BBVA’s Turkish unit reported net income of TL 53.6 billion for the first half of 2025, according to consolidated financial statements as of June 30. Total assets grew to TL 3.82 trillion, while the bank provided TL 2.95 trillion to the economy through cash and non-cash loans. Customer deposits remained the primary source of funding, accounting for 69.5 percent of total assets. The deposit base expanded 26.7 percent in the first six months to TL 2.66 trillion. The bank maintained a robust capital adequacy ratio of 15.6 percent.* Return on average equity (ROAE) stood at 30.7 percent, while return on average assets (ROAA) was 3.1 percent.

*Calculated without the forbearance introduced by BRSA

BBVA posted a record €5.45 billion profit, up 9 percent yoy (+31 percent in constant euros) in the first half of 2025, driven by greater activity in Spain and Mexico. The bank reported excellent metrics in profitability -with ROTE above 20 percent-, and value creation for shareholders, with growth of the tangible book value per share plus dividends of nearly 15 percent. BBVA also improved its profitability and efficiency prospects at Group level, as well as lending and net interest income for Spain, among others. The bank also unveiled its financial goals for the 2025-2028 period. It expects to earn an accumulated net attributable profit of around €48 billion over four years, while having €36 billion of highest-quality capital available for distribution to shareholders through 2028¹.  Furthermore, BBVA expects average ROTE to reach around 22 percent during this period, with the efficiency ratio improving to levels around 35 percent.  The bank also set a goal to increase the tangible book value per share plus dividends by around 15 percent (CAGR).

¹ Subject to the approval of the corresponding governing bodies and the required regulatory authorizations.

Ami Vitale is an American photographer and filmmaker, and a National Geographic ambassador.She captures hopeful, inspiring stories about nature—and our connection to it. With multiple awards and a global following of over one million on Instagram, she is a leading voice in visual storytelling for sustainability.

BBVA has hired 23 recent graduates specializing in data for its technology teams. They were selected through the bank’s ‘Be Talent’ program, one of the main entryways for data specialists entering the Spanish job market. This innovative selection process evaluates not only the candidates’ technical skills and personal abilities, but also asks them to develop an analytical model for a real financial challenge in a ‘datathon’ that marks the final stage in the selection process.

When a company defines its strategic roadmap, it must also establish the financial approach that will underpin its execution. In this context, bank loans and corporate bonds emerge as two often complementary avenues for supporting growth. Financial decision-making thus becomes a central pillar of strategy execution. Choosing between them, or combining both judiciously,is not merely a tactical move, but a strategic decision with profound implications for the company’s present and future development.

BBVA’s Turkish franchise has secured three accolades at the Euromoney Awards for Excellence 2025, consolidating its position as a leader in sustainable banking and workplace inclusion across Central and Eastern Europe. The bank was named Best Bank for Diversity and Inclusion and Best Sustainable Finance Bank in the CEE region, and also took home the Best Sustainable Finance Bank award for Türkiye.

BBVA’s Turkish franchise provides financing for Uludağ Elektrik Dağıtım A.Ş.’s electricity distribution investments across Bursa, Balıkesir, Çanakkale, and Yalova, contributing to regional energy resilience and sustainable development.

The BBVA Group scooped 13 awards at the Euromoney Awards for Excellence ceremony held last night in London, attended by over 350 representatives from the international financial community. BBVA’s franchises in Mexico, Peru, Spain and Türkiye all received awards under various categories.

BBVA has been recognized as the World’s Best Corporate Bank for 2025 by Global Finance for the third year running, cementing its status as a global leader in the financial industry. This award is a testament to BBVA’s continued excellence and innovation in corporate banking, one of its strategic priorities.

Garanti BBVA has become the first Turkish financial institution to adopt the Equator Principles, a globally recognized risk management framework used by over 130 financial institutions to assess and manage environmental and social risks in project finance.

BBVA continues to drive growth in Europe with the appointment of Walter Rizzi as Head of Digital Banking in Italy, a key role in adapting the bank’s offering to the needs of the local market.

‘Aprendemos juntos Kids’ launches its third season by taking the leap into animation. BBVA’s educational series explores the world of childhood emotions through stories to help children grow with a positive, curious and brave take on life.

