Balance sheet
Balance sheet (million euros) (1) | 12-31-23
| ^% | 12-31-22 | 12-31-21 |
Total assets | 775,558 | 8.9 | 712,092 | 662,885 |
Loans and advances to customers (gross) | 388,912 | 5.5 | 368,588 | 330,055 |
Deposits from customers | 413,487 | 4.8 | 394,404 | 349,761 |
Total customer funds | 577,853 | 6.1 | 544,576 | 496,954 |
Total equity | 55,265 | 9.4 | 50,517 | 48,760 |
⁽¹⁾ Balances as of 31-12-2022 restated according to IFRS 17 - Insurance contracts.
Income statement (million euros)
Income statement (millions of euros) (1) | 12-31-23 | ^% | 12-31-22 | 12-31-21 |
Net interest income | 23,089 | 20.7 | 19,124 | 14,686 |
Gross income | 29,542 | 19.4 | 24,743 | 21,066 |
Operating income | 17,233 | 22.7 | 14,042 | 11,536 |
Net attributable profit/ (loss) | 8,019 | 26.1 | 6,358 | 4,653 |
Adjusted net attributed profit (loss) (1) (2) | 8,019 | 22.3 | 6,559 | 5,069 |
⁽¹⁾ Balances as of 31-12-2022 restated according to IFRS 17 - Insurance contracts.
⁽²⁾ For more information, see Alternative Performance Measures at the end of this report.
The BBVA share and share performance ratios
The BBVA share and share performance ratios | 12-31-23 | ^% | 12-31-22 | 12-31-21 |
Number of shares issued (million) | 5,838 | (3.2) | 6,030 | 6,668 |
Share price (euros) | 8.23 | 46.0 | 5.63 | 5.25 |
Adjusted earning (loss) per share (euros) (1) (2) | 1.32 | 26.8 | 1.04 | 0.71 |
Earning (loss) per share (euros) (1) (2) | 1.29 | 32.0 | 0.98 | 0.67 |
Book value per share (euros) (1) (2) | 8.86 | 13.9 | 7.78 | 6.86 |
Tangible book value per share (euros) (1) (2) | 8.46 | 13.9 | 7.43 | 6.52 |
Market capitalization (millions of euros) | 48,023 | 41.4 | 33,974 | 35,006 |
Yield (dividend/price; %) (2) (3) | 5.7 | | 6.2 | 2.6 |
⁽¹⁾ Balances as of 31-12-2022 restated according to IFRS 17 - Insurance contracts.
⁽²⁾ For more information, see Alternative Performance Measures at the end of this report.
⁽³⁾ Calculated by dividing the dividends paid in the last twelve months by the closing price of the period.
Significant Ratios (%)
Significant Ratios (%) | 12-31-23 | 12-31-22 | 12-31-21 |
Adjusted ROE (net attributable profit (loss)/average shareholders' funds +/- average accumulated other comprehensive income) (1) (2) | 16.2 | 14.4 | 11.4 |
Adjusted ROTE (net attributable profit (loss)/average shareholders' funds excluding average intangible assets +/- average accumulated other comprehensive income) (1) (2) | 17.0 | 15.1 | 12.0 |
Adjusted ROA (Profit (loss) for the year/average total assets) (1) (2) | 1.12 | 0.99 | 0.94 |
Adjusted RORWA (Profit (loss) for the year/average risk-weighted assets - RWA) (1) (2) | 2.38 | 2.12 | 2.01 |
Efficiency ratio (1) (2) | 41.7 | 43.2 | 45.2 |
Cost of risk (1) (2) | 1.15 | 0.91 | 0.93 |
NPL ratio (1) (2) | 3.4 | 3.4 | 4.1 |
NPL coverage ratio (2) | 77 | 81 | 75 |
⁽¹⁾ Balances as of 31-12-2022 restated according to IFRS 17 - Insurance contracts
⁽²⁾ For more information, see Alternative Performance Measures at the end of this report.
Capital adequacy ratios (%)
Capital adequacy ratios (%) | 12-31-23 | 12-31-22 | 12-31-21 |
CET1 fully-loaded | 12.67 | 12.61 | 12.75 |
CET1 phased-in (4) | 12.67 | 12.68 | 12.98 |
Total Ratio phased-in (4) | 16.58 | 15.98 | 17.24 |
⁽⁴⁾ Phased-in ratios include the temporary treatment on the impact of IFRS 9, calculated in accordance with Article 473 bis amendments of the Capital Requirements Regulation (CRR), introduced by the Regulation (EU) 2020/873. As of December 31, 2023, there are no differences between phased-in and fully-loaded ratios due to the aforementioned temporary treatment
Other Information
Other Information | 12-31-23 | ^% | 12-31-22 | 12-31-21 |
Number of clients (million) | 71.5 | 6.3 | 67.3 | 60.8 |
Number of shareholders (5) | 742,194 | (7.4) | 801,216 | 826,835 |
Number of employees | 121,486 | 5.0 | 115,675 | 110,432 |
Number of branches | 5,949 | (1.5) | 6,040 | 6,083 |
Number of ATMs | 30,301 | 1.7 | 29,807 | 29,148 |
⁽⁵⁾ See the footnote of the shareholder structure table in the Solvency chapter of this report.