Shareholder Report
January-June 2012 earnings

News

BBVA earns €1,510m in the first six months of 2012

BBVA's President and COO, Ángel Cano, pointed out that "despite the complexity of the backdrop and the regulatory requirements, BBVA earnings continue to grow strongly and generate profits."

BBVA closes the purchase of Unnim Banc after receiving the authorization from Brussels

The Group has completed the acquisition of 100% of the share capital of Unnim Banc, S.A., marking the beginning of a new project for the future, growth and consolidation of the Group in Catalonia.

On July 16, the quarterly dividend reinvestment plans were purchased.

The reinvestment of dividends was performed with the simple arithmetic mean of the changes weighted on July 10, 11, 12, 13 and 16, 2012. The reinvestment price was €5.0541 per share.

In July, BBVA paid a €0.10 per share cash dividend

The Board of Directors has approved the distribution of an interim dividend against 2012 for a gross amount of €0.10 per share.

On June 30, a partial mandatory conversion of outstanding mandatory subordinate convertible bonds issued by BBVA in December 2011 at €5.18 per share took place

To address the mandatory partial conversion of convertible bonds, 238,682,213 new ordinary BBVA shares were issued.

The June 22 reports from the independent consulting firms Oliver Wyman and Roland Berger confirm that BBVA will not need additional capital

The independent consulting firms commissioned by the Bank of Spain and the Ministry of Economy to conduct an assessment on the Spanish banking sector confirmed that BBVA will require no additional capital even in the most adverse economic scenario.

At the Euromoney Awards for Excellence 2012, the BBVA Group received the honor as "Best Bank in Latin America"

Euromoney magazine has distinguished BBVA as the "Best Bank in Latin America." This award, one of the most prestigious in the financial world, recognizes BBVA's leadership in innovation and efficiency, as well as its soundness and performance.

BBVA is the first Spanish bank with a banking branch in Taiwan. This makes five in Asia: Taipei, Hong Kong, Singapore, Tokyo and Seoul

The Chairman and CEO of BBVA inaugurates the new branch and highlights the strategic importance of this market due to its developed and expanding economy.

Launch of BBVA Suma, a digital collective funding platform for donations to emerging economies and solidarity causes

BBVA Suma offers users the opportunity to donate the amount of money they choose and as often as they like.

© Banco Bilbao Vizcaya Argentaria, S.A. 2012