What if saving was easier than it seems? BBVA has revamped its app to help you save consistently in a streamlined and personalized way. Through tools based on artificial intelligence, it proposes realistic goals, guides you step by step and, if you set aside a monthly amount from your paycheck, pension or unemployment benefit, it rewards you with a 6 percent bonus of up to 20 euros per month for three months.

Responsible for 10 percent of global CO2 emissions, the fashion industry aims to reinvent itself with circular economic models. SYRE, a company in the H&M Group, is spearheading the change with a large-scale textile recycling system based on  cleantech to reduce waste and decarbonize polyester production.

Who hasn’t been there at some point? An important bill comes in and due to either an oversight or an unforeseen expense, you don’t have sufficient money in your account. To prevent these situations, BBVA has come up with a smart solution on its app that lets you stay one step ahead and boost your account balance. What’s more, if you need it and meet certain requirements, such as having your salary deposited into your account, or a personal loan, you automatically receive up to €300 in coverage to pay for direct debit bills, avoiding last-minute stress.

BBVA’s Turkish franchise has unveiled ‘My Banker,’ a new program aimed at delivering tailored financial services and lifestyle benefits to its affluent customer segment.

If you’ve managed to put aside some money and are now wondering what to do with it, the BBVA app makes it easy. Now you can learn to invest from your phone, with tools designed for beginners and with no jargon or obstacles.

In 2024, BBVA channeled €27 billion to boost the sustainable business and fund development projects in its emerging markets (Mexico, South America and Turkey), which represents a 60 percent increase over 2023. Meanwhile, the BBVA Microfinance Foundation allocated €1.5 billion in lending to vulnerable entrepreneurs in 2024.

BBVA's Investor Relations and senior management team have been honored with a set of prestigious awards from the investment community, underscoring their unwavering commitment to transparent and effective communication with institutional investors.

Within the framework of the 4th International Conference on Financing for Development (FFD4), held from June 30 to July 3 in Seville, the BBVA Microfinance Foundation (FMBBVA) is strengthening its position as a benchmark in development financing from the private sector. Of special note is its commitment to technological innovation to promote the progress of vulnerable entrepreneurs. 

Following the assessment of the condition imposed by the Spanish Council of Ministers on June 24, 2025, BBVA is to move forward with the acquisition of Banco Sabadell as “the project creates significant value for the shareholders of both entities and represents a unique opportunity to build one the most competitive and innovative banks in Europe. Together we will be a stronger institution, with greater scale and the capacity to increase lending to households and business by €5 billion annually, thereby supporting the economic growth of our country,” BBVA Chair Carlos Torres Vila said.

Brazil is emerging as a pillar of growth and sustainability for BBVA in Latin America, with the formal launch of its local operations in the country. With a permanent office now up and running in São Paulo, an initial product offering in place, and a rapidly growing team, the bank is entering a new phase in its regional strategy, reaffirming its commitment to key markets across the region.

This week, BBVA completed two significant risk transfers (SRTs) with a combined value of €3.5 billion.  BBVA also reached an agreement to sell a €314 million portfolio of restructured mortgages. These transactions allow the Group to unblock regulatory capital, as part of its strategy to optimize capital allocation.

Garanti BBVA has been recognized as the “Best Cash Management Bank” in Türkiye by Global Finance magazine for the second year in a row. The publication, which has been evaluating financial institutions globally for 37 years, honored the bank for its continued excellence in the cash management field.

Today in Frankfurt, BBVA officially launched its new digital bank in Germany. It combines cutting-edge technology, through one of the top financial apps in the world, with a compelling value proposition: an interest-bearing checking account paying three percent for the first 12 months, and a debit card with a three percent cashback on purchases - both paid monthly and completely free of charges, with no fees. “We’re bringing something new to Germany. A banking experience that combines the simplicity and convenience of a fee-free account, typical of digital actors, with the full range of products, reliability, and trust of a universal bank,” said BBVA CEO Onur Genç.

Garanti BBVA Crypto is partnering with Wyden, a global provider of institutional digital asset trading infrastructure, to strengthen its crypto service offering for retail and institutional clients. As part of the collaboration, Garanti BBVA Crypto will support trading pairs between the Turkish Lira, US Dollar, and other cryptocurrencies, expanding local market access and providing a seamless, efficient trading experience for Turkish investors.