BBVA Group Highlights

(Consolidated figures)

	31-12-09	D%	31-12-08	31-12-07
Balance sheet (million euros)
Total assets	535,065	(1.4)	542,650	501,726
Total lending (gross)	332,162	(3.1)	342,682	320,311
Customer funds on balance sheet	371,999	(1.2)	376,380	337,518
Other customer funds	136,957	15.1	119,017	150,777
Total customer funds	508,957	2.7	495,397	488,295
Total equity	30,763	15.2	26,705	27,943
Stockholders' funds	29,362	10.4	26,586	24,811
Income statement (million euros)
Net interest income	13,882	18.8	11,686	9,628
Gross income	20,666	8.9	18,978	17,271
Operating income	12,308	17.0	10,523	9,441
Income before tax	5,736	(17.2)	6,926	8,495
Net attributable profit	4,210	(16.1)	5,020	6,126
Net attributable profit excluding one-offs¹	5,260	(2.8)	5,414	5,403
Data per share and share performance ratios
Share price (euros)	12.73	47.0	8.66	16.76
Market capitalization (million euros)	47,712	47.0	32,457	62,816
Net attributable profit per share (euros)	1.12	(17.0)	1.35	1.70
Net attributable profit per share excluding one-off operations (euros)¹	1.40	(3.9)	1.46	1.50
Dividend per share (euros)²	0.42	(42.7)	0.63	0.73
Book value per share (euros)	7.83	10.4	7.09	6.62
Tangible book value per share (euros)³	6.27	25.0	5.02	5.44
P/BV (Price/book value; times)	1.6		1.2	2.5
Price/tangible book value (times)³	2.0		1.7	3.1
PER (Price/Earnings; times)	11.3		6.5	10.3
Yield (Dividend/Price; %)²	3.3		7.3	4.4
Significant ratios (%)
ROE (Net attributable profit/Average equity)	16.0		21.5	34.2
ROE excluding one-off operations¹	20.0		23.2	30.2
ROA (Net income/Average total assets)	0.85		1.04	1.39
ROA excluding one-off operations¹	1.04		1.12	1.23
RORWA (Net income/Average risk-weighted assets)	1.56		1.94	2.39
RORWA excluding one-off operations¹	1.92		2.08	2.12
Efficiency ratio	40.4		44.6	45.3
Risk premium excluding one-off operations¹	1.15		0.82	0.60
NPA ratio	4.3		2.3	1.0
NPA coverage ratio	57		92	225
Capital adequacy ratios (%)
BIS Ratio	13.6		12.2	13.4
Core capital	8.0		6.2	6.2
Tier I	9.4		7.9	7.7
Other information
Number of shares (millions)	3,748		3,748	3,748
Number of shareholders	884,373		903,897	889,734
Number of employees	103,721		108,972	111,913
Number of branches	7,466		7,787	8,028
Number of ATMs	19,279		18,194	16,808

General note: The consolidated accounts of the BBVA Group have been drawn up according to the International Financial Reporting Standards (IFRS) adopted by the European Union and in conformity with Bank of Spain Circular 4/2004, together with the changes introduced therein. In 2008, the Bank of Spain Circular 6/2008 came into force. Therefore, some of the figures for previous years have been modified for presentation purposes, to facilitate an inter-annual comparison, without affecting the total equity or the Group’s profit. ¹The third quarter of 2009 includes capital gains from the sale and leaseback of real estate with generic insolvency provisions, with no effect on the attributable, and in the fourth quarter, there was an extraordinary provision and a charge for goodwill impairment in the United States. In 2008, capital gains from Bradesco in the first quarter, provisions for non-recurrent early-retirements in the second and fourth quarters and provision for the loss originated by the Madoff fraud in the fourth quarter. ²The dividend corresponding to 2008 includes €0.501 in cash and €0.129 in payment-in-kind (delivery of shares valued at April 17th, 2009 closing price). ³Net of goodwill.

Operating income

(Million euros)

Group attributable profit excluding one-offs

(Million euros)

Shareholders’ funds

(Million euros)

Efficiency ratio

(Percentage)

ROE

(Percentage)

Dividend per share

(Euros)