January-December 2013


Net attributable profit

In 2013 BBVA has generated a net attributable profit of €2,228m, above the figure of €1,676m in 2012. If the effect of corporate operations, earnings from the real-estate activity in Spain and the provision made in the third quarter of 2013 as a result of the classification of refinanced loans is not included in this figure, the Group’s adjusted net attributable profit in 2013 would be €3,195m, compared with €4,490m in 2012.

As a result, earnings per share (EPS) stand at €0.39 (€0.56 adjusted), return on total average assets (ROA) 0.48% (0.64% adjusted), return on equity (ROE) 5.0% (7.1% adjusted) and return on tangible equity (ROTE) 6.0% (8.6% adjusted).

By business area, Spain has contributed €583m, real-estate activity in Spain generated a loss of €1,254m, while the United States contributed €390m, Eurasia €454m, Mexico €1,805m and South America €1,249m.

Net attributable profit (1)

(Million euros)

(1) Adjusted (2) At constant exchange rates: -24.8%
Earnings per share (1)


(1) Adjusted.
ROA (1)


(1) Adjusted.
ROE (1) y ROTE (1)


(1) Adjusted.