000 1451000000 57639000000 55315000000 2309000000 16000000 25000000 25000000 0 0 514086000000 467910000000 31930000000 14246000000 59070000000 58887000000 149000000 34000000 8261000000 8261000000 0 0 22668000000 22658000000 8000000 2000000 424087000000 378104000000 31772000000 14211000000 710757000000 262233000000 253291000000 8150000000 791000000 188515000000 182830000000 5524000000 160000000 22503000000 21513000000 798000000 192000000 51215000000 48948000000 1828000000 439000000 972990000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and stage of the maximum credit risk exposure, the accumulated allowances recorded and the carrying amount of the loans and advances to customers at amortized cost as of June 30, 2025 and December 31, 2024 is shown below:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:13.267%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.940%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.796%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.805%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain ⁽¹⁾</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246,968</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224,330</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,223</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,414</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,760)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(530)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(617)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,613)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">242,207</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">223,800</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,606</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,801</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,852</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,971</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,363</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,518</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,136)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,244)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(609)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,283)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,716</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,727</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,754</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,235</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey ⁽²⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,191</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,114</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,795)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(236)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,229)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,046</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">886</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America ⁽³⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,396</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,209</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,070</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,921)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(367)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(261)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,292)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,475</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,855</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">778</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,228</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,185</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,184</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ⁽⁴⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438,285</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,887</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,267</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,131</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,621)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,378)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,818)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,425)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">391,508</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,449</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,706</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,379)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(332)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,027)</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,243)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,359)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,487)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,397)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all the countries where BBVA, S.A. operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all the countries in which Garanti BBVA operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, BBVA Group operates in Argentina, Colombia, Peru and Uruguay. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of June 30, 2025, the remaining balance was €86 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize.</span></div><div style="margin-bottom:3pt;margin-top:10pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.677%"><tr><td style="width:1.0%"></td><td style="width:13.247%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.786%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.373%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.936%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain ⁽¹⁾</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,185</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,969</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,637</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,579</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,684)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(631)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,510)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,501</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,426</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,006</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,069</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,717</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,053</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,147</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,517</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,055)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,210)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(542)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,303)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,662</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,843</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,605</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey ⁽²⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,083</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,708</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,534</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,841</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,151)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,299</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,465</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,144</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">690</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America ⁽³⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,897</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,204</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,262</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,079)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(393)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(283)</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,403)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,818</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,811</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">860</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,197</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ⁽⁴⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,837</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,532)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(321)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,197)</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,079)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,376)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,526)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,177)</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all the countries where BBVA, S.A. operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all the countries in which Garanti BBVA operates.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, the BBVA Group operates in Argentina, Colombia, Peru and Uruguay.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024, the remaining balance was €</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize.</span></div> 246968000000 224330000000 15223000000 7414000000 4760000000 530000000 617000000 3613000000 242207000000 223800000000 14606000000 3801000000 91852000000 82971000000 6363000000 2518000000 3136000000 1244000000 609000000 1283000000 88716000000 81727000000 5754000000 1235000000 49841000000 43191000000 4535000000 2114000000 1795000000 236000000 330000000 1229000000 48046000000 42955000000 4205000000 886000000 48396000000 42209000000 4117000000 2070000000 1921000000 367000000 261000000 1292000000 46475000000 41841000000 3855000000 778000000 1228000000 1185000000 30000000 14000000 9000000 1000000 1000000 8000000 1219000000 1184000000 29000000 6000000 438285000000 393887000000 30267000000 14131000000 11621000000 2378000000 1818000000 7425000000 426663000000 391508000000 28449000000 6706000000 1379000000 20000000 332000000 1027000000 10243000000 2359000000 1487000000 6397000000 232185000000 208969000000 15637000000 7579000000 4684000000 543000000 631000000 3510000000 227501000000 208426000000 15006000000 4069000000 91717000000 83053000000 6147000000 2517000000 3055000000 1210000000 542000000 1303000000 88662000000 81843000000 5605000000 1214000000 50083000000 42708000000 5534000000 1841000000 1784000000 243000000 390000000 1151000000 48299000000 42465000000 5144000000 690000000 48897000000 42204000000 4431000000 2262000000 2079000000 393000000 283000000 1403000000 46818000000 41811000000 4148000000 860000000 1205000000 1170000000 23000000 12000000 9000000 0 1000000 7000000 1197000000 1170000000 22000000 4000000 424087000000 378104000000 31772000000 14211000000 11611000000 2389000000 1847000000 7374000000 412477000000 375715000000 29925000000 6837000000 1532000000 13000000 321000000 1197000000 10079000000 2376000000 1526000000 6177000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by counterparty and product of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by type of product, classified in different headings of the assets as of June 30, 2025 and December 31, 2024 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:23.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.669%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,708</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,213</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,944</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,203</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,258</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,653</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,915</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,993</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">971</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">176</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,347</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,424</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,045</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,298</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,732</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,211</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,443</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,195</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,461</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,459</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,341</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,400</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,614</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155,091</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365,224</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373,980</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">492</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,659</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,668</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">978</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,383</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,448</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,725</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,220</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,430</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,389</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198,714</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">182,706</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,183</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">471,828</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">235</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">675</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,094</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,329</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">128,333</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,953</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,109</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,007</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">621</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,988</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,752</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,478</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,715</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,840</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,210</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,210</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,786</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,940</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"><span><br/></span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,940</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,046</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:23.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.669%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,140</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,099</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,521</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,268</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,449</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,721</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,669</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,077</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,244</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,247</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,023</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,672</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,364</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,422</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,803</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,519</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,529</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,771</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,167</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151,313</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347,102</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356,002</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,960</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,365</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,084</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">353</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,330</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,397</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,719</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,497</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,579</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">179,610</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">443,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,399</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">245</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">680</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,307</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,627</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,860</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,633</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,628</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">530</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,996</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,648</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,861</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,129</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,447</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,218</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,901</span></td></tr></table></div> 0 7000000 0 16000000 3708000000 2213000000 5944000000 6203000000 0 1000000 0 3000000 2258000000 24653000000 26915000000 28993000000 971000000 176000000 1347000000 27424000000 128000000 30045000000 30298000000 0 170000000 0 10000000 9732000000 300000000 10211000000 10443000000 0 240000000 9195000000 26000000 0 0 9461000000 9463000000 8459000000 24341000000 8400000000 14319000000 154614000000 155091000000 365224000000 373980000000 266000000 492000000 6659000000 3668000000 978000000 321000000 12383000000 12448000000 8725000000 26220000000 24430000000 19389000000 198714000000 182706000000 460183000000 471828000000 235000000 0 675000000 29094000000 98329000000 128333000000 130953000000 0 6109000000 9007000000 621000000 10988000000 2752000000 29478000000 29715000000 67663000000 67663000000 72840000000 99210000000 99210000000 100786000000 5940000000 5940000000 6046000000 0 8000000 0 59000000 3140000000 2099000000 5307000000 5521000000 0 1000000 0 3000000 2268000000 25449000000 27721000000 29669000000 1077000000 71000000 1244000000 29247000000 125000000 31764000000 32023000000 0 171000000 0 11000000 9672000000 270000000 10125000000 10364000000 0 219000000 9157000000 44000000 0 0 9420000000 9422000000 7803000000 20519000000 7529000000 11771000000 148167000000 151313000000 347102000000 356002000000 452000000 117000000 5960000000 4365000000 1084000000 353000000 12330000000 12397000000 8255000000 22111000000 22719000000 17497000000 193579000000 179610000000 443769000000 455399000000 245000000 0 680000000 29307000000 97627000000 127860000000 130633000000 0 6059000000 9628000000 530000000 10996000000 2648000000 29861000000 30129000000 67446000000 67446000000 72447000000 98570000000 98570000000 100218000000 6669000000 6669000000 6901000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of guarantees received as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GUARANTEES RECEIVED (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of collateral</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,941</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,844</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,959</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,318</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees impaired risks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,352</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,562</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of other guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,189</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,589</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,633</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,273</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees impaired risks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,146</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total value of guarantees received</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205,130</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,433</span></td></tr></table></div> 144941000000 144844000000 10959000000 11318000000 3352000000 3562000000 60189000000 56589000000 4633000000 4273000000 1146000000 1153000000 205130000000 201433000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of loans and advances, within the heading “Financial assets at amortized cost”, including their gross carrying amount, impaired loans and advances, and accumulated impairment, by counterparties as of June 30, 2025 and December 31, 2024, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:49.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,732</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,237</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,368</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,412</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">202,542</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,883</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,016)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190,093</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,218</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,565)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">471,384</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,131</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,645)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:49.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr></table></div> 8732000000 0 -7000000 26237000000 20000000 -17000000 24368000000 0 -17000000 19412000000 11000000 -23000000 202542000000 4883000000 -4016000000 190093000000 9218000000 -7565000000 471384000000 14131000000 -11645000000 8261000000 0 -6000000 22133000000 26000000 -23000000 22668000000 2000000 -13000000 17524000000 12000000 -26000000 197521000000 5014000000 -4134000000 186910000000 9158000000 -7427000000 455016000000 14213000000 -11630000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the six months ended June 30, 2025, and the year ended December 31, 2024 of impaired financial assets (financial assets and guarantees given) are as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,362</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,082</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,255</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decreases ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,442)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,346)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net additions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,640</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,909</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts written-off</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,287)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,559)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(585)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(820)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,659</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment.</span></div> 14891000000 15362000000 6082000000 12255000000 -3442000000 -7346000000 2640000000 4909000000 2287000000 4559000000 -585000000 -820000000 14659000000 14891000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Research forecasts a maximum of five years for the macroeconomic variables. The following estimates for the next five years of the Gross Domestic Product (GDP) growth, of the unemployment rate and of the House Price Index (HPI), for the most relevant countries where it represents a significant factor, are determined by BBVA Research and have been used at the time of the calculation of the ECL as of June 30, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.39 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.00 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.00 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.19 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.99 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.01 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.91 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.22 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.88 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.07 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.59 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.36 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.68 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.64 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.13 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.30 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.55 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.85 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.16 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.82 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.32 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.52 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.02 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.36 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.93 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.43 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.31 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.92 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.55 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.53 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.83 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.86 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.42 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.75 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.40 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.48 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div> 0.0284 0.0839 0.0547 0.0000 0.0300 0.0419 0.0499 0.0901 0.0394 0.0724 0.0591 0.0349 0.0332 0.0422 0.0818 0.0888 0.0603 0.0674 0.0736 0.0372 0.0307 0.0481 0.0736 0.0859 0.0694 0.0636 0.0768 0.0364 0.0295 0.0513 0.0630 0.0870 0.0696 0.0608 0.0725 0.0357 0.0289 0.0517 0.0555 0.0887 0.0640 0.0585 0.0616 0.0354 0.0282 0.0532 0.0552 0.0902 0.0336 0.0618 0.0610 0.0593 0.0316 0.0897 0.0394 0.0617 0.0725 0.0543 0.0442 0.0881 0.0404 0.0603 0.0787 0.0485 0.0431 0.0851 0.0387 0.0592 0.0755 0.0428 0.0433 0.0840 0.0353 0.0583 0.0752 0.0386 0.0432 0.0846 0.0342 0.0575 0.0740 0.0357 0.0440 0.0848 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.130%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ESTIMATE OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.45)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.02 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.65 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.23 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.49 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.01 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.85 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.90 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.37 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.28 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.60 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.62 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.45 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.48 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.30 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.41 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.33 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.85 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.00 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.31 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.91 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.34 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.19 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.25 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.06 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.66 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.26 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.96 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.74 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.23 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.60 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.20 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.93 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.14 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.56 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.16 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.16 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.12 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.32 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.29 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.07 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.17 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.42 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div> 0.0248 0.1048 0.0516 -0.0045 0.0302 0.0417 0.0349 0.0918 0.0165 0.1023 0.0328 0.0124 0.0349 0.0425 0.0401 0.0995 0.0185 0.0990 0.0233 0.0174 0.0332 0.0437 0.0417 0.1028 0.0180 0.0960 0.0162 0.0187 0.0325 0.0445 0.0420 0.1048 0.0180 0.0930 0.0141 0.0189 0.0320 0.0433 0.0396 0.1050 0.0185 0.0900 0.0131 0.0191 0.0313 0.0434 0.0404 0.1050 0.0312 0.0619 0.0547 0.0598 0.0225 0.0906 0.0266 0.0626 0.0396 0.0570 0.0274 0.0923 0.0260 0.0620 0.0299 0.0540 0.0293 0.0914 0.0256 0.0616 0.0246 0.0503 0.0305 0.0916 0.0232 0.0612 0.0251 0.0470 0.0308 0.0932 0.0229 0.0607 0.0249 0.0443 0.0317 0.0942 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:9.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.417%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.417%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.56 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.84)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.71 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.26 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.42)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.19 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.90 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.51)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.63 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.25 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.12 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.62 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.91)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.03 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.10)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.04 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.46 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.94)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.82 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.78)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.38 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.89 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.95 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.70 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.07)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.91)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.44 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.47 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.63 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.45)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.13 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.12)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.47 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.52 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:9.