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2015 Third Quarter Results

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Page 1: 2015 Third Quarter Results

vs. 3Q14

€ 784 M

€ 2,815 M+30.4%

vs. 9M14+45.9%

3Q15

9M15

2015 Third Quarter Results

Net attributable profit

€ 5,980 M

€ 1,074 M

+14.5%

+23.2%Constant €

3Q15

vs. 3Q14

3Q15

1.10%

Gross income

vs. 3Q14

Impacted by market environment

Cost of Risk and Loan-lossprovisions + RE impairments

Cost of risk YTD

Loan-loss provisions +Real-estate impairments

3Q15

+9% vs. 3Q14

€ 2,673 M

+21.1%Constant €

vs. 3Q14

Operating income

Risks

Indicators continue to improve

5.6%NPL ratio

74%Coverage ratio CET1 Ratios

11.7%

Leverage ratio

5.7% Fully-loaded

Fully-loaded

9.8%

Phased-in

Capital

Garanti Bank Closing

Digital customer base Distribution model Digital sales

Digital customers Mobile customers

14.0 M 40 M-41%+21% vs. Sep14 vs. Sep14 vs. 2009

7.6 M+51%

Maintaining positive jaws

Improvement in risk indicators Solid capital ratios

(Figures include Turkey)

Transformation on track

Branch activity

23.7%

Digital consumer loansBBVA Spain - % of new loansBBVA Spain - Transactions*BBVA Group BBVA Group

Good performance of recurring income

(Ex. corporateoperations)

*Annualized September 2015 figures

Footprint• In spite of slowdown, 2-3% GDP growth rate is expected

Macro Outlook

South America• A�ected by foreign and

domestic headwinds

• Positive growth in the

Pacific Alliance

Mexico• Resilient economy

• Recovery linked to the US economy

USA• Solid domestic demand

• Gradual interest rate hike

Spain• Solid GDP growth

Turkey• High growth trend despite geopolitical risk

Since the third quarter of 2015, the total stake in Garanti (39.90%) is consolidated by the full integration method. For previous years, the financial information provided in this document is presented integrated in the proportion corresponding to the percentage of the Group’s stake at that time (25.01%).

Improvement in cost of risk

Page 2: 2015 Third Quarter Results

USA

€ 410 M+12.1% vs. 9M14

vs. 9M14

Constant €

€ -407 M

Spain

* According to Bank of Spain's "RE transparency scope" (Circular 5-2011)

€ 1,101 M+32.0%

vs. 9M14-36.0%

Activity dynamism

New loan productiondynamism

Loan-loss provision reduction

Distribution model transformation

Market: increase in demand

BBVA: maximizing value of sales

Market: mortgages benefit from low interest

rates

Good P&L trends

Positive sensivity to rising interest rates

2015 Third Quarter Results

Net attributable profit

Net attributable profit

Net attributable profit

9M15 Results

9M15 Results

Net exposure*

Turkey Constant €

€ 249 M+7.3% vs. 9M14

Excellent NII performance

Negative trading income

Outstanding asset quality

9M15 Results

Net attributable profit

€ 1,513

Mexico Constant €

+9.6% vs. 9M14

Double-digit business activity growth

Portfolio mix change

Sound and improvingrisk indicators

9M15 Results

Net attributable profit

€ 689 M+7.1% vs. 9M14

Activity dynamism translated into P&L

Investing in transformation

Andean region growth

9M15 Results

Net attributable profit

Banking activity

RE Activity

S. America Constant €Ex. Ven.

-3.2% vs. 9M14