The Basque-based banking giant achieved its highest profit in history, increasing 4.5% compared to the previous year, despite the failed takeover bid (OPA) for Sabadell. This result was primarily based on an 11.6% increase in credit activity, which boosted net interest income by 4%, along with a 2.8% rise in commission income.
Return on equity reached 19.3%, and the bank expects it to increase this year to levels around 20%.
Following these strong results, BBVA confirmed its intention to accelerate shareholder remuneration. It will pay a complementary ordinary dividend of 0.6 euros per share in April. This brings the total annual dividend to a historic maximum of 0.92 euros, 31% higher than in 2024, supplemented by a share buyback program worth 993 million euros.
Geographically, Mexico remains the group's main profit contributor, generating 5.264 billion euros, closely followed by Spain, which contributed 4.175 billion euros. Other significant markets include Turkey (805 million) and Peru (295 million).