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.741%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.456%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.35 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.05 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.26 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.47 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.46)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.09 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.18 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.83 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.54 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.28)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.08 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.98 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.05 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.51 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.58 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.72)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.87 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.24 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.38 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.61 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.47)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.43 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.62 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.34)</span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.31 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.63 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.69 </span></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></td></tr></table></div> 0.0211 0.1256 0.0485 -0.0084 0.0304 0.0415 0.0271 0.0926 -0.0042 0.1319 0.0090 -0.0051 0.0363 0.0425 0.0112 0.1062 -0.0191 0.1303 -0.0210 0.0005 0.0354 0.0404 0.0170 0.1146 -0.0294 0.1282 -0.0378 0.0038 0.0350 0.0389 0.0295 0.1170 -0.0307 0.1251 -0.0391 0.0044 0.0347 0.0363 0.0319 0.1154 -0.0245 0.1213 -0.0312 0.0047 0.0341 0.0352 0.0304 0.1143 0.0207 0.0624 0.0435 0.0605 0.0120 0.0916 0.0026 0.0647 -0.0046 0.0609 0.0018 0.0983 0.0042 0.0654 -0.0228 0.0608 0.0098 0.1005 0.0051 0.0658 -0.0272 0.0587 0.0140 0.1024 0.0038 0.0661 -0.0247 0.0535 0.0152 0.1050 0.0043 0.0662 -0.0234 0.0531 0.0163 0.1069 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variation in expected loss is determined both by re-staging (that is: in worse scenarios due to the recognition of lifetime credit losses for additional operations that are transferred to stage 2 from stage 1 where 12 months of losses are valued; or vice versa in improvement scenarios) as well as variations in the collective risk parameters (PD or probability of default and LGD or loss given default) of each financial instrument due to the changes defined in the macroeconomic forecasts of the scenario. The variation (with a positive amount indicating a provision and a negative amount indicating a reversal) in the expected loss for the Group and the main portfolios and geographical areas as of June 30, 2025 and December 31, 2024, is shown below:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.095%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.825%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.833%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF JUNE 30, 2025</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">178</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">161</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(165)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(148)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(30)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(107)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(104)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29 </span></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:6.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.115%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.836%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.826%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.843%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2024 </span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(145)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">-100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr></table></div> 0.0178 0.0161 0.0016 0.0001 0.0033 0.0024 0.0009 0.0118 0.0114 0.0003 0.0007 0.0005 0.0002 -0.0165 -0.0148 -0.0016 -0.0001 -0.0030 -0.0021 -0.0008 -0.0107 -0.0104 -0.0003 -0.0009 -0.0006 -0.0004 0.0029 -0.0028 0.0153 0.0135 0.0017 0.0001 0.0028 0.0020 0.0008 0.0074 0.0072 0.0002 0.0032 0.0027 0.0005 -0.0170 -0.0145 -0.0020 -0.0001 -0.0026 -0.0018 -0.0008 -0.0092 -0.0089 -0.0003 -0.0033 -0.0021 -0.0009 0.0028 -0.0027 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below are the changes in the six months ended June 30, 2025, and the year ended December 31, 2024 in the loss allowances recognized on the condensed consolidated balance sheets to cover the estimated impairment or reversal of impairment on loans and advances of financial assets at amortized cost:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CHANGES IN LOSS ALLOWANCES OF LOANS AND ADVANCES AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at the beginning of the period </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Increase in loss allowances charged to income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,004)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,646)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 1</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,120)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,021)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 2</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(813)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,677)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 3</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,071)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(7,949)</span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decrease in loss allowances charged to income</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,175 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,823 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 1</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,362 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 2</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">642 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,554 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Stage 3</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,742 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,907 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfer to written-off loans, exchange differences and other</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,814 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,509 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Balance at the end of the period</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,645)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,630)</span></td></tr></table></div> -11630000000 -11316000000 -6004000000 -11646000000 -1120000000 -2021000000 -813000000 -1677000000 -4071000000 -7949000000 3175000000 5823000000 791000000 1362000000 642000000 1554000000 1742000000 2907000000 2814000000 5509000000 -11645000000 -11630000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main wholesale financing transactions carried out by the BBVA Group during the first half of 2025 are listed below, including a relevant transaction formalized in July.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:8.5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.147%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.436%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.437%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Issuer</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of issue</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date of issue</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nominal (millions)</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Coupon</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Early redemption</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maturity date</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" rowspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-25</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.750 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-32</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.000 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-32</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-37</span></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.125 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-30</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 1000000000 1000000000 1000000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:22.91pt">Fair value of financial instruments </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The criteria and valuation methods used to estimate the fair value of financial assets as of June 30, 2025 do not differ significantly from those included in Note 8 from the consolidated financial statements for the year ended December 31, 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The techniques and unobservable inputs used for the valuation of the financial instruments classified in the fair value hierarchy as Level 3, do not significantly differ from those detailed in Note 8 of the consolidated financial statements for the year ended December 31, 2024. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The effect on the consolidated income statements and on the consolidated equity, resulting from changing the main assumptions used in the valuation of Level 3 financial instruments for other reasonably possible assumptions, does not differ significantly from that detailed in Note 8 of the consolidated financial statements for the year ended December 31, 2024.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">7.1    Fair value of financial instruments recognized at fair value according to valuation method</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the Group's financial instruments recognized at fair value from the attached condensed consolidated balance sheets is presented below, broken down according to the valuation method used to determine their fair value, and their respective book value as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.378%"><tr><td style="width:1.0%"></td><td style="width:55.880%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.164%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.022%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVEL. June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-right:0.25pt solid #ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,396</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,007</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78,275</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,114</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,439</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">481</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,544</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">414</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">52</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,991</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,195</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">609</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,377</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,040</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,684</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">687</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,470</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,384</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,402</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">291</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">60</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">979</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">979</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,182</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,347</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,988</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,847</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,287</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">237</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56,554</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49,036</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,908</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,611</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,995</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,611</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,531</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Trading derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,640</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">592</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,918</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,131</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,199</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,020</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">175</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,156</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">718</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,061</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,693</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,367</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,788</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,421</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,367</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,135</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,111</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.378%"><tr><td style="width:1.0%"></td><td style="width:55.880%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.164%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.022%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVEL. December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108,948</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,332</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,323</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,292</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">969</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">34,591</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,602</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">76</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">83</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,762</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">756</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,230</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,218</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,011</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,511</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">617</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,418</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,782</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,309</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,365</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">407</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">202</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">358</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">336</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">836</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">774</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,002</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,354</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,515</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,133</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,451</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">79</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">216</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57,526</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49,173</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,436</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">917</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,591</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,308</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,072</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,211</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Trading derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,118</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,400</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">541</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,878</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,189</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">673</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">39,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,999</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">656</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,952</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">934</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">934</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,597</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,511</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,480</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td></tr></table></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">7.2    Fair value of financial instruments recognized at amortized cost according to valuation method</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is shown the fair value of the Group's financial instruments from the attached condensed consolidated balance sheets recognized at amortized cost, broken down according to the valuation method used to determine their fair value, and their respective book value as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:37.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.536%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVEL. June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,662</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,208</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,896</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,532</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">405,291</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,927</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">63,923</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">55,896</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,593</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">63,575</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">459,739</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36,208</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,939</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">404,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">460,352</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">588,469</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,791</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,667</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,320</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107,444</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">589,222</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">497,931</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,056</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,096</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,736</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">497,887</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">71,802</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,667</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,224</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,708</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,599</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td></tr></table></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:37.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.536%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVEL. December 31, 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,400</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,615</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,771</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,157</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394,496</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,039</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,014</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">50,771</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,589</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">921</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">58,281</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443,386</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,615</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,568</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">393,575</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443,759</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,339</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,530</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,016</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101,025</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,894</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">496,720</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,777</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,647</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,038</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">496,461</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">69,867</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,369</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,986</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">70,679</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the Group's financial instruments recognized at fair value from the attached condensed consolidated balance sheets is presented below, broken down according to the valuation method used to determine their fair value, and their respective book value as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.378%"><tr><td style="width:1.0%"></td><td style="width:55.880%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.164%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.022%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVEL. June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-right:0.25pt solid #ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,396</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,007</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78,275</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,114</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,439</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">481</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,544</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">414</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">52</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,991</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,195</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">609</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,377</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,040</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,684</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">687</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,470</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,384</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,402</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">291</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">60</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">979</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">979</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,182</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,347</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,988</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,847</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,287</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">237</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56,554</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49,036</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,908</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,611</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,995</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,611</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,531</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Trading derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,640</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">592</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,918</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,131</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,199</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,020</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">175</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,156</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">718</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,061</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,693</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,367</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,788</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,421</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,367</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,135</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,111</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.378%"><tr><td style="width:1.0%"></td><td style="width:55.880%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.164%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.022%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVEL. December 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108,948</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,332</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,323</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,292</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">969</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">34,591</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,602</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">76</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">83</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,762</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">756</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,230</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,218</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,011</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,511</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">617</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,418</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,782</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,309</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,365</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">407</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">202</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">358</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">336</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">836</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">774</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,002</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,354</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,515</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,133</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,451</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">79</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">216</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57,526</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49,173</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,436</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">917</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,591</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,308</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,072</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,211</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Trading derivatives</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,118</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,400</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">541</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,878</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,189</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">673</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">39,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,999</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">656</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,952</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">934</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">934</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,597</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,511</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,420</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,480</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td></tr></table></div> 106396000000 26007000000 78275000000 2114000000 33439000000 481000000 32544000000 414000000 6744000000 6535000000 158000000 52000000 27796000000 18991000000 8195000000 609000000 38417000000 0 37377000000 1040000000 10841000000 8684000000 687000000 1470000000 9822000000 8384000000 36000000 1402000000 599000000 300000000 291000000 8000000 419000000 0 360000000 60000000 980000000 979000000 0 0 980000000 979000000 0 0 58182000000 50347000000 5988000000 1847000000 1603000000 1287000000 80000000 237000000 56554000000 49036000000 5908000000 1611000000 25000000 25000000 0 0 902000000 0 895000000 7000000 82995000000 13611000000 67531000000 1853000000 31640000000 592000000 29918000000 1131000000 13199000000 13020000000 175000000 4000000 38156000000 0 37438000000 718000000 16061000000 0 14693000000 1367000000 0 903000000 0 903000000 0 4788000000 0 3421000000 1367000000 10369000000 0 10369000000 0 2135000000 0 2111000000 24000000 108948000000 26332000000 80323000000 2292000000 36003000000 969000000 34591000000 443000000 6760000000 6602000000 76000000 83000000 27955000000 18762000000 8438000000 756000000 38230000000 0 37218000000 1011000000 10546000000 8511000000 617000000 1418000000 9782000000 8309000000 107000000 1365000000 407000000 202000000 173000000 31000000 358000000 0 336000000 21000000 836000000 774000000 62000000 0 836000000 774000000 62000000 0 59002000000 50354000000 7515000000 1133000000 1451000000 1157000000 79000000 216000000 57526000000 49173000000 7436000000 917000000 25000000 25000000 0 0 1158000000 0 1158000000 0 86591000000 14308000000 71072000000 1211000000 33059000000 1118000000 31400000000 541000000 13878000000 13189000000 673000000 15000000 39654000000 0 38999000000 656000000 14952000000 0 12865000000 2087000000 0 0 0 0 934000000 0 934000000 0 4597000000 0 2511000000 2087000000 9420000000 0 9420000000 0 2503000000 0 2480000000 23000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is shown the fair value of the Group's financial instruments from the attached condensed consolidated balance sheets recognized at amortized cost, broken down according to the valuation method used to determine their fair value, and their respective book value as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:37.