Highlights in 2013
- Buoyant activity transferred to revenues.
- Good management of customer spreads.
- BBVA Bancomer, one of the most efficient banks in the Mexican financial system.
- Stability in risk indicators.
- Sale of Afore Bancomer.
The leading franchise
Income statement
(Million euros)
Download Excel
|
|
Mexico | ||||
|---|---|---|---|---|---|
|
|
2013 | Δ% | Δ% (1) | 2012 | 2011 |
| Net interest income | 4,484 | 7.3 | 7.7 | 4,178 | 3,782 |
| Net fees and commissions | 1,184 | 10.3 | 10.7 | 1,073 | 1,015 |
| Net trading income | 208 | (4.6) | (4.3) | 219 | 296 |
| Other income/expenses | 325 | 13.4 | 13.7 | 286 | 229 |
| Gross income | 6,201 | 7.7 | 8.1 | 5,756 | 5,323 |
| Operating expenses | (2,335) | 7.8 | 8.2 | (2,166) | (1,931) |
| Personnel expenses | (996) | 9.4 | 9.8 | (910) | (820) |
| General and administrative expenses | (1,176) | 4.8 | 5.2 | (1,122) | (1,006) |
| Depreciation and amortization | (163) | 22.1 | 22.5 | (133) | (105) |
| Operating income | 3,865 | 7.7 | 8.0 | 3,590 | 3,392 |
| Impairment on financial assets (net) | (1,439) | 9.0 | 9.4 | (1,320) | (1,180) |
| Provisions (net) and other gains (losses) | (64) | 56.9 | 57.5 | (41) | (59) |
| Income before tax | 2,362 | 5.9 | 6.3 | 2,229 | 2,153 |
| Income tax | (557) | 3.2 | 3.5 | (539) | (514) |
| Net income | 1,805 | 6.8 | 7.2 | 1,690 | 1,639 |
| Non-controlling interests | (1) | 2.3 | 2.7 | (1) | (1) |
| Net attributable profit | 1,805 | 6.8 | 7.2 | 1,689 | 1,638 |
Balance sheet
(Million euros)
Download Excel
|
|
Mexico | ||||
|---|---|---|---|---|---|
|
|
31-12-13 | Δ% | Δ% (1) | 31-12-12 | 31-12-11 |
| Cash and balances with central banks | 6,175 | 3.5 | 8.8 | 5,968 | 5,503 |
| Financial assets | 29,528 | 0.4 | 5.6 | 29,396 | 25,961 |
| Loans and receivables | 40,940 | (2.9) | 2.1 | 42,165 | 37,759 |
| Loans and advances to customers | 38,517 | 3.1 | 8.4 | 37,364 | 32,926 |
| Loans and advances to credit institutions and others | 2,423 | (49.5) | (46.9) | 4,801 | 4,833 |
| Tangible assets | 1,292 | 10.6 | 16.3 | 1,168 | 984 |
| Other assets | 4,235 | 40.0 | 47.3 | 3,025 | 1,950 |
| Total assets/Liabilities and equity | 82,171 | 0.5 | 5.7 | 81,723 | 72,156 |
| Deposits from central banks and credit institutions | 11,209 | (18.1) | (13.8) | 13,680 | 10,368 |
| Deposits from customers | 40,304 | 10.1 | 15.8 | 36,602 | 35,583 |
| Debt certificates | 3,917 | (0.9) | 4.2 | 3,952 | 3,889 |
| Subordinated liabilities | 3,627 | (14.6) | (10.2) | 4,249 | 2,399 |
| Financial liabilities held for trading | 5,784 | (0.8) | 4.3 | 5,830 | 5,438 |
| Other liabilities | 13,060 | 4.5 | 9.9 | 12,498 | 10,312 |
| Economic capital allocated | 4,270 | (13.1) | (8.6) | 4,912 | 4,168 |
Relevant business indicators
(Million euros and percentage)
Download Excel
|
|
Mexico | ||
|---|---|---|---|
|
|
31-12-13 | 31-12-12 | 31-12-11 |
| Performing loans (1) | 38,678 | 35,217 | 32,613 |
| Customer deposits under management (1-2) | 40,809 | 38,417 | 37,085 |
| Mutual funds | 16,896 | 17,492 | 15,612 |
| Pension funds | - | - | - |
| Efficiency ratio (%) | 37.7 | 37.6 | 36.3 |
| NPA ratio (%) | 3.6 | 3.8 | 3.6 |
| NPA coverage ratio (%) | 110 | 114 | 120 |
| Risk premium (%) | 3.57 | 3.48 | 3.48 |
(2) Including all the repos.
