BBVA Group reported a 25% increase in net profit for 2024, reaching 10.05 billion euros.

From NASDAQ.: 2025-01-30 01:52:31

Spanish financial services company BBVA Group reported a 25% increase in net profit for 2024, reaching 10.05 billion euros. Earnings per share grew by 30%, and profit before tax rose by 24% to 15.40 billion euros. Gross income increased by 20% to 35.48 billion euros, with net interest income growing by 9.4% to 25.27 billion euros. The Group attributed these results to strong performance in recurring revenues, with loans and advances to customers growing by 9.2%. Provisions for impairment on financial assets also increased by 32.4%.



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