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.536%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVEL. June 2025 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,017</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,662</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,208</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,896</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,532</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">405,291</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,927</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">63,923</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">55,896</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,593</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">63,575</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">459,739</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">36,208</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,939</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">404,205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">460,352</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">588,469</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,791</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,667</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,320</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107,444</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">589,222</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">497,931</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,056</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,096</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,736</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">497,887</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">71,802</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38,667</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27,224</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,708</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,599</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,736</span></td></tr></table></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:37.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.536%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVEL. December 31, 2024 (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,145</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,400</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,615</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,771</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,157</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394,496</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,039</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt securities </span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,014</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">50,771</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,589</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">921</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">58,281</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443,386</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,615</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,568</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">393,575</span></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">443,759</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,339</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,530</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,016</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101,025</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,894</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">496,720</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,777</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">37,647</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,038</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">496,461</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">69,867</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,369</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,986</span></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">70,679</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #dbdbdb;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,753</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div> 40017000000 40017000000 40017000000 523662000000 36208000000 55896000000 26532000000 405291000000 523927000000 63923000000 55896000000 6593000000 1086000000 63575000000 459739000000 36208000000 0 19939000000 404205000000 460352000000 588469000000 378791000000 38667000000 64320000000 107444000000 589222000000 497931000000 360056000000 0 37096000000 100736000000 497887000000 71802000000 38667000000 27224000000 6708000000 72599000000 18736000000 18736000000 18736000000 51145000000 51145000000 0 0 0 51145000000 502400000000 32615000000 50771000000 24157000000 394496000000 502039000000 59014000000 0 50771000000 6589000000 921000000 58281000000 443386000000 32615000000 0 17568000000 393575000000 443759000000 584339000000 378530000000 47323000000 58016000000 101025000000 584894000000 496720000000 360777000000 0 37647000000 98038000000 496461000000 69867000000 0 47323000000 20369000000 2986000000 70679000000 17753000000 17753000000 0 0 0 17753000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.59pt">Cash, cash balances at central banks and other demand deposits</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEMAND DEPOSITS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash on hand</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,155</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,636</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash balances at central banks ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,657</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,306</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,205</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,202</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td></tr></table></div>(1) The variation is mainly due to the evolution of the balances held in the Bank of Spain <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEMAND DEPOSITS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash on hand</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,155</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,636</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash balances at central banks ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,657</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,306</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,205</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,202</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,017</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td></tr></table></div>(1) The variation is mainly due to the evolution of the balances held in the Bank of Spain 6155000000 8636000000 26657000000 35306000000 7205000000 7202000000 40017000000 51145000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.42pt">Financial assets and liabilities held for trading</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,439</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,003</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">665</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">768</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by public administrations </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,030</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,671</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by financial institutions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,269</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,665</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,832</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,852</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">556</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,325</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,938</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,306</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,918</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,184</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,736</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,389</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,108</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,396</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,640</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,059</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,199</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,878</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,156</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,654</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,094</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,360</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,094</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,360</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,474</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,285</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,153</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,994</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,587</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,010</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,527</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,913</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">82,995</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td></tr></table></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.42pt">Financial assets and liabilities held for trading</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,439</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,003</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,744</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,796</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">665</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">768</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by public administrations </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,030</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,671</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Issued by financial institutions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,269</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,665</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,832</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#494949;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,852</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,417</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">556</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,325</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,938</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,306</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,918</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,184</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,736</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreement</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,389</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,108</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,396</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,640</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,059</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,199</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,878</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,156</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,654</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,094</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,360</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,094</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,360</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,474</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,285</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,153</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,994</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,587</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,010</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreement</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt 0 7pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,527</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,913</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">82,995</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td></tr></table></div> 33439000000 36003000000 6744000000 6760000000 27796000000 27955000000 665000000 768000000 24030000000 23671000000 1269000000 1665000000 1832000000 1852000000 38417000000 38230000000 908000000 556000000 908000000 556000000 15325000000 20938000000 15306000000 20918000000 22184000000 16736000000 20389000000 15108000000 106396000000 108948000000 31640000000 33059000000 13199000000 13878000000 38156000000 39654000000 3094000000 3360000000 3094000000 3360000000 15474000000 16285000000 15153000000 15994000000 19587000000 20010000000 19527000000 19913000000 82995000000 86591000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:13.6pt">Non-trading financial assets mandatorily at fair value through profit or loss</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,822</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">599</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">419</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,841</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td></tr></table></div> 9822000000 9782000000 599000000 407000000 419000000 358000000 10841000000 10546000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:17.31pt">Financial assets and liabilities designated at fair value through profit or loss</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2 / 7</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">980</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,788</span></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities: Unit-linked products</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,061</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2 / 7</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">980</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">980</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">903</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,788</span></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities: Unit-linked products</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,369</span></td><td colspan="3" style="border-top:1pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,061</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td></tr></table></div> 980000000 836000000 980000000 836000000 903000000 934000000 4788000000 4597000000 10369000000 9420000000 16061000000 14952000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.81pt">Financial assets at fair value through other comprehensive income </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.2pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of this heading of the condensed consolidated balance sheets by type of financial instruments is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,554</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,182</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(112)</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:9.01pt">Gains/losses</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Changes in gains (losses)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the unrealized gains/losses (net of taxes) during the six months ended June 30, 2025 and in the year ended December 31, 2024 of debt securities recognized under the equity heading “Accumulated other comprehensive income – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income – Items that will not be reclassified to profit or loss – Fair value changes of equity instruments measured at fair value through other comprehensive income” in the condensed consolidated balance sheets are as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:29.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.291%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER COMPREHENSIVE INCOME - CHANGES IN GAINS (LOSSES) (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 </span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024 </span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Valuation gains and losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(568)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to Reserves</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(131)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(257)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(779)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of this heading of the condensed consolidated balance sheets by type of financial instruments is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,603</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,554</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,182</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(112)</span></td></tr></table></div> 1603000000 1451000000 56554000000 57526000000 25000000 25000000 58182000000 59002000000 -57000000 -112000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the unrealized gains/losses (net of taxes) during the six months ended June 30, 2025 and in the year ended December 31, 2024 of debt securities recognized under the equity heading “Accumulated other comprehensive income – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income – Items that will not be reclassified to profit or loss – Fair value changes of equity instruments measured at fair value through other comprehensive income” in the condensed consolidated balance sheets are as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:29.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.835%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.291%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER COMPREHENSIVE INCOME - CHANGES IN GAINS (LOSSES) (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 </span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024 </span></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Valuation gains and losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(568)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to Reserves</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(131)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(257)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(779)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td></tr></table></div> -576000000 -357000000 -905000000 -1112000000 231000000 -568000000 133000000 228000000 219000000 247000000 2000000 0 -131000000 101000000 -10000000 -20000000 -257000000 -576000000 -779000000 -905000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.7pt">Financial assets at amortized cost</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.11pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets according to the nature of the financial instrument is as follows: </span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">63,923</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,725</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,350</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,655</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,220</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,389</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198,527</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,528</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,662</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,400</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired assets of loans and advances to customers</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,131</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,645)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,630)</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the second quarter of 2025, the Group made a split payment corresponding to the new tax on the interest margin and commissions of certain financial entities (the “Interest Margin and Commission Tax”) for the year ended December 31, 2024, regulated by the Ninth Final Provision of Law 7/2024. However, given that such payment was made but considered undue with respect to such year under the existing legal framework as of June 30, 2025, an asset for the amount disbursed (€118 million) was recorded under the “Financial assets at amortized cost –Government” line item in the balance sheet. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.92pt">Loans and advances to customers</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets according to the nature of the financial instrument is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LOANS AND ADVANCES TO CUSTOMERS (MILLIONS OF EUROS)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,944</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,915</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,720</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trade receivables</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,869</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,211</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">348,000</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,451</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,459</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412,477</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets according to the nature of the financial instrument is as follows: </span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">63,923</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,725</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,350</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,655</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,220</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,389</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198,527</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,528</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523,662</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,400</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired assets of loans and advances to customers</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,131</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,645)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,630)</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></td></tr></table></div> 63923000000 59014000000 8725000000 8255000000 24350000000 22655000000 426663000000 412477000000 26220000000 22111000000 19389000000 17497000000 198527000000 193386000000 182528000000 179483000000 523662000000 502400000000 14131000000 14211000000 11645000000 11630000000 50000000 57000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets according to the nature of the financial instrument is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LOANS AND ADVANCES TO CUSTOMERS (MILLIONS OF EUROS)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,944</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,915</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,720</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trade receivables</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,869</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,211</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">348,000</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,451</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,459</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426,663</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412,477</span></td></tr></table></div> 5944000000 5307000000 26915000000 27720000000 29869000000 31693000000 10211000000 10125000000 266000000 262000000 348000000000 331451000000 5459000000 5919000000 426663000000 412477000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.1pt">Derivatives – Hedge accounting and fair value changes of the hedged items in portfolio hedges of interest rate risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DERIVATIVES — HEDGE ACCOUNTING AND FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(57)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,135</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DERIVATIVES — HEDGE ACCOUNTING AND FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(57)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,135</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr></table></div> 902000000 1158000000 -57000000 -65000000 2135000000 2503000000 0 0 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.88pt">Investments in joint ventures and associates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of “Investments in joint ventures and associates” in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Joint ventures</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Associates</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">901</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">998</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">989</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of “Investments in joint ventures and associates” in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Joint ventures</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Associates</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">901</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">998</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">989</span></td></tr></table></div> 97000000 94000000 901000000 895000000 998000000 989000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.28pt">Tangible assets</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the condensed consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Property, plant and equipment </span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,967</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,506</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">For own use</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,139</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,501</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Land and buildings</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,297</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,475</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Work in progress</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Furniture, fixtures and vehicles</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,768</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,848</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Right to use assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,489</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,439</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,345)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,276)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(140)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Leased out under an operating lease</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets leased out under an operating lease</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(177)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(153)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Investment property</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">246</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Building rental </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other </span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Right to use assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(128)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(118)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(114)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(121)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,759</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the condensed consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Property, plant and equipment </span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,967</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,506</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">For own use</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,139</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,501</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Land and buildings</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,297</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,475</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Work in progress</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Furniture, fixtures and vehicles</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,768</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,848</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Right to use assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,489</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,439</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,345)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,276)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(140)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Leased out under an operating lease</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets leased out under an operating lease</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(177)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(153)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Investment property</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">246</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Building rental </span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other </span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Right to use assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(128)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(118)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(114)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(121)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,759</span></td></tr></table></div> 8967000000 9506000000 8139000000 8501000000 6297000000 6475000000 69000000 155000000 6768000000 6848000000 2489000000 2439000000 -7345000000 -7276000000 -138000000 -140000000 828000000 1004000000 1006000000 1158000000 -177000000 -153000000 246000000 253000000 228000000 240000000 1000000 1000000 259000000 251000000 128000000 118000000 114000000 121000000 9213000000 9759000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:15.77pt">Intangible assets</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:12.04pt">Goodwill</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets, according to the cash-generating unit (hereinafter “CGU”) to which goodwill has been allocated, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:40.542%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.574%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GOODWILL. BREAKDOWN BY CGU AND CHANGES OF THE YEAR / PERIOD (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Chile</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of December 31, 2023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">795</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of December 31, 2024</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of June 30, 2025</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">680</span></td></tr></table></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Goodwill</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024, the principal amount of the goodwill relates to the CGU of Mexico for an amount of €528 million and €541 million, respectively. