The difference between what the Bank pays for deposits and the interest it charges for loans, i.e. the net interest income, is its main source of revenue.
Recurring revenues, which are the sum of net interest income and income from fees and commissions, allow the Bank to cover its overheads, including salaries and payment of taxes and dividends. The role of banks thus has a positive impact on society. It also requires the maintenance of levels of capital that are sufficient to keep the Entity solvent.
Results
Generalized growth in the more recurring revenue items
GROSS INCOME (€M)
23,747
+4.3%
OPERATING INCOME (€M)
12,045
+6.2%
NET ATTRIBUTABLE PROFIT (€M)
5,324
+78.2%
Year-on-year changes at constant exchange rates.
Profitability / Efficiency
Profitability and efficiency indicators improvement
Balance sheet and business activity
Activity figures affected by the operations carried out in 2018 (1)
(1) Sales of BBVA Chile and the real-estate business in Spain.
Solvency
The capital position is above regulatory requirements
Risk management
Solid indicators of the main credit-risk metrics
