Highlights in the first quarter of 2014
- Bouyant activity.
- Positive evolution in recurring revenue.
- Stable risk premium.
- BBVA Bancomer, “Best Bank in Mexico” according to Global Finance.
Financial statements and relevant business indicators
(Million euros and percentage)
Download Excel
| Income statement |
1Q14 |
Δ % |
Δ % (1) |
1Q13 |
| Net interest income |
1,173 |
7.9 |
17.1 |
1,087 |
| Net fees and commissions |
261 |
(4.1) |
4.1 |
272 |
| Net trading income |
48 |
(25.0) |
(18.6) |
65 |
| Other income/expenses |
54 |
(41.2) |
(36.1) |
91 |
| Gross income |
1,536 |
1.4 |
10.1 |
1,514 |
| Operating expenses |
(568) |
(1.8) |
6.6 |
(578) |
| Personnel expenses |
(244) |
(0.2) |
8.3 |
(245) |
| General and administrative expenses |
(280) |
(4.7) |
3.5 |
(293) |
| Depreciation and amortization |
(44) |
9.7 |
19.1 |
(40) |
| Operating income |
968 |
3.4 |
12.2 |
936 |
| Impairment on financial assets (net) |
(355) |
0.9 |
9.5 |
(352) |
| Provisions (net) and other gains (losses) |
(16) |
12.3 |
21.9 |
(14) |
| Income before tax |
597 |
4.7 |
13.7 |
570 |
| Income tax |
(143) |
1.7 |
10.4 |
(141) |
| Net income |
454 |
5.7 |
14.7 |
429 |
| Non-controlling interests |
- |
- |
- |
- |
| Net attributable profit |
453 |
5.7 |
14.7 |
429 |
Download Excel
| Balance sheet |
31-03-14 |
Δ % |
Δ % (1) |
31-03-13 |
| Cash and balances with central banks |
5,299 |
(19.8) |
(8.6) |
6,604 |
| Financial assets |
32,502 |
13.0 |
28.7 |
28,761 |
| Loans and receivables |
42,670 |
(5.3) |
7.9 |
45,063 |
| Loans and advances to customers |
40,378 |
(0.3) |
13.6 |
40,495 |
| Loans and advances to credit institutions and other |
2,292 |
(49.8) |
(42.9) |
4,568 |
| Tangible assets |
1,333 |
1.8 |
16.0 |
1,310 |
| Other assets |
3,685 |
6.8 |
21.6 |
3,451 |
| Total assets/liabilities and equity |
85,490 |
0.4 |
14.3 |
85,188 |
| Deposits from central banks and credit institutions |
9,366 |
24.8 |
42.2 |
7,504 |
| Deposits from customers |
44,344 |
4.5 |
19.0 |
42,438 |
| Debt certificates |
3,883 |
(13.4) |
(1.4) |
4,485 |
| Subordinated liabilities |
3,638 |
(18.3) |
(6.9) |
4,451 |
| Financial liabilities held for trading |
6,890 |
(0.9) |
12.8 |
6,956 |
| Other liabilities |
12,809 |
(14.2) |
(2.3) |
14,937 |
| Economic capital allocated |
4,559 |
3.2 |
17.6 |
4,417 |
Download Excel
| Relevant business indicators |
31-03-14 |
31-12-13 |
31-03-13 |
| Loans under management (1) |
38,768 |
38,700 |
35,163 |
| Customer deposits under management (1-2) |
41,313 |
40,932 |
36,827 |
| Mutual funds |
17,191 |
16,896 |
18,641 |
| Pension funds |
- |
- |
- |
| Efficiency ratio (%) |
37.0 |
37.6 |
38.2 |
| NPA ratio (%) |
3.4 |
3.6 |
3.7 |
| NPA coverage ratio (%) |
114 |
110 |
117 |
| Risk premium (%) |
3.51 |
3.55 |
3.57 |
(1) Figures at constant exchange rate.
(2) Including all the repos.