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Impairment Test </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As mentioned in Note 2.2.7 of the consolidated financial statements for the year 2024, the CGUs to which goodwill has been allocated are periodically tested for impairment by including the allocated goodwill in their carrying amount. This analysis is performed at least annually or whenever there is any indication of impairment. As of and for the six months ended June 30, 2025, no indicators of impairment have been identified in any CGU.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:9.29pt">Other intangible assets</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the condensed consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Computer software acquisition expense</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,857</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,764</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with an infinite useful life</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with a definite useful life</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,883</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,790</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets, according to the cash-generating unit (hereinafter “CGU”) to which goodwill has been allocated, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:40.542%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.571%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.574%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GOODWILL. BREAKDOWN BY CGU AND CHANGES OF THE YEAR / PERIOD (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Chile</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of December 31, 2023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">795</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of December 31, 2024</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance as of June 30, 2025</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">680</span></td></tr></table></div> 623000000 143000000 24000000 5000000 795000000 0 0 0 0 0 -82000000 -11000000 -1000000 -1000000 -95000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 541000000 132000000 23000000 4000000 700000000 0 0 0 0 0 -13000000 -5000000 -1000000 0 -20000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 528000000 127000000 21000000 4000000 680000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the condensed consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Computer software acquisition expense</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,857</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,764</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with an infinite useful life</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with a definite useful life</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,883</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,790</span></td></tr></table></div> 1857000000 1764000000 8000000 9000000 17000000 17000000 1883000000 1790000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:13.89pt">Tax assets and liabilities</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.33pt">Consolidated tax group</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Pursuant to current legislation, BBVA consolidated tax group in Spain includes the Bank (as the parent company) and its Spanish subsidiaries that meet the requirements provided for under Spanish legislation regulating the taxation regime for the consolidated profit of corporate groups.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s non-Spanish banks and subsidiaries file tax returns in accordance with the tax legislation in force in each country.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.14pt">Current and deferred taxes </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance under the heading "Tax assets" in the condensed consolidated balance sheets includes current and deferred tax assets. The balance under the “Tax liabilities” heading includes the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TAX ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax assets</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax assets</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,412</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,295</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,080</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,354</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,492</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,650</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax liabilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,206</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,565</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,771</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,033</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025, current tax liabilities include approximately €</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">150 </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">million corresponding to the accrual corresponding to the first half of 2025 of the Interest Margin and Commission Tax regulated by the Ninth Final Provision of Law 7/2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The evolution of the Group's deferred tax assets during the period was influenced by the estimated result of the tax inspection process of the BBVA consolidated tax group in Spain, covering the years 2017 to 2020, with respect to the main applicable taxes, as well as by the Group reassessment of the coverage needs for the identified tax risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, certain deferred tax assets corresponding to the Group in Spain, which had not previously been recorded were first recognized in the current period. This decision was based on the ability and acceleration observed in the process of absorbing these assets, a solid track record of recent historical results —including for the current 2025 financial year—, the Group's sustained capacity to generate value, and profit projections that support their recognition, in accordance with the disclosures of the Note 19 to the consolidated financial statements for the year ended December 31, 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All of the above had a net positive impact on the estimated effective tax rate, which stood at 31.2% as of June 30, 2025 (31.4% as of December 31, 2024).</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance under the heading "Tax assets" in the condensed consolidated balance sheets includes current and deferred tax assets. The balance under the “Tax liabilities” heading includes the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">TAX ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax assets</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax assets</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,412</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,295</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,080</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,354</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,492</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,650</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax liabilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,206</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,565</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,771</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,033</span></td></tr></table></div> 3412000000 4295000000 14080000000 14354000000 17492000000 18650000000 1206000000 575000000 2565000000 2458000000 3771000000 3033000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:13.72pt">Other assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,305</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">482</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,388</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,881</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,810</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,525</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">306</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,840</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,066</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,467</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,997</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,672</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,370</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,305</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">482</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,388</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,881</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,810</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,525</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">306</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,840</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,066</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,467</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,997</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,672</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,370</span></td></tr></table></div> 1305000000 1299000000 30000000 482000000 2086000000 1862000000 1388000000 1881000000 4810000000 5525000000 365000000 306000000 2840000000 3066000000 3467000000 1997000000 6672000000 5370000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.1pt">Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The composition of the balance under the heading “Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale” in the condensed consolidated balance sheets, broken down by the origin of the assets, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE AND LIABILITIES INCLUDED IN DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE. BREAKDOWN BY ITEMS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreclosures and recoveries</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">779</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">847</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets from tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accrued amortization ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(49)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment losses</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(555)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(645)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:700;line-height:120%">776</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">828</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The composition of the balance under the heading “Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale” in the condensed consolidated balance sheets, broken down by the origin of the assets, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE AND LIABILITIES INCLUDED IN DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE. BREAKDOWN BY ITEMS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreclosures and recoveries</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">779</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">847</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets from tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accrued amortization ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(49)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment losses</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(555)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(645)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:700;line-height:120%">776</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">828</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".</span></div> 779000000 847000000 546000000 618000000 55000000 55000000 49000000 46000000 555000000 645000000 776000000 828000000 0 0 0 0 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.25pt">Financial liabilities at amortized cost</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.64pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL LIABILITIES AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">497,931</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,720</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,485</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,668</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">906</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">657</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,558</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,369</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,021</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,642</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,429</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,977</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,470</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,049</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,582</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,380</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448,018</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">332,549</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">331,780</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,763</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">106,658</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,706</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,208</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,802</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,736</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">588,469</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,339</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.45pt">Deposits from credit institutions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:41.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.290%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEPOSITS FROM CREDIT INSTITUTIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits </span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits and others ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,057</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,308</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,664</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,029</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,071</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,689</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">864</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">894</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,394</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,875</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,906</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,469</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,855</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,230</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,324</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,712</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,470</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,582</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,429</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,116</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">973</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">981</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,185</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,002</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,162</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,387</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,963</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,942</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,313</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,578</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,832</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,289</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,570</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,977</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,049</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,380</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></td></tr></table></div>(1) Subordinated deposits are included amounting to €103 million and €48 million as of June 30, 2025 and December 31, 2024<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.36pt">Customer deposits</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.715%"><tr><td style="width:1.0%"></td><td style="width:43.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.614%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CUSTOMER DEPOSITS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits and others</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185,716</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,775</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,562</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,053</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,000</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,108</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,111</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,644</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,360</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,133</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,772</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,105</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,877</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,392</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,437</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,013</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,841</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,025</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,978</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,003</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332,549</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103,763</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,706</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448,018</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,489</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,501</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,474</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215,464</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,133</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,439</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,228</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,388</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,267</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,443</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,232</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,675</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,170</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,613</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,095</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,878</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,318</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,605</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,922</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,780</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,658</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,208</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.84pt">Debt certificates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by type of financial instrument and by currency, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEBT CERTIFICATES ISSUED (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-left:1pt solid #FFFFFF;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In Euros</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,358</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,118</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,170</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,041</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,788</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,371</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,825</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">810</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,114</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,201</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,425</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,030</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,427</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,395</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,677</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,645</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In foreign currencies</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,444</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,748</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,734</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,962</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,265</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,136</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,876</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,327</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,700</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,161</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,560</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,888</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,140</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,273</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,802</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,867</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.52pt">Other financial liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER FINANCIAL LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lease liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,436</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,467</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other financial liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,524</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,859</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Collection accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,954</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other payment obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,822</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,734</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FINANCIAL LIABILITIES AT AMORTIZED COST (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">497,931</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,720</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,485</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,668</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">906</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">657</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,558</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,369</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,021</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,642</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,429</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,977</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,470</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,049</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,582</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,380</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448,018</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">332,549</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">331,780</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,763</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">106,658</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,706</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,208</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,802</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,736</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">588,469</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,339</span></td></tr></table></div> 497931000000 496720000000 15485000000 14668000000 906000000 657000000 7558000000 6369000000 7021000000 7642000000 34429000000 34406000000 6377000000 6977000000 15470000000 15049000000 12582000000 12380000000 448018000000 447646000000 332549000000 331780000000 103763000000 106658000000 11706000000 9208000000 71802000000 69867000000 18736000000 17753000000 588469000000 584339000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:41.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.288%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.290%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEPOSITS FROM CREDIT INSTITUTIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits </span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits and others ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,057</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,308</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,664</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,029</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,071</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,689</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">864</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">894</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,394</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,875</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,906</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,469</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,855</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,230</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,324</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,712</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,470</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,582</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,429</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,116</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">973</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">981</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,185</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,002</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,162</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,387</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,963</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,942</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,313</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,578</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,832</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,289</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,570</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,977</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,049</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,380</span></td><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Subordinated deposits are included amounting to €103 million and €48 million as of June 30, 2025 and December 31, 2024, respectively.</span></div> 1057000000 3308000000 2664000000 7029000000 618000000 1071000000 0 1689000000 28000000 864000000 2000000 894000000 444000000 2394000000 36000000 2875000000 2906000000 3469000000 9855000000 16230000000 1324000000 4363000000 25000000 5712000000 6377000000 15470000000 12582000000 34429000000 1039000000 3116000000 538000000 4693000000 973000000 981000000 231000000 2185000000 158000000 2002000000 2000000 2162000000 577000000 2387000000 0 2963000000 2942000000 3313000000 11578000000 17832000000 1289000000 3250000000 31000000 4570000000 6977000000 15049000000 12380000000 34406000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.715%"><tr><td style="width:1.0%"></td><td style="width:43.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.541%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.614%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CUSTOMER DEPOSITS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits and others</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185,716</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,775</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,562</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,053</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,000</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,108</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,111</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,644</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,360</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,133</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,772</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,105</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,877</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,392</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,437</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,013</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,841</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,025</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,978</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,003</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332,549</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103,763</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,706</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448,018</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,489</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,501</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,474</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215,464</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,133</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,439</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,228</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,388</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,267</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,443</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,232</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,675</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,170</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,613</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,095</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,878</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,318</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,605</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,922</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,780</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,658</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,208</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></td></tr></table></div> 185716000000 21775000000 9562000000 217053000000 71000000000 15108000000 2000000 86111000000 24644000000 23360000000 1129000000 49133000000 29772000000 21105000000 0 50877000000 18392000000 17437000000 1013000000 36841000000 3025000000 4978000000 0 8003000000 332549000000 103763000000 11706000000 448018000000 186489000000 22501000000 6474000000 215464000000 70133000000 14319000000 987000000 85439000000 23228000000 25388000000 652000000 49267000000 32443000000 20232000000 0 52675000000 17170000000 17613000000 1095000000 35878000000 2318000000 6605000000 0 8922000000 331780000000 106658000000 9208000000 447646000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by type of financial instrument and by currency, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEBT CERTIFICATES ISSUED (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-left:1pt solid #FFFFFF;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In Euros</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,358</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,118</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,170</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,041</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,788</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,371</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,825</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">810</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,114</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,201</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,425</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,030</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,427</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,395</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,677</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,645</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In foreign currencies</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,444</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,748</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,734</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,962</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,265</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,136</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,876</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,327</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,700</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,161</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,560</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,888</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,140</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,273</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,802</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,867</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9.