Banco Bilbao Vizcaya Argentaria SA (OTCPK:BBVXF)
$ 25.17 -0.19 (-0.75%) Market Cap: 142.30 Bil Enterprise Value: 153.76 Bil PE Ratio: 11.95 PB Ratio: 2.22 GF Score: 66/100

Q4 2023 Banco Bilbao Vizcaya Argentaria SA Pre-Recorded Earnings Presentation Transcript

Jan 30, 2024 / NTS GMT
Release Date Price: $8.86 (-0.39%)
Carlos Torres Vila
Banco Bilbao Vizcaya Argentaria, S.A. - Group Executive Chairman

2023 was a very positive year for BBVA. We increased lending by 8% and added more than 11 million new customers, helping more families and companies meet their goals and carry out their projects. In addition, decarbonization has clearly exceeded our expectations as a business opportunity. In 2023, we channeled EUR 70 billion in financing related to climate change and inclusive growth. Thanks to all this activity, our profit surpassed EUR 8 billion for the first time.

These results allow us to extend our positive impact on society throughout our footprint and to create value for all of our stakeholders, clients, shareholders, employees and society as a whole. We allocate EUR 4 billion, which is 1/3 of our pretax profit to corporate income tax, a direct

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