Shareholder Report
Results for January - September 2012

Noticias

BBVA earns €1,656 million in the first nine months of 2012

Operating income, which is critical for absorbing loan-loss provisions, amounted to €9,000 million between January and September.

On October 23, the quarterly and half-yearly dividend reinvestment plans were implemented at a price of €6.457 per share

The reinvestment of dividends was performed using the simple arithmetic mean of the weighted trading prices on October 18, 19, 22 and 23.

BBVA pays a dividend of €0.10 per share using the "dividend option" formula in October

The Board of Directors of BBVA agreed to carry out the capital increase under the terms agreed by the Shareholders' Meeting.

BBVA wins the Stevie award for Best Investor Relations Site at the International Business Awards

Prior to this, the BBVA Shareholders, Investors and Analysts website had already received an award at the IR Summit 2012.

The Bank of Spain published the results of the Oliver Wyman stress test on the Spanish banking system and once again confirmed that BBVA will need no additional capital

The results indicated that, even in the most severe economic scenario, BBVA would maintain a level of capital in excess of the required minimum.

BBVA complies with 9% Tier I capital ratio

It thus complies with the capital requirements stipulated by the European Banking Authority (EBA) and the sovereign buffer capital requirement established in November 2011.

99.3% of retail customers holding Unnim preference shares exchange them for BBVA shares

This operation has enabled owners of Unnim preference shares to take advantage of a very advantageous solution offering them immediate liquidity.

BBVA launches "Innovation Edge", the first iPad magazine about banking innovation

Innovation Edge is the first corporate magazine designed originally for the iPad and focusing on innovation in the financial sector.

BBVA launches a website to analyze opinions in Twitter on Ibex 35 stocks

Stockbuzz tells us about market expectations using the information published on the social network.

BBVA Bancomer joins the Momentum project

This is global initiative of the BBVA Group, which helps entrepreneurs develop business initiatives and bring about social change in the country.

© Banco Bilbao Vizcaya Argentaria, S.A. 2012