</span></div> 39358000000 37118000000 5170000000 1360000000 15041000000 17788000000 3371000000 5825000000 810000000 519000000 3114000000 2201000000 3425000000 1030000000 8427000000 8395000000 2750000000 2750000000 5677000000 5645000000 32444000000 32748000000 1734000000 2962000000 13265000000 12136000000 97000000 95000000 5876000000 5327000000 0 0 772000000 1067000000 10700000000 11161000000 2560000000 2888000000 8140000000 8273000000 71802000000 69867000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER FINANCIAL LIABILITIES (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lease liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,436</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,467</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other financial liabilities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,524</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,859</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Collection accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,954</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,693</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other payment obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,822</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,734</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,736</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></td></tr></table></div> 1436000000 1467000000 4524000000 4859000000 5954000000 3693000000 6822000000 7734000000 18736000000 17753000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.75pt">Assets and liabilities under insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024, the balance under the heading "Insurance and reinsurance assets" amounted to €199 million and €191 million, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the condensed balance under the heading “Liabilities under insurance and reinsurance contracts” is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for remaining coverage</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,398</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,835</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for incurred claims</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,146</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,527</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,981</span></td></tr></table></div> 199000000 191000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the condensed balance under the heading “Liabilities under insurance and reinsurance contracts” is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for remaining coverage</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,398</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,835</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for incurred claims</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,146</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,527</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,981</span></td></tr></table></div> 10398000000 9835000000 1129000000 1146000000 11527000000 10981000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.64pt">Provisions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets, based on type of provisions, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROVISIONS. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for pensions and similar obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,354</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,348</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long term employee benefits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for taxes and other legal contingencies</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">761</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">613</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">667</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">377</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,619</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Individually non-significant provisions for various concepts and corresponding to different geographical areas.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Ongoing legal proceedings and litigation</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial sector faces an environment of increased regulatory pressure and litigation. In this environment, the various Group entities are often sued on lawsuits and are therefore involved in individual or collective legal proceedings and litigation arising from their activity and operations, including proceedings arising from their lending activity, from their labor relations and from other commercial, regulatory or tax issues, as well as in arbitration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the basis of the information available, the Group considers that, at June 30, 2025, the provisions made in relation to judicial proceedings and arbitration, where so required, are adequate and reasonably cover the liabilities that might arise, if any, from such proceedings. Furthermore, on the basis of the information available and with the exceptions indicated in Note 6.1 "Risk factors", BBVA considers that the liabilities that may arise from such proceedings will not have, individually, a significant adverse effect on the Group's business, financial situation or results of operations.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheets, based on type of provisions, is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROVISIONS. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for pensions and similar obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,354</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,348</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long term employee benefits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for taxes and other legal contingencies</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">761</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">613</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">667</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">377</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,619</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Individually non-significant provisions for various concepts and corresponding to different geographical areas.</span></div> 2354000000 2348000000 354000000 384000000 761000000 791000000 613000000 667000000 377000000 429000000 4458000000 4619000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.04pt">Pension and other post-employment commitments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group sponsors defined-contribution plans for the majority of its active employees, with the plans in Spain and Mexico being the most significant. Most of the defined benefit plans are for individuals already retired, and are closed to new employees, the most significant being those in Spain, Mexico and Turkey. In Mexico, the Group provides post-retirement medical benefits to a closed group of employees and their family members, both in active service and retirement. During the first half of 2025, there were no significant changes in the Group's post-employment commitments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts relating to post-employment benefits charged to the condensed consolidated income statement are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CONDENSED CONSOLIDATED INCOME STATEMENT IMPACT (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income and expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Personnel expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Defined contribution plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38.1</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Defined benefit plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38.1</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions or reversal of provisions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total expense (income)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">163</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts relating to post-employment benefits charged to the condensed consolidated income statement are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CONDENSED CONSOLIDATED INCOME STATEMENT IMPACT (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income and expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Personnel expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Defined contribution plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38.1</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Defined benefit plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38.1</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions or reversal of provisions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total expense (income)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">163</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td></tr></table></div> 60000000 71000000 100000000 117000000 72000000 86000000 28000000 31000000 3000000 3000000 163000000 191000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.82pt">Capital</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024 BBVA’s share capital amounted to €2,824,009,877.85 divided into 5,763,285,465 shares.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of such dates, all shares were fully subscribed and paid-up, of the same class and series, of €0.49 par value each, and represented through book-entry accounts. All of the Bank´s shares carry the same voting and dividend rights, and no single stockholder enjoys special voting rights. Each and every share is part of the Bank’s capital.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA is not aware of any direct or indirect interests through which control of the Bank may be exercised. BBVA has not received any information on stockholder agreements including the regulation of the exercise of voting rights at its Annual General Meetings or restricting or placing conditions on the free transferability of BBVA shares. BBVA is not aware of any agreement that could give rise to changes in the control of the Bank.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.22pt">Retained earnings and other reserves</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheet is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,528</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,693</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other reserves </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,805</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,814</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,334</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,507</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheet is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,528</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,693</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other reserves </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,805</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,814</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,334</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,507</span></td></tr></table></div> 46528000000 40693000000 1805000000 1814000000 48334000000 42507000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:12.71pt">Accumulated other comprehensive income</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheet is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS). BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that will not be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,075)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,988)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Actuarial gains (losses) on defined benefit pension plans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,230)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,067)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of equity instruments measured at fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(779)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(905)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that may be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,821)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(15,232)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,459)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,329)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,817)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,697)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">378</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">394</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign currency translation </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,444)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,702)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,142)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,644)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,591)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,835)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Argentine peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(727)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(555)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Venezuela Bolívar</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,903)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,081)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(803)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging derivatives. Cash flow hedges (effective portion)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of debt instruments measured at fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(257)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(576)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging instruments (non-designated items)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-current assets and disposal groups classified as held for sale</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of other recognized income and expense of investments in joint ventures and associates</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18,896)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,220)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances recognized under these headings are presented net of tax.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated balance sheet is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS). BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that will not be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,075)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,988)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Actuarial gains (losses) on defined benefit pension plans</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,230)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,067)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of equity instruments measured at fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(779)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(905)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that may be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,821)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(15,232)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,459)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,329)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,817)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,697)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">378</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">394</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(20)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign currency translation </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,444)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,702)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,142)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,644)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,591)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,835)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Argentine peso</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(727)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(555)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Venezuela Bolívar</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,903)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#666666;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,081)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(803)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging derivatives. Cash flow hedges (effective portion)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of debt instruments measured at fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(257)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(576)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging instruments (non-designated items)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-current assets and disposal groups classified as held for sale</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of other recognized income and expense of investments in joint ventures and associates</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18,896)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,220)</span></td></tr></table></div> -2075000000 -1988000000 -1230000000 -1067000000 -779000000 -905000000 -66000000 -17000000 -16821000000 -15232000000 -2459000000 -2329000000 -2817000000 -2697000000 378000000 394000000 -20000000 -25000000 -14444000000 -12702000000 -4142000000 -3644000000 -6591000000 -5835000000 -727000000 -555000000 -1903000000 -1865000000 -1081000000 -803000000 346000000 370000000 -257000000 -576000000 -3000000 0 0 0 -5000000 5000000 -18896000000 -17220000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.39pt">Non-controlling interests</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interests)” of the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,210</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,351</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,738</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,779</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">735</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">843</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,059</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,359</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These amounts are broken down by groups of consolidated entities under the heading “Profit (Loss) - Attributable to minority interests (non-controlling interests)” in the condensed consolidated income statement: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROFIT ATTRIBUTABLE TO MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interests)” of the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,210</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,351</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,738</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,779</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">735</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">843</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,059</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,359</span></td></tr></table></div> 1210000000 1351000000 1738000000 1779000000 735000000 843000000 46000000 60000000 139000000 134000000 191000000 191000000 4059000000 4359000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These amounts are broken down by groups of consolidated entities under the heading “Profit (Loss) - Attributable to minority interests (non-controlling interests)” in the condensed consolidated income statement: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROFIT ATTRIBUTABLE TO MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></td></tr></table></div> 78000000 64000000 174000000 128000000 48000000 61000000 1000000 0 41000000 5000000 10000000 3000000 -351000000 -261000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.22pt">Capital base and capital management</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The eligible capital instruments and the risk-weighted assets (hereinafter "RWA") of the Group are shown below, calculated in accordance with the applicable regulation, considering the entities in scope required by such regulation, as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CAPITAL RATIOS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Common Equity Tier 1 capital (millions of Euros) (a)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,634</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,799</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Additional Tier 1 capital (millions of Euros) (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,489</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,023</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Tier 2 capital (millions of Euros) (c)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,480</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,858</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Risk Weighted Assets (millions of Euros) (d)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">387,051</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394,468</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Common Tier 1 capital ratio (CET 1) (A)=(a)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.34 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.88 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additional Tier 1 capital ratio (AT 1) (B)=(b)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 capital ratio (Tier 1) (A)+(B)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.76 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2 capital ratio (Tier 2) (C)=(c)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.97 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total capital ratio (A)+(B)+(C)</span></td><td colspan="2" style="background-color:#80c9ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.72 </span></td><td style="background-color:#80c9ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#80c9ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.90 </span></td><td style="background-color:#80c9ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provisional data.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group's earnings have contributed to achieving a consolidated CET1 ratio of 13.34% as of June 30, 2025, which allows maintaining a management buffer over the Group's CET1 requirement as of that date (9.12%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">4</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">), and which is also above the Group's target management range of 11.5 - 12.0% CET1.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Fully-loaded risk-weighted assets decreased in the first half of the year by €7,417 million, mainly as a result of the evolution of exchange rates (depreciation against the euro of the currencies of the main countries where the Group operates), partially offset by the increase in credit lending, mainly in Spain and Turkey.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The consolidated additional Tier 1 (AT1) capital ratio stood at 1.42% as of June 30, 2025, 10 basis points lower than as of December 31, 2024. In this period, BBVA, S.A. completed an issuance for an amount of €1,000 million of Contingent Convertible instruments (CoCos) in January 2025. In addition, in March 2025, the call for redemption of another issuance of Contingent Convertible instruments for a total amount of €1,000 million was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The consolidated Tier 2 ratio stood at 2.97% as of June 30, 2025 which represents an increase of 47 basis points compared to December 31, 2024, </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">mainly due to the issuance of a subordinated bond</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> in Spain for €1,000 million in February 2025, </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">and, to a lesser extent, the issuance in Mexico of subordinated debt for an amount of $1,000 million also in February.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a consequence of the foregoing, the consolidated total capital ratio stood at 17.72% as of June 30, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the leverage ratio as of June 30, 2025 and December 31, 2024, calculated according to CRR (Capital Requirements Regulation), is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LEVERAGE RATIO</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 (millions of Euros) (a)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,123</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,822</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exposure to leverage ratio (millions of Euros) (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">824,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834,488</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leverage ratio (a)/(b) (percentage)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.93 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provisional data.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025, the leverage ratio stood at 6.93%. It is worth highlighting the reduction in exposure (around €10,000 million), due to the decrease in off-balance sheet exposure, as a result of the entry into force of CRR III, and the reduction of the deposits at central banks. In addition, there was an increase of approximately €300 million in Tier 1 capital, mainly due to the generation of results. Both effects together led to an increase of 12 basis points compared to December 31, 2024 (6.81%).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On June 12, 2025 the Group made public that it had received a communication from the Bank of Spain regarding its MREL</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">5</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> requirement, established by the Single Resolution Board (“SRB”). According to this communication, BBVA must maintain, as from June 12, 2025, an MREL in RWA of 23.13%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">6</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">. In addition, BBVA must reach, also as from June 12, 2025, a volume of own funds and eligible liabilities in terms of total exposure considered for purposes of calculating the leverage ratio of, at least, 8.59% (the “MREL in LR”)</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">7</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">. These requirements do not include the current combined capital requirement, which, according to current regulations and supervisory criteria, is 3.65%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">8</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the MREL ratios</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">9</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> achieved as of June 30, 2025, these were 31.55% and 12.03%, respectively for MREL in RWA and MREL in LR, reaching the subordinated ratios of 26.64% and 10.16%, respectively. Given the structure of the resolution group's own funds and eligible liabilities, as of June 30, 2025, the Group meets the aforementioned requirements.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The eligible capital instruments and the risk-weighted assets (hereinafter "RWA") of the Group are shown below, calculated in accordance with the applicable regulation, considering the entities in scope required by such regulation, as of June 30, 2025 and December 31, 2024:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CAPITAL RATIOS</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Common Equity Tier 1 capital (millions of Euros) (a)</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,634</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,799</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Additional Tier 1 capital (millions of Euros) (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,489</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,023</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Eligible Tier 2 capital (millions of Euros) (c)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,480</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,858</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Risk Weighted Assets (millions of Euros) (d)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">387,051</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">394,468</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Common Tier 1 capital ratio (CET 1) (A)=(a)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.34 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.88 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additional Tier 1 capital ratio (AT 1) (B)=(b)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.42 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.52 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 capital ratio (Tier 1) (A)+(B)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.76 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.40 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2 capital ratio (Tier 2) (C)=(c)/(d)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.97 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.50 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total capital ratio (A)+(B)+(C)</span></td><td colspan="2" style="background-color:#80c9ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.72 </span></td><td style="background-color:#80c9ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#80c9ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.90 </span></td><td style="background-color:#80c9ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provisional data.