BBVA Group highlights

BBVA Group highlights (Consolidated figures)

31-03-19 ∆% 31-03-18 31-12-18
Balance sheet (million euros)
Total assets 691,200 0.8 685,688 676,689
Loans and advances to customers (gross) 393,321 3.0 381,683 386,225
Deposits from customers 378,527 5.1 360,213 375,970
Total customer funds 481,754 4.9 459,113 474,120
Total equity 53,547 2.9 52,043 52,874
Income statement (million euros)
Net interest income 4,420 3.1 4,287 17,591
Gross income 6,069 0.7 6,026 23,747
Operating income 3,147 3.2 3,050 12,045
Net attributable profit 1,164 (9.8) 1,290 5,324
The BBVA share and share performance ratios
Number of shares (million) 6,668 - 6,668 6,668
Share price (euros) 5.09 (20.8) 6.43 4.64
Earning per share (euros) (1) 0.16 (9.7) 0.18 0.76
Book value per share (euros) 7.20 5.4 6.83 7.12
Tangible book value per share (euros) 5.94 6.1 5.60 5.86
Market capitalization (million euros) 33,960 (20.8) 42,868 30,909
Yield (dividend/price; %) 4.9 3.4 5.4
Significant ratios (%)
ROE (net attributable profit/average shareholders' funds +/-
average accumulated other comprehensive income) (2)
9.9 11.5 11.5
ROTE (net attributable profit/average shareholders' funds
excluding intangible assets +/- average accumulated
other comprehensive income) (2)
11.9 14.0 14.1
ROA (profit or loss for the year/average total assets) 0.84 0.93 0.91
RORWA (profit or loss for the year/average risk-weighted assets) 1.60 1.75 1.74
Efficiency ratio 48.1 49.4 49.3
Cost of risk 1.06 0.85 1.01
NPL ratio 3.9 4.4 3.9
NPL coverage ratio 74 73 73
Capital adequacy ratios (%)
CET1 fully-loaded 11.3 10.9 11.3
CET1 phased-in (3) 11.6 11.1 11.6
Total ratio phased-in (3) 15.2 15.4 15.7
Other information
Number of clients (million) 75.7 2.9 73.6 74.8
Number of shareholders 892,316 0.2 890,146 902,708
Number of employees 125,749 (4.6) 131,745 125,627
Number of branches 7,844 (4.3) 8,200 7,963
Number of ATMs 31,922 1.0 31,602 32,029
  • General note: the application of accounting for hyperinflation in Argentina was performed for the first time in September 2018 with accounting effects on January 1, 2018, recording the impact of the nine months in the third quarter. In order to make the 2019 information comparable to 2018, the income statements and balance sheets of the first three quarters of 2018 have been reexpressed to reflect these impacts.
  • (1) Adjusted by additional Tier 1 instrument remuneration.
  • (2) The ROE and ROTE ratios include, in the denominator, the Group’s average shareholders’ funds and take into account  ​the item called “Accumulated other comprehensive income”, which forms part of the equity. Excluding this item, the ROE would stand at 8.6%, in the first quarter of 2019; 10.1%, in 2018; and 10.1%, in the first quarter of 2018; and the ROTE at 10.2%, 11.9% and 12.0%, respectively.
  • (3) As of March 31, 2019, phased-in ratios include the temporary treatment on the impact of IFRS 9, calculated in accordance with Article 473 bis of the Capital Requirements Regulation (CRR).