BBVA’s net attributable profit in the first quarter of 2012 was €1,005m. This is very similar to the average quarterly profits (excluding one-offs) reported in 2011 and of high quality, as explained above.
By business areas, all generated a positive profit: Spain contributed €229m, Eurasia €299m, Mexico €430m, South America €370m, and the United States €115m.
Earnings per share (EPS) amounted to €0.20 in the quarter, return on average total assets (ROA) reached 0.79%, return on equity (ROE) of 9.9% and return on equity excluding goodwill (ROTE) of 12.6%. These ratios mean BBVA continues to be one of the most profitable banks in its peer group.