</span></div> 51634000000 50799000000 5489000000 6023000000 11480000000 9858000000 387051000000 394468000000 0.1334 0.1288 0.0142 0.0152 0.1476 0.1440 0.0297 0.0250 0.1772 0.1690 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the leverage ratio as of June 30, 2025 and December 31, 2024, calculated according to CRR (Capital Requirements Regulation), is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">LEVERAGE RATIO</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025 ⁽¹⁾</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 (millions of Euros) (a)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,123</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,822</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exposure to leverage ratio (millions of Euros) (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">824,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834,488</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leverage ratio (a)/(b) (percentage)</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.93 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provisional data.</span></div> 57123000000 56822000000 824769000000 834488000000 0.0693 0.0681 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:10.43pt">Commitments and guarantees given</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">COMMITMENTS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loan commitments given</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">211,381</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188,515</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">254</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,019</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,247</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,926</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,441</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,848</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,656</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,963</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,891</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,556</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,026</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,273</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,503</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">143</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">192</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">679</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,843</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,305</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,724</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other commitments given </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,682</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,215</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">439</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">470</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,310</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,447</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,090</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,256</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,249</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,005</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">294,337</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262,233</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Impaired financial guarantees given amounted to €494 million and €631 million, respectively, as of June 30, 2025 and December 31, 2024, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024, the provisions for loan commitments given, financial guarantees given and other commitments given, recorded in the consolidated balance sheet amounted €375 million, €109 million and €129 million; and €372 million, €140 million and €155 million, respectively (see Note 23). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since a significant portion of the amounts above will expire without any payment being made by the consolidated entities, the aggregate balance of these commitments cannot be considered the actual future requirement for financing or liquidity to be provided by the BBVA Group to third parties.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">COMMITMENTS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loan commitments given</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">211,381</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188,515</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">254</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,019</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,247</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,926</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,441</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,848</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,656</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,963</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,891</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,556</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,026</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,273</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,503</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">143</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">192</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">679</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,843</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,305</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,724</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other commitments given </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,682</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,215</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired ⁽¹⁾</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">439</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">470</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,310</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,447</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,090</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,256</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,249</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,005</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2.1</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">294,337</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262,233</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Impaired financial guarantees given amounted to €494 million and €631 million, respectively, as of June 30, 2025 and December 31, 2024, respectively.</span></div> 211381000000 188515000000 159000000 160000000 69000000 254000000 3019000000 3247000000 27926000000 13441000000 11848000000 8656000000 82963000000 82891000000 85556000000 80026000000 22273000000 22503000000 143000000 192000000 0 0 152000000 183000000 679000000 636000000 908000000 2843000000 20305000000 18724000000 229000000 116000000 60682000000 51215000000 351000000 439000000 470000000 0 332000000 354000000 13310000000 6447000000 4090000000 3256000000 42249000000 41005000000 231000000 153000000 294337000000 262233000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.14pt">Other contingent assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024, there were no material contingent assets or liabilities other than those disclosed in these Notes.</span></div> <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.64pt">Net interest income</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.36pt">Interest and other income</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the interest and other income recognized in the condensed consolidated income statement is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INTEREST AND OTHER INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,614</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,659</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,138</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,679</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,832</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of income as a result of hedging transactions </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">339</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,468</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,680</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: insurance activity</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">689</span></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">696</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes interest on demand deposits at central banks and credit institutions.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.17pt">Interest expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INTEREST EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,058</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,985</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,975</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,470</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of expense as a result of hedging transactions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">674</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost attributable to pension funds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,861</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,687</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: insurance activity</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">478</span></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">488</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the interest and other income recognized in the condensed consolidated income statement is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INTEREST AND OTHER INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,614</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,659</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,138</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,679</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,832</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of income as a result of hedging transactions </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">339</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,468</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,680</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: insurance activity</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">689</span></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">696</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes interest on demand deposits at central banks and credit institutions.</span></div> 2614000000 3250000000 1659000000 2138000000 23679000000 24832000000 389000000 339000000 128000000 120000000 28468000000 30680000000 689000000 696000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INTEREST EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,058</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,985</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,975</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,470</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of expense as a result of hedging transactions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">674</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost attributable to pension funds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,861</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,687</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: insurance activity</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">478</span></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">488</span></td></tr></table></div> 2058000000 2985000000 12975000000 13470000000 280000000 674000000 119000000 113000000 429000000 445000000 15861000000 17687000000 478000000 488000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.53pt">Dividend income</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances for this heading in the condensed consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method, as per the breakdown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DIVIDEND INCOME (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances for this heading in the condensed consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method, as per the breakdown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DIVIDEND INCOME (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-right:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></td></tr></table></div> 9000000 9000000 67000000 66000000 76000000 76000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:10.93pt">Fee and commission income and expense </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FEE AND COMMISSION INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bills receivables</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,433</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,273</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Checks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">464</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">455</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance product commissions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">257</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">169</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments and financial guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">264</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">258</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset management</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">864</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">793</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities fees</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">196</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">184</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">441</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,514</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,149</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FEE AND COMMISSION EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,696</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,630</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commissions for selling insurance</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">524</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,307</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FEE AND COMMISSION INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bills receivables</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,433</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,273</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Checks</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">464</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">455</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance product commissions</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">257</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">169</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments and financial guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">264</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">258</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset management</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">864</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">793</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities fees</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">196</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">184</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">441</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,514</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,149</span></td></tr></table></div> 10000000 10000000 157000000 150000000 3433000000 3273000000 71000000 86000000 464000000 455000000 257000000 224000000 173000000 169000000 264000000 258000000 864000000 793000000 196000000 184000000 107000000 105000000 519000000 441000000 6514000000 6149000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FEE AND COMMISSION EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,696</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,630</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commissions for selling insurance</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">524</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,307</span></td></tr></table></div> 4000000 3000000 1696000000 1630000000 81000000 80000000 27000000 27000000 45000000 42000000 651000000 524000000 2503000000 2307000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:12.27pt">Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences, net </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings, by source of the related items, in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES, HEDGE ACCOUNTING AND EXCHANGE DIFFERENCES, NET (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial assets and liabilities </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">163</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities held for trading, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,151</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">991</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,151</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">991</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">188</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">53</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) from hedge accounting, net </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtotal gains (losses) on financial assets and liabilities and hedge accounting</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,554</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,489</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(123)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">398</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,431</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,886</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance (excluding exchange rate differences) under this heading in the income statements by the nature of financial instrument is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AND HEDGE ACCOUNTING. BREAKDOWN BY NATURE OF THE FINANCIAL INSTRUMENT (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">884</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">289</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives and hedge accounting</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(363)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">256</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">654</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">906</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,554</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,489</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings, by source of the related items, in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES, HEDGE ACCOUNTING AND EXCHANGE DIFFERENCES, NET (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial assets and liabilities </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">163</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities held for trading, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,151</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">991</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,151</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">991</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">188</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">53</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) from hedge accounting, net </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtotal gains (losses) on financial assets and liabilities and hedge accounting</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,554</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,489</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences, net</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(123)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">398</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,431</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,886</span></td></tr></table></div> 193000000 128000000 30000000 9000000 163000000 119000000 1151000000 991000000 0 0 0 0 1151000000 991000000 188000000 53000000 0 0 0 0 188000000 53000000 29000000 219000000 -7000000 98000000 1554000000 1489000000 -123000000 398000000 1431000000 1886000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance (excluding exchange rate differences) under this heading in the income statements by the nature of financial instrument is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AND HEDGE ACCOUNTING. BREAKDOWN BY NATURE OF THE FINANCIAL INSTRUMENT (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">884</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">289</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives and hedge accounting</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(363)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">256</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">654</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">906</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,554</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,489</span></td></tr></table></div> 368000000 73000000 884000000 289000000 -363000000 -17000000 30000000 256000000 -19000000 -17000000 654000000 906000000 1554000000 1489000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.11pt">Other operating income and expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating income” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER OPERATING INCOME (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains from sales of non-financial services</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">310</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating expense” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER OPERATING EXPENSE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in inventories</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions to guaranteed banks deposits funds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">318</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hyperinflation adjustment ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense ⁽²⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">529</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">817</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,228</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,415</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the six months ended June 30, 2025, it includes €211 million due to Argentina and €76 million due to Turkey. In June 2024, it included €1,020 million due to Argentina and €190 million due to Turkey.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) In the six months ended June 30, 2024, it included €285 million corresponding to the estimated total annual amount of the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating income” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER OPERATING INCOME (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains from sales of non-financial services</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">310</span></td></tr></table></div> 178000000 157000000 173000000 153000000 351000000 310000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating expense” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER OPERATING EXPENSE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in inventories</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions to guaranteed banks deposits funds</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">318</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hyperinflation adjustment ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense ⁽²⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">529</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">817</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,228</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,415</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In the six months ended June 30, 2025, it includes €211 million due to Argentina and €76 million due to Turkey. In June 2024, it included €1,020 million due to Argentina and €190 million due to Turkey.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) In the six months ended June 30, 2024, it included €285 million corresponding to the estimated total annual amount of the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022.</span></div> 62000000 70000000 318000000 314000000 319000000 1214000000 529000000 817000000 1228000000 2415000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:12.6pt">Income and expense from insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The detail of the headings “Income and expense from insurance and reinsurance contracts” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INCOME AND EXPENSE FROM INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income from insurance and reinsurance contracts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,866</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,800</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expense from insurance and reinsurance contracts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,109)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,066)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">757</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">734</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The detail of the headings “Income and expense from insurance and reinsurance contracts” in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">INCOME AND EXPENSE FROM INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income from insurance and reinsurance contracts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,866</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,800</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expense from insurance and reinsurance contracts</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,109)</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,066)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">757</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">734</span></td></tr></table></div> 1866000000 1800000000 1109000000 1066000000 757000000 734000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.28pt">Administration costs</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.05pt">Personnel expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PERSONNEL EXPENSE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wages and salaries</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,768</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,731</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Social security costs</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">486</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other personnel expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">297</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,693</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,633</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.42pt">Other administrative expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER ADMINISTRATIVE EXPENSE. BREAKDOWN BY MAIN CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Technology and systems</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">874</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">881</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Communications </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advertising</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">199</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, fixtures and materials</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">284</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxes other than income tax ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Surveillance and cash courier services</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">628</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">587</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,345</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,467</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly explained by the recognition of lower expense corresponding to the value added tax in BBVA, S.A. following the upward re-estimation of such tax, applied pro-rata in previous periods and in 2025.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PERSONNEL EXPENSE (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wages and salaries</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,768</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,731</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Social security costs</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">486</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other personnel expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">297</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,693</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,633</span></td></tr></table></div> 2768000000 2731000000 528000000 486000000 72000000 86000000 28000000 31000000 297000000 300000000 3693000000 3633000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">OTHER ADMINISTRATIVE EXPENSE. BREAKDOWN BY MAIN CONCEPTS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Technology and systems</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">874</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">881</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Communications </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advertising</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">199</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, fixtures and materials</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">284</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxes other than income tax ⁽¹⁾</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Surveillance and cash courier services</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">628</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">587</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,345</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,467</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly explained by the recognition of lower expense corresponding to the value added tax in BBVA, S.A. following the upward re-estimation of such tax, applied pro-rata in previous periods and in 2025.