In 2017, the BBVA Group generated a net attributable profit of €3.52 billion (+1.3 percent). Without taking into account the impairment losses from Telefónica, net profit for 2017 stood at €4.64 billion, up 19.7 percent compared to 2016 results, excluding the provisions related to ‘floor clauses’ in Spain.

The BBVA Group posted a net attributable profit of €3.45 billion during the first nine months of 2017, nearly equal to its profit for the whole of 2016 and an increase of 23.3% from the same period a year earlier (+28.7% at constant exchange rates).

Between January and June 2017, BBVA Group posted a net attributable profit of €2.31 billion, up 25.9% from the same period a year earlier (+30.8% in constant terms).

BBVA Group obtained a net attributable profit of €1.2 billion between January and March 2017, up 69% compared to the same period a year earlier (+79.2% in constant terms) and the highest of the past seven quarters.