</span></div> 874000000 881000000 125000000 132000000 251000000 199000000 277000000 284000000 60000000 260000000 130000000 125000000 628000000 587000000 2345000000 2467000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.67pt">Depreciation and amortization</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEPRECIATION AND AMORTIZATION (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">466</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">483</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">For own use</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">298</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">308</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Right-of-use assets</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">166</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">173</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Investment properties and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">276</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">749</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">759</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">DEPRECIATION AND AMORTIZATION (MILLIONS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">466</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">483</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">For own use</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">298</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">308</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Right-of-use assets</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">166</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">173</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Investment properties and other</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">276</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">749</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">759</span></td></tr></table></div> 466000000 483000000 298000000 308000000 166000000 173000000 2000000 2000000 283000000 276000000 749000000 759000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:10.39pt">Provisions or reversal of provisions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the six months ended June 30, 2025 and 2024 the net provisions recognized in this condensed income statement line item were as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROVISIONS OR REVERSAL OF PROVISIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions and other post-employment defined benefit obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pending legal issues and tax litigation</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">133</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the six months ended June 30, 2025 and 2024 the net provisions recognized in this condensed income statement line item were as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:56.680%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.473%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PROVISIONS OR REVERSAL OF PROVISIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions and other post-employment defined benefit obligations</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pending legal issues and tax litigation</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions </span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">133</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38</span></td></tr></table></div> 3000000 3000000 0 -110000000 105000000 104000000 25000000 41000000 133000000 38000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.1pt">Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON FINANCIAL ASSETS NOT MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS OR NET GAINS BY MODIFICATION (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income - debt securities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(33)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,794</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,781</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: recovery of written-off assets by cash collection</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(228)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(211)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,761</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,839</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON FINANCIAL ASSETS NOT MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS OR NET GAINS BY MODIFICATION (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income - debt securities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(33)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,794</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,781</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: recovery of written-off assets by cash collection</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(228)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(211)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,761</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,839</span></td></tr></table></div> -33000000 59000000 -2794000000 -2781000000 -228000000 -211000000 2761000000 2839000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.6pt">Impairment or reversal of impairment of investments in joint ventures and associates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Impairment or reversal of the impairment of investments in joint ventures or associates" included a reversal of impairment of €32 million for the six months ended June 30, 2025 while for the six months ended June 30, 2024 it included a reversal of impairment of €52 million corresponding to investments in associates.</span></div> 32000000 52000000 <div style="margin-bottom:15pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%">43.    Impairment or reversal of impairment on non-financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impairment losses on non-financial assets broken down by the nature of those assets in the condensed consolidated income statements are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON NON-FINANCIAL ASSETS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(45)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(30)</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impairment losses on non-financial assets broken down by the nature of those assets in the condensed consolidated income statements are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON NON-FINANCIAL ASSETS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(45)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(30)</span></td></tr></table></div> 0 45000000 4000000 11000000 0 5000000 5000000 -30000000 <span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:10.89pt">Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) FROM NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE NOT QUALIFYING AS DISCONTINUED OPERATIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of real estate</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment of non-current assets held for sale</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></td></tr></table></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the condensed consolidated income statements is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">GAINS (LOSSES) FROM NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE NOT QUALIFYING AS DISCONTINUED OPERATIONS (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of real estate</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment of non-current assets held for sale</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></td></tr></table></div> 37000000 20000000 0 -29000000 37000000 -10000000 Related-party transactions<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As financial institutions, BBVA and other entities in the Group engage in transactions with related parties in the normal course of their business. All of these transactions are not material and are carried out under normal market conditions. As of June 30, 2025 and December 31, 2024, the transactions with related parties are the following:</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">45.1    Transactions with significant shareholders</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of June 30, 2025 and December 31, 2024 there were no shareholders with significant influence.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">45.2    Transactions with entities related to BBVA Group</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the condensed consolidated balance sheets arising from the transactions carried out by the BBVA Group with associates and joint venture entities accounted for using the equity method are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCES ARISING FROM TRANSACTIONS WITH ENTITIES RELATED TO THE GROUP (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">562</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">639</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Memorandum accounts</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">784</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main aggregates in the condensed consolidated income statements resulting from transactions with associates and joint venture entities are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCES OF CONSOLIDATED INCOME STATEMENT ARISING FROM TRANSACTIONS WITH ENTITIES RELATED TO THE GROUP (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income statement</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest and other income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission expense</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There were no other material effects in the Consolidated Financial Statements arising from dealings with these entities, other than the effects from using the equity method (see Note 2.1 to the consolidated financial statements of 2024) and from the insurance policies to cover pension or similar commitments (see Note 25 to the consolidated financial statements of 2024) and the derivatives transactions arranged by BBVA Group with these entities, associates and joint ventures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, as part of its regular activity, the BBVA Group has entered into agreements and commitments of various types with shareholders of subsidiaries and associates, which have no material effects on the Consolidated Financial Statements.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">45.3    Transactions with members of the Board of Directors and Senior Management</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The transactions entered into between BBVA or its Group companies with members of the Board of Directors and Senior Management of the Bank or their related parties were within the scope of the ordinary course of business of the Bank and were immaterial, defined as transactions the disclosure of which is not necessary to present a true and fair view of the Bank's equity, financial position and results, and were concluded on normal markets terms or on terms applicable to the rest of employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below.</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.435%"><tr><td style="width:1.0%"></td><td style="width:13.143%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.913%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.387%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.123%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.123%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.969%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.503%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCE (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 30, 2025</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31, 2024</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Senior Management </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Senior Management </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and credits</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,865</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,029</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,664</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank guarantees</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Excluding executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Information on the remuneration and other benefits of the Board of Directors and members of the Bank's Senior Management is provided in Note 46.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the condensed consolidated balance sheets arising from the transactions carried out by the BBVA Group with associates and joint venture entities accounted for using the equity method are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCES ARISING FROM TRANSACTIONS WITH ENTITIES RELATED TO THE GROUP (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">562</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">639</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Memorandum accounts</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">784</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></td></tr></table></div> 28000000 13000000 562000000 639000000 2000000 4000000 2000000 1000000 89000000 160000000 200000000 171000000 686000000 784000000 117000000 117000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main aggregates in the condensed consolidated income statements resulting from transactions with associates and joint venture entities are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCES OF CONSOLIDATED INCOME STATEMENT ARISING FROM TRANSACTIONS WITH ENTITIES RELATED TO THE GROUP (MILLIONS OF EUROS)</span></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> June <br/>2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income statement</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest and other income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission income</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission expense</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></td></tr></table></div> 14000000 21000000 1000000 3000000 3000000 2000000 14000000 26000000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below.</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.435%"><tr><td style="width:1.0%"></td><td style="width:13.143%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.675%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.913%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.387%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.123%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.123%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.969%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.503%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BALANCE (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 30, 2025</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31, 2024</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Senior Management </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Directors</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Senior Management </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and credits</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,865</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,029</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,664</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank guarantees</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Excluding executive directors.</span></div> 1865000 200000 6029000 385000 2176000 210000 4664000 688000 10000 0 0 10000 0 <div style="margin-bottom:15pt;margin-top:15pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%">46.    Remuneration and other benefits of the Board of Directors and members of the Bank's Senior Management</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Note 54 to the consolidated financial statements of the BBVA Group, for the year ended December 31, 2024, includes detailed information on the remuneration and other benefits corresponding to the members of the Board of Directors and of the Bank's Senior Management, including the description of the policy and remuneration system applicable to them, and information regarding the conditions to be met in order for remuneration and other benefits for said financial year to become payable. The information on the remuneration and other benefits of the members of the Board of Directors and Senior Management of the Bank for the first half of the financial years 2025 and 2024 is detailed below.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Remuneration of non-executive directors </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of non-executive directors for the first half of the 2025 and 2024 financial years is as follows, individually and by remuneration item:</span></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:20.081%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:6.392%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.121%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.392%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.672%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.679%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION OF NON-EXECUTIVE DIRECTORS (THOUSANDS OF EUROS) </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.85pt;font-weight:700;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Board of Directors</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Executive Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Audit Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Risk and Compliance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Remuneration Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Appointments and Corporate Governance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Technology and Cybersecurity Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other positions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(2)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">June 2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">June 2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">313</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">313</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">231</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sonia Dulá </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Belén Garijo López</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cristina de Parias Halcón </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(4)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">109</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Revenga Shanklin </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(5)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jan Verplancke</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(6)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">250</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">249</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">321</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,096</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,987</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes amounts corresponding to the positions on the Board and its various Committees, the composition of which was last modified on April 26, 2024.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. Likewise, in the first half of the 2025 and 2024 financial years, she was paid €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to deferred variable remuneration accrued in the 2018 and 2019 financial years in her former position as a member of BBVA’s Senior Management. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5) In addition, Carlos Salazar Lomelín received €77 thousand and €65 thousand in the first half of the 2025 and 2024 financial years, respectively, in attendance fees for meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and the strategy forum of BBVA México, S.A.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6) The total amount reported for the first half of financial year 2024 does not include amounts corresponding to the positions on the Board and on the various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively.</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Likewise, in the first half of the financial years 2025 and 2024, €99 thousand and €112 thousand, respectively, were paid out in insurance premiums for non-executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:21.777%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.040%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION SYSTEM WITH DEFERRED DELIVERY OF SHARES FOR NON-EXECUTIVE DIRECTORS</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="18" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the first half of the 2025 and 2024 financial years, the following theoretical shares derived from the remuneration system with deferred delivery of shares have been allocated to the non-executive directors, in an amount equivalent to 20% of the total annual fixed allowance in cash received by each of them in the 2024 and 2023 financial years, respectively. The BBVA shares, in a number equivalent to the theoretical shares accumulated by each non-executive director, will be delivered to each beneficiary, where applicable, after the end of their respective term of office as a director for any reason other than serious dereliction of their duties.</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated at June 30 </span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated at June 30</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,930</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">158,385</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,407</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">147,455</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,959</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114,269</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,350</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">106,310</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,894</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,894</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sonia Dulá</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,279</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,321</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,042</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,042</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,944</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49,135</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,423</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40,191</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Belén Garijo López</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,598</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117,191</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,401</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110,593</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,587</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,914</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,177</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">81,136</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,384</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76,977</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cristina de Parias Halcón (2)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,915</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,915</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51,872</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,384</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47,713</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,364</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,525</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,947</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31,161</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,998</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24,010</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,882</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,012</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jan Verplancke</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,747</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,370</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,851</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40,623</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,356</span></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">705,610</span></td><td colspan="3" style="background-color:#80c9ff;padding:0 1pt"></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,985</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">634,254</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The number of theoretical shares allocated has been calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Directors appointed by the General Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) The total number of theoretical shares allocated during the first half of the 2024 financial year does not include the 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024 and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;padding-right:8.5pt"><span><br/></span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Remuneration of executive directors </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of executive directors for the first half of the 2025 and 2024 financial years is as follows, individually and by remuneration item:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ANNUAL FIXED REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June</span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,462</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,462</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the conditions established in the BBVA Directors’ Remuneration Policy and contractually, during the first half of 2025 and 2024, the Chair received, in each period, the amount of €20 thousand in fixed allowances corresponding to vehicle leasing and others. Meanwhile, the Chief Executive Officer received, in each period, the fixed amounts of €327 thousand as "cash in lieu of pension" (equivalent to 30% of his Annual Fixed Remuneration) and €300 thousand as a mobility allowance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:72.712%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.448%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #001391;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION IN KIND (THOUSANDS OF EUROS)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr></table></div><div style="margin-bottom:21pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, during the first half of 2025 and 2024, in-kind remuneration has been paid to the executive directors, including insurance premiums and others, amounting to €111 thousand and €138 thousand, respectively, in the case of the Chair and €102 thousand and €123 thousand, respectively, in the case of the Chief Executive Officer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:72.712%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.448%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #001391;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ANNUAL VARIABLE REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accrual and award of the Annual Variable Remuneration ("AVR"), which consists of two components, a Short-Term Incentive (“STI”) and a Long-Term Incentive ("LTI"), occurs, where applicable, after the end of the corresponding financial year, and therefore no amounts corresponding to the first half of 2025 and 2024 are included in the information shown herein. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the AVR for the 2025 financial year will be determined in 2026 and, if the applicable conditions are met, the Upfront Portion (maximum 40%) will be paid in the first half of 2026. All of this would be done in accordance with the rules and conditions applicable to the AVR set out in the BBVA Directors’ Remuneration Policy approved by the General Meeting on March 17, 2023.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the first half of the 2025 financial year, the executive directors were awarded the AVR for the 2024 financial year, which includes an STI amounting to €2,871 thousand in the case of the Chair and €2,147 thousand in the case of the Chief Executive Officer. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Likewise, as part of the AVR for financial year 2024, the executive directors have accrued the right to an LTI for a maximum theoretical amount of €1,929 thousand in the case of the Chair and €1,443 thousand in the case of the Chief Executive Officer, which is equivalent, in both cases, to 150% of their Target LTI. Once the measurement period for the long-term indicators established for its calculation has ended (at 2027 year-end), the final amount thereof will be determined, which may range from 0% to 150% of the Target LTI. Therefore, if 100% of the pre-established targets are achieved, this incentive will amount to €1,286 thousand in the case of the Chair and €962 thousand in the case of the Chief Executive Officer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the provisions of the BBVA Directors’ Remuneration Policy, in the first half of 2025 financial year, executive directors received the Upfront Portion of the AVR for the 2024 financial year, in equal parts cash and BBVA shares (€897 thousand and 92,803 shares in the case of the Chair and €671 thousand and 69,408 shares in the case of the Chief Executive Officer). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remaining amount of the AVR for the 2024 financial year (which includes the deferred portion of the STI and the entire LTI for the 2024 financial year) has been deferred for a five-year period (40% in cash and 60% in shares and/or share-linked instruments) (the "Deferred Portion"). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred Portion will depend on the result of the long-term indicators that shall be used to calculate the LTI for 2024. Likewise, and as an ex-post risk adjustment mechanism, the Deferred Portion may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the first half of 2025, executive directors received deferred variable remuneration from previous financial years, the payment of which was due after 2024 year-end, along with the update of their cash portion, in each case in accordance with the vesting and payment rules established in the remuneration policies applicable in each financial year:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2023 Deferred AVR: the first payment of the Deferred STI (17.9% of the Deferred Portion) was made to the executive directors (€221 thousand and 38,821 shares in the case of the Chair and €166 thousand and 29,034 shares in the case of the Chief Executive Officer). Following this, the second payment of the deferred STI (17.9% of the Deferred Portion) and the 2023 LTI (64.2% of the Deferred Portion), the final amount of which will depend on the results of the long-term indicators established for its calculation once the measurement period ends (at 2026 year-end), which may range from 0% to 150%, remained deferred for both executive directors. If conditions are met, the second payment of the Deferred STI will be paid in 2026 and the three payments of the 2023 LTI will be made in 2027, 2028 and 2029.     </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2022 Deferred AVR: the second payment (20% of the Deferred Portion) was made to the executive directors (€236 thousand and 56,941 shares in the case of the Chair and €181 thousand and 43,793 shares in the case of the Chief Executive Officer). Thereafter, 60% of the 2022 Deferred AVR remained deferred for both executive directors and, if the applicable conditions are met, will be paid in 2026, 2027, and 2028.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2021 Deferred AVR: the third payment (20% of the Deferred Portion) was made to the executive directors (€228 thousand and 57,325 shares in the case of the Chair and €173 thousand and 43,552 shares in the case of the Chief Executive Officer). Thereafter, 40% of the 2021 Deferred AVR remained deferred for both executive directors and, if the applicable conditions are met, will be paid in 2026 and 2027.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the accrual of the whole of their AVR corresponding to 2020 financial year.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2019 Deferred AVR: the third and final payment (20% of the Deferred Portion) was made to the executive directors (€181 thousand and 45,529 shares in the case of the Chair and €163 thousand and 40,858 shares in the case of the Chief Executive Officer). This completed the payment of the 2019 Deferred AVR.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:21.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.601%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #adb8c2;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,898</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,793</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,898</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,793</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Contributions recorded to meet pension commitments with executive directors in proportion to the first half of the 2025 and 2024 financial years. In the case of the Chair, these relate to the sum of the annual contribution to the retirement pension, in the proportional portion of the first half of the year, and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, which were to be contributed in the 2025 and 2024 financial years, respectively, and to death and disability insurance premiums, in the proportional portion for the first half of each financial year. In the case of the Chief Executive Officer, the contributions reported correspond exclusively to the insurance premiums paid by the Bank, corresponding to the first half of each financial year, to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PAYMENTS FOR THE TERMINATION OF THE CONTRACTUAL RELATIONSHIP</span></div></td><td colspan="3" style="border-bottom:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with BBVA's Directors' Remuneration Policy, the Bank has no commitments to make severance payments to executive directors. </span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Remuneration of Senior Management</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of the Senior Management team as a whole, excluding executive directors, corresponding to the first half of the 2025 and 2024 financial years (16 and 15 members with such status as of June 30, 2025 and June 30, 2024, respectively), is indicated below by remuneration item: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FIXED REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June</span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> 2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,702</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,521</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, in accordance with the provisions established in the BBVA Group’s General Remuneration Policy and contractually, the Senior Management team as a whole, excluding executive directors, received during the first half of the 2025 and 2024 financial years, an aggregate amount of €308 thousand and €157 thousand, respectively, as fixed allowances corresponding to leasing of vehicles and others. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:45.441%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:45.441%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.818%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION IN KIND (THOUSANDS OF EUROS)</span></div></td><td colspan="3" style="border-bottom:1pt solid #001391;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the first half of the 2025 and 2024 financial years, the Senior Management team as a whole, excluding the executive directors, received remuneration in kind, including insurance premiums and others, for a total of €475 thousand and €488 thousand, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.677%"><tr><td style="width:1.0%"></td><td style="width:45.241%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:45.241%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.218%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #001391;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">VARIABLE REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="border-bottom:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accrual and award of the annual variable remuneration occurs, where applicable, after the end of the corresponding financial year, and therefore no amount corresponding to the first half of 2025 and 2024 is included in the information shown herein. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the annual variable remuneration for the 2025 financial year, which includes a short-term incentive and a long-term incentive, will be determined in 2026 and, if the conditions are met, the upfront portion (maximum 40%) will be paid in the first half of 2026. All of this would be done in accordance with the rules and conditions applicable to the annual variable remuneration established in the BBVA Group's General Remuneration Policy approved by the Board of Directors on March 29, 2023.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the first half of the 2025 financial year, the members of Senior Management, excluding executive directors, were awarded the annual variable remuneration for the 2024 financial year, which includes short-term variable remuneration for a total combined amount of €7,226 thousand. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As part of the annual variable remuneration for the 2024 financial year, Senior Management members, excluding executive directors, have accrued the right to a long-term incentive for a maximum theoretical total amount of €4,569 thousand, which is equivalent to the sum of 150% of the target long-term incentive of each beneficiary. Once the measurement period for the long-term indicators established for its calculation has ended (at 2027 year-end), the final amount of each beneficiary's long-term incentive will be determined, which may range from 0% to 150% of the target long term incentive. Therefore, if 100% of the pre-established targets are achieved, this incentive will amount to a total combined amount of €3,046 thousand. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the provisions of the BBVA Group’s General Remuneration Policy, in the first half of 2025, the members of Senior Management received the upfront portion of the annual variable remuneration for the 2024 financial year, in equal parts cash and BBVA shares, with the total amount paid to all members of Senior Management for this item amounting to €2,269 thousand and 234,203 shares. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remaining amount of the annual variable remuneration for 2024 financial year (which includes the deferred portion of short-term variable remuneration and the whole of the long-term incentive for 2024 financial year), has been deferred, in cash and in shares and/or share-linked instruments, for a period of 4 or 5 years, in accordance with the vesting and payment rules applicable in each case, depending on the date of each member’s entry into the Senior Management team.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the deferred portion of the annual variable remuneration for the 2024 financial year will depend on the result of the long-term indicators that shall be used to calculate the long-term incentive. Furthermore, and as an ex-post risk adjustment mechanism, the deferred portion of the annual variable remuneration may be reduced if the established capital and liquidity thresholds set to ensure that payment only occurs if it is sustainable based on the Bank's payment capacity, are not reached. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The members of Senior Management that were beneficiaries received, during the first half of 2025, the deferred variable remuneration from previous financial years, the payment of which was due once the 2024 financial year had ended, along with the update of its cash portion. The payment of these amounts has been made in accordance with the vesting and payment rules applicable in each case depending on the date of each member’s entry into the Senior Management team, as established in the remuneration policies applicable in each financial year: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2023 Deferred AVR: the first payment of the deferred short-term incentive was made, with the members of Senior Management receiving a combined total of €549 thousand and 93,698 shares.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2022 Deferred AVR: the second payment was made, with the members of Senior Management receiving a combined total of €493 thousand and 117,265 shares.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2021 Deferred AVR: the third payment was made, after having verified that its reduction was not due based on the result of the multi-year performance indicators determined in 2021 by the Board of Directors. The members of Senior Management received a combined total of €466 thousand and 112,536 shares.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Notwithstanding the above, one member of Senior Management, who was an executive of BBVA USA at the time, has been paid the second installment of the deferred portion of a success bonus on the sale of BBVA USA (€56 thousand and 14,340 shares). </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">2019 Deferred AVR: the third and final payment was made, with the members of Senior Management receiving a combined total of €266 thousand and 65,941 shares.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:21.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.949%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.401%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,123</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,097</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,254</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,306</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Contributions recorded to meet pension commitments with Senior Management, excluding executive directors, in the proportional portion corresponding to the first half of the 2025 and 2024 financial years. These amounts are equal to the sum of the annual contributions to retirement pensions, prorated for the first half of the year, and the adjustments made to the "discretionary pension benefits" for the 2024 and 2023 financial years, which were to be contributed in the 2025 and 2024 financial years, respectively, and with the insurance premiums paid by the Bank to cover death and disability contingencies, prorated for the first half of each financial year.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #001391;padding:2px 1pt 2px 2.08pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PAYMENTS FOR THE TERMINATION OF THE CONTRACTUAL RELATIONSHIP</span></td><td colspan="3" style="border-bottom:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to Senior Management, excluding executive directors, the Bank did not make any payments during the first half of 2025 and 2024 in respect of the termination of contractual relationships with any members of this group.</span></div> <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of non-executive directors for the first half of the 2025 and 2024 financial years is as follows, individually and by remuneration item:</span></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:20.081%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:6.392%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.121%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.392%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.672%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.679%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION OF NON-EXECUTIVE DIRECTORS (THOUSANDS OF EUROS) </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.85pt;font-weight:700;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Board of Directors</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Executive Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Audit Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Risk and Compliance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Remuneration Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Appointments and Corporate Governance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Technology and Cybersecurity Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other positions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(2)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">June 2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">June 2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">313</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">313</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">231</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sonia Dulá </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">151</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Belén Garijo López</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">83</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cristina de Parias Halcón </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(4)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">109</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Revenga Shanklin </span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(5)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jan Verplancke</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(6)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">250</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">249</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">321</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,096</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,987</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes amounts corresponding to the positions on the Board and its various Committees, the composition of which was last modified on April 26, 2024.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. Likewise, in the first half of the 2025 and 2024 financial years, she was paid €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to deferred variable remuneration accrued in the 2018 and 2019 financial years in her former position as a member of BBVA’s Senior Management. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5) In addition, Carlos Salazar Lomelín received €77 thousand and €65 thousand in the first half of the 2025 and 2024 financial years, respectively, in attendance fees for meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and the strategy forum of BBVA México, S.A.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6) The total amount reported for the first half of financial year 2024 does not include amounts corresponding to the positions on the Board and on the various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively.</span></div> 64000 83000 83000 0 0 58000 0 25000 313000 313000 64000 83000 0 53000 0 23000 0 0 224000 231000 64000 0 33000 53000 0 0 0 0 151000 72000 64000 0 33000 53000 0 0 0 0 151000 151000 64000 0 0 107000 0 23000 21000 40000 256000 256000 64000 83000 0 0 0 23000 0 0 171000 207000 64000 0 33000 0 0 0 0 0 98000 98000 64000 0 33000 0 21000 0 0 0 119000 119000 64000 0 0 0 0 23000 21000 0 109000 58000 64000 0 33000 0 21000 0 0 0 119000 119000 64000 0 0 53000 54000 0 21000 0 193000 171000 64000 0 0 0 21000 0 0 0 86000 86000 64000 0 0 0 21000 0 21000 0 107000 107000 837000 250000 249000 321000 139000 150000 86000 65000 2096000 1987000 <div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.397%"><tr><td style="width:1.0%"></td><td style="width:21.777%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.036%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.040%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION SYSTEM WITH DEFERRED DELIVERY OF SHARES FOR NON-EXECUTIVE DIRECTORS</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="18" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the first half of the 2025 and 2024 financial years, the following theoretical shares derived from the remuneration system with deferred delivery of shares have been allocated to the non-executive directors, in an amount equivalent to 20% of the total annual fixed allowance in cash received by each of them in the 2024 and 2023 financial years, respectively. The BBVA shares, in a number equivalent to the theoretical shares accumulated by each non-executive director, will be delivered to each beneficiary, where applicable, after the end of their respective term of office as a director for any reason other than serious dereliction of their duties.</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated at June 30 </span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated at June 30</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,930</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">158,385</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,407</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">147,455</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,959</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114,269</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,350</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">106,310</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,894</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,894</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sonia Dulá</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,279</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,321</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,042</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,042</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,944</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49,135</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,423</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40,191</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Belén Garijo López</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,598</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117,191</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,401</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110,593</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,587</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,914</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,177</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">81,136</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,384</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76,977</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cristina de Parias Halcón (2)</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,915</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,915</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,159</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51,872</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,384</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47,713</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,364</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,525</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,947</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31,161</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,998</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24,010</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,882</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,012</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Jan Verplancke</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,747</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,370</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,851</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40,623</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,356</span></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">705,610</span></td><td colspan="3" style="background-color:#80c9ff;padding:0 1pt"></td><td colspan="3" style="background-color:#80c9ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,985</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">634,254</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The number of theoretical shares allocated has been calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Directors appointed by the General Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) The total number of theoretical shares allocated during the first half of the 2024 financial year does not include the 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024 and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them.</span></div> 10930 158385 13407 147455 7959 114269 11350 106310 3894 3894 0 0 5279 10321 5042 5042 8944 49135 10423 40191 6598 117191 9401 110593 3410 10587 3914 7177 4159 81136 5384 76977 2915 2915 0 0 4159 51872 5384 47713 6364 37525 6947 31161 2998 24010 3882 21012 3747 44370 4851 40623 71356 705610 79985 634254 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of executive directors for the first half of the 2025 and 2024 financial years is as follows, individually and by remuneration item:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ANNUAL FIXED REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June</span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,462</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,462</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></td></tr></table></div> 1462000 1462000 1090000 1090000 2551000 2551000 <div style="margin-bottom:10pt;margin-top:30pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.116%"><tr><td style="width:1.0%"></td><td style="width:21.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.598%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.601%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #adb8c2;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #adb8c2;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,898</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,793</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,898</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,793</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Contributions recorded to meet pension commitments with executive directors in proportion to the first half of the 2025 and 2024 financial years. In the case of the Chair, these relate to the sum of the annual contribution to the retirement pension, in the proportional portion of the first half of the year, and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, which were to be contributed in the 2025 and 2024 financial years, respectively, and to death and disability insurance premiums, in the proportional portion for the first half of each financial year. In the case of the Chief Executive Officer, the contributions reported correspond exclusively to the insurance premiums paid by the Bank, corresponding to the first half of each financial year, to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement.</span></div> 236000 236000 118000 126000 27898000 25793000 0 0 110000 110000 0 0 236000 236000 228000 236000 27898000 25793000 <div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of the Senior Management team as a whole, excluding executive directors, corresponding to the first half of the 2025 and 2024 financial years (16 and 15 members with such status as of June 30, 2025 and June 30, 2024, respectively), is indicated below by remuneration item: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.256%"><tr><td style="width:1.0%"></td><td style="width:65.758%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.472%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">FIXED REMUNERATION (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June </span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June</span><div><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> 2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-left:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,702</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,521</span></td></tr></table></div> 9702000 9521000 <div style="margin-bottom:10pt;margin-top:30pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.537%"><tr><td style="width:1.0%"></td><td style="width:21.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.949%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.401%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2025</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">June 2024</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,123</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,097</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,254</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,306</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Contributions recorded to meet pension commitments with Senior Management, excluding executive directors, in the proportional portion corresponding to the first half of the 2025 and 2024 financial years. These amounts are equal to the sum of the annual contributions to retirement pensions, prorated for the first half of the year, and the adjustments made to the "discretionary pension benefits" for the 2024 and 2023 financial years, which were to be contributed in the 2025 and 2024 financial years, respectively, and with the insurance premiums paid by the Bank to cover death and disability contingencies, prorated for the first half of each financial year.</span></div> 2123000 2097000 528000 561000 42254000 37306000 Subsequent events<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">From July 1, 2025 to the date of preparation of these Consolidated Financial Statements, no subsequent events requiring disclosure in these Consolidated Financial Statements have taken place that significantly affect the Group’s earnings or its consolidated equity position.</span></div> 776974000000 (1) Balances as of December 31, 2024 as originally reported in the consolidated financial statements for the year 2024. (1) Balances as of December 31, 2023 as originally reported in the consolidated financial statements for the year 2023. (1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group. (1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for year 2024 have been revised, which has not affected the consolidated financial information of the Group. (1) Spain includes all the countries where BBVA, S.A. operates. (2) Turkey includes all the countries in which Garanti BBVA operates. (3) In South America, BBVA Group operates in Argentina, Colombia, Peru and Uruguay. (4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of June 30, 2025, the remaining balance was €86 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize. (1) Spain includes all the countries where BBVA, S.A. operates. (2) Turkey includes all the countries in which Garanti BBVA operates. (3) In South America, the BBVA Group operates in Argentina, Colombia, Peru and Uruguay. (4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024, the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize. (1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment. (1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments. (1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments. (1) The variation is mainly due to the evolution of the balances held in the Bank of Spain (1) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale". (1) Subordinated deposits are included amounting to €103 million and €48 million as of June 30, 2025 and December 31, 2024, respectively. (1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9. (1) Individually non-significant provisions for various concepts and corresponding to different geographical areas. (1) Provisional data. (1) Provisional data. (1) Impaired financial guarantees given amounted to €494 million and €631 million, respectively, as of June 30, 2025 and December 31, 2024, respectively. (1) Includes interest on demand deposits at central banks and credit institutions. (1) In the six months ended June 30, 2025, it includes €211 million due to Argentina and €76 million due to Turkey. In June 2024, it included €1,020 million due to Argentina and €190 million due to Turkey. (2) In the six months ended June 30, 2024, it included €285 million corresponding to the estimated total annual amount of the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022. (1) The variation is mainly explained by the recognition of lower expense corresponding to the value added tax in BBVA, S.A. following the upward re-estimation of such tax, applied pro-rata in previous periods and in 2025. (1) Excluding executive directors. (1) Includes amounts corresponding to the positions on the Board and its various Committees, the composition of which was last modified on April 26, 2024. (2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director. (3) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. (4) Director appointed by the General Shareholders’ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. Likewise, in the first half of the 2025 and 2024 financial years, she was paid €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to deferred variable remuneration accrued in the 2018 and 2019 financial years in her former position as a member of BBVA’s Senior Management. (5) In addition, Carlos Salazar Lomelín received €77 thousand and €65 thousand in the first half of the 2025 and 2024 financial years, respectively, in attendance fees for meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and the strategy forum of BBVA México, S.A. (6) The total amount reported for the first half of financial year 2024 does not include amounts corresponding to the positions on the Board and on the various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively. (1) The number of theoretical shares allocated has been calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively. (2) Directors appointed by the General Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025. (3) The total number of theoretical shares allocated during the first half of the 2024 financial year does not include the 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024 and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them. (1) Contributions recorded to meet pension commitments with executive directors in proportion to the first half of the 2025 and 2024 financial years. In the case of the Chair, these relate to the sum of the annual contribution to the retirement pension, in the proportional portion of the first half of the year, and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, which were to be contributed in the 2025 and 2024 financial years, respectively, and to death and disability insurance premiums, in the proportional portion for the first half of each financial year. In the case of the Chief Executive Officer, the contributions reported correspond exclusively to the insurance premiums paid by the Bank, corresponding to the first half of each financial year, to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement.PAYMENTS FOR THE TERMINATION OF THE CONTRACTUAL RELATIONSHIP (1) Contributions recorded to meet pension commitments with Senior Management, excluding executive directors, in the proportional portion corresponding to the first half of the 2025 and 2024 financial years. These amounts are equal to the sum of the annual contributions to retirement pensions, prorated for the first half of the year, and the adjustments made to the "discretionary pension benefits" for the 2024 and 2023 financial years, which were to be contributed in the 2025 and 2024 financial years, respectively, and with the insurance premiums paid by the Bank to cover death and disability contingencies, prorated for the first half of each